Business Banking Switch

The offers have been updated

Take a look now to see the latest offers available to switch banks.

See the new offers

Enter your account number and sort code to browse the offers.

See offers

Coronavirus (COVID-19)

Business Banking Switch offers are still available for eligible customers. Please be aware that due to coronavirus, response times from the participating banks may be longer than usual. We appreciate your patience during this time.

The communication of Business Banking Switch offers by Royal Bank of Scotland to eligible customers does not represent an endorsement or recommendation of those offers. Customers must consider the full terms and conditions of the products offered in line with their current and future banking needs, and seek independent advice where necessary. Available offers may change or be withdrawn at any time. Each participating bank’s own application process, criteria and conditions apply and these may change from time to time. Neither Royal Bank of Scotland nor any third party will have any liability in relation to any decision taken by a participant bank.

How it works

  1. Browse offers

    Browse your offers on this website

    Have your account number and sort code ready, so we can display your relevant offers from the participating banks. The website is a secure environment and your data is protected. You will never be asked for your full PIN or Password as part of this process.

  2. Submit your interest

    Submit your interest on this website

    Once you’ve picked a shortlist of offers according to what’s important to you and your business you can submit your interest in the offers. You’re not applying for anything at this point.

  3. Apply to new banks

    Apply to your chosen banks

    Once you’ve submitted your interest, we’ll let you know your next steps. Some participating banks may have an online process, whereas others may have a team to guide you through your application.

  4. Switch with the Current Account Switch Service

    Switch with the Current Account Switch Service

    For most customers, the switch will be managed by the Current Account Switch Service. They’ll transfer your balance, Direct Debits and standing orders and will ensure that all of your payments (in and out) will be automatically transferred to your new account. You’ll then need to close your Royal Bank of Scotland Account to fully complete the switch.

Why we're asking you to consider switching to another bank

In 2008 and 2009 we received financial support from the UK Government. As a result, we made a commitment to help increase competition in UK business banking and reduce our market share.

We originally planned to do this by setting up a new bank – Williams & Glyn – which you were due to move to, but that’s no longer going ahead. Instead, the Business Banking Switch proposal was approved by the European Commission in 2017.

Visit Support for more information.

Which offers could you go for?

The kind of offers you can expect

A fund has been set up to allow participating banks to offer deals and rewards to eligible customers to switch their business current accounts. The scheme has been designed to provide customers with offers which are better than those normally available on the market.

Once you enter your account details, you’ll be able to see the offers your business may be eligible for. Browse them on the Offers page.

Browse offers

Who are the participating banks?

These banks have been selected by an independent body, Banking Competition Remedies Limited, to take part in the scheme. You can find out more about why these banks have been chosen by visiting Support.

Ready to browse your offers?

Viewing the offers available to your business and submitting your interest will take roughly 20 minutes. You’ll need to have the following information to hand:

Start browsing offers

Already submitted your interest?

Retrieve your offers

Still have questions? Find out more in Support

Account number and sort code for your main business account

By telling us your account number and sort code, we can check your eligibility for the scheme and save you time later. We can also ensure that you only see the offers available to your business. The site is a secure environment and your data is protected. 

You’ll find your account details in the following places:

  • Online banking or mobile app
  • Bank statement
  • Cheque book
  • Paying-in book

Your business contact information

Please tell us your preferred contact details - this enables us to log your interest in the scheme.

By submitting your details you are giving your consent for the participant bank(s) to contact you about your selected offers.