NatWest offers business current accounts in the United Kingdom, including a standard business account with an introductory free banking period and a free app based account for smaller businesses. Eligibility is for UK based businesses.
- Who it suits
- United Kingdom based sole traders, small businesses and larger companies that want a current account from an established UK bank with branch access.
- Broadly available in
- United Kingdom only.
- Headline monthly fee
- Up to 2 years of free everyday banking for eligible switchers, then the standard tariff
- Account type
- Business current account
General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.
Overview
NatWest is an established United Kingdom bank offering business current accounts with branch, online and mobile access. New eligible customers with turnover up to 2 million pounds can get up to 2 years of free everyday banking when they switch, after which standard tariff charges apply, as of 11 October 2026. NatWest also offers a free app based account aimed at sole traders and small limited companies. Eligibility and tariffs differ by account, so check the current terms.
Strengths
Established UK bank with branch access, an introductory free banking period for eligible switchers, and a free app based option for smaller businesses. Accounting tools are included on some accounts.
Limitations
Available to United Kingdom based businesses only. After any free period the standard tariff applies, with charges for many everyday transactions. The free app based account has limits, such as restrictions on cash and cheque handling and a cap on the number of owners.
Fees and features
| Monthly fee | Standard business account: up to 2 years free everyday banking for eligible switchers, then the standard tariff. Free app based account: no monthly fee (as of 11 October 2026). |
|---|---|
| Transaction fees | Everyday transaction charges apply under the standard tariff after any free period. Verify the current tariff with the provider. |
| FX fees | Foreign exchange and international payment fees vary by account and tariff. Verify current terms with the provider. |
| Minimum deposit | No minimum opening deposit stated for the main business accounts (as of 11 October 2026). |
| Multi currency | The core accounts are sterling current accounts. Foreign currency options may be available separately. Verify with the provider. |
| Integrations | Online and mobile banking with accounting tools on some accounts. |
| Eligibility | United Kingdom based businesses. The free app based account is for sole traders and small limited companies with UK resident owners that meet size limits. Confirm details with the provider. |
Open a NatWest Business account
NatWest business current accounts are available to United Kingdom based businesses only. Confirm current eligibility, the free banking period and the standard tariff with the provider before applying. Shown as of 11 October 2026.
Visit NatWest Business → Commission link: we may earn a fee if you open an account through it. It does not change what we publish or how we rank providers.Questions about NatWest Business
Does NatWest offer free business banking?
Who can open a NatWest business account?
Is NatWest business banking available outside the United Kingdom?
What happens after the free banking period?
Fees, features, and eligibility change and vary by region. This page was last reviewed on 11 October 2026. Confirm current terms with NatWest Business before applying.