The Current Account Switch Guarantee means that your new bank takes care of closing your old account, moving your balance and switching your payments. So you don't need to worry.
Offer funds are limited
Once they’re gone, they’re gone! The offer funds within Business Banking Switch are limited and if they run out the offers will end sooner. Remember, these offers are designed to be better than those normally available on the market, and could include cash, free business banking and more.
The chart illustrates the percentage of scheme funds used and remaining for offers and is correct at the date of publishing, 21/10/2020. This chart will be updated regularly.
Remaining offer funds
Customers In the process of switching
Here are the participating banks currently providing exclusive offers:
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 Available offers may change or be withdrawn at any time. Customers that choose to switch as part of Business Banking Switch must apply to open a new business current account with a participating bank by 28th February 2021 at the latest. To receive an offer, customers must complete their switch and close their Royal Bank of Scotland account by 30th June 2021 at the latest. However, the availability of offers is subject to sufficient scheme funds being available as funds are limited and the scheme may end at any time before 30th June 2021. 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.