Switch to a NatWest business bank account

You can find more information on the Current Account Switch Service website

You can check if your current bank is part of the Current Account Switch Service on their website

You will need to complete one of our switching applications and provide 6 months statements from your existing Business Current account

Your switch will take place 7 working days from the day we receive your completed application.

We validate your application the day we receive it and if we have all the required information to initiate your switch, we will start your switch process.

In case there is further information required to initiate the switch, we would get in touch with you as well as your RM/Business team.

Full Account Switch Criteria

• There must not be any outstanding security on your old account
• Small businesses, with an annual turnover and/or balance sheet total that does not exceed £6.5 million and fewer than 50 employees
• A small charity with an annual income of less than £6.5 million
• A small trust with a net asset value of less than £6.5 million

Partial Account Switch

• Customers who are ineligible for a Full Account Switch
• Customers who meet the eligibility criteria for a Full Account Switch but choose a Partial Switch instead
• Customers who opted for a Full Switch but hold security at the Old Bank and therefore do not meet switch criteria

• It is free to use and is backed by the industry-wide Current Account Switch Guarantee, ensuring that in the unlikely event that something goes wrong, any bank charges would be fully refunded.
• The switch will be completed within 7 working days. You can choose a switch date – so the switch from your old bank to us takes place on an agreed day
• All existing Standing Orders, Direct Debits and future dated payments will be transferred across as part of the switch.
• Your old account will be automatically closed and any balances transferred
• All payments are redirected once your switch is complete. This is designed to catch any stray payments that might be accidentally made to the old account after your switch is complete

• It is free to use but is not backed by the Current Account Switch Guarantee
• The switch must be completed within 90 days
• Transfer of all Standing Orders and Direct Debits with the option of choosing which existing Standing Orders and Direct Debits you wish to transfer

For Sole Traders:-

Things to consider when initiating a switch, you must ensure that your Debit Card with the Old Bank is:

• Active
• The Debit card type (not a cheque charge card or credit card)
• Cancelled if lost or stolen

Please mention your card details (last 5 PAN digits) in the form.