The participating banks were chosen by Banking Competition Remedies Limited (BCR), the independent body overseeing the scheme. Over 70% of small and medium-sized enterprise (SME) current accounts are currently with the ‘big four’ banks (RBS, HSBC, Lloyds and Barclays), which is why the Government is keen to increase competition and provide more customer choice.
The exact banks and offers available to you may vary. By entering your account number and sort code, you’ll be able to see all the banks and offers that may be available to you.
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 Available offers may change or be withdrawn at any time.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.