Free Online Business Banking from Natwest?

wattc · 21 May 2015 at 5:02PM

Hey all

Can someone explain to me if Natwest offer a free online business bank account? Usually business bank account offer a year or two free, then start charging a monthly fee.

But according to this:
http://www.natwest.com/personal/online-banking/g3/business-customers.ashx

it says "Online banking is free of charge, and lets you carry out a wide range of regular transactions."

Is that right or am I missing some small-print somewhere? Thx

martindow · 22 May 2015 at 8:44AM

I don't know the answer to your question, but it only says that online banking is free. It could be mean that there is a monthly fee for running the account but they will let you access it online for no extra charge.

wattc · 22 May 2015 at 3:35PM

martindow wrote: »

I don't know the answer to your question, but it only says that online banking is free. It could be mean that there is a monthly fee for running the account but they will let you access it online for no extra charge.

It's hard to know. On the same page, they also have a "Bankline Lite" account, which they say has a monthly fee, i.e.
"Looking to manage your currency accounts, make bulk BACS payments and more? Then Bankline Lite may be the best choice for your business. You have to pay a monthly fee to use Bankline Lite."

So if they explicitly say one account has a monthly fee and the other they describe as "free", it kind of makes sense to assume it is free?

The problem is, if you click either link to see more details, the links are both dead :rotfl: Poor websites, poor information for potential customers.

novelty-socks · 22 May 2015 at 5:13PM

I joined NatWest Business Banking about three years ago. Opted for an account designed for businesses that do most of their banking online, but from memory there was no fee-free period then.

I remember this because other banks were offering two years fee free, but I opted for NatWest as it was the easiest option at the time!

paddyrg · 22 May 2015 at 6:13PM

Radical, but might I suggest asking NatWest themselves? I'm sure a two minute phone call would clarify matters ;-)

wattc · 22 May 2015 at 7:49PM

paddyrg wrote: »

I'm sure a two minute phone call would clarify matters ;-)

Two minutes? When was the last time you rang a bank!

willo65 · 24 May 2015 at 8:15PM

The page that your link routes too is only regarding online banking.

Here is the link for the current account startup package:

http://www.business.natwest.com/afb/public/nwb/AFBRoot/mainhome/startups/accounts/preview/!ut/p/c5/rVFJsqJAED2LB_hShYxLEERAiqEAhQ0BqIDMSstw-rbD3vRCV50ZuXrx4g1JhMRrm_hZZPFQtE1cESciZCLexxCoWwqYiscBlTZMhDwfYot94QETgQ8jgH_Z_oYBKm9i2mEYEssb4kicABXh29ht-BZYWJ4saA_6waOGNF00EHAPHXcI2md9h52m-5Xvj10edloRKHkRaF!!!3keKFUZK1VdKnEQH2Nc1mKf1FPT07D39FEVIjhP-rhavd1-8fM96_FPO5_5gH3jX9pA-7a-EAERshHFOQJ0KdFmBZIHwtZTVNNTOM5kCfdvK3OnLuXi3Fh7fIBsMlxvNOQSINeeHhKe0euwhAyUaCp2ZYhu6QINHvo7WxZ2NA7cx-qt9SkTTf9XLY0Ii6Rej2m9BmuWZ0kKABJwgKMohiGOVjBPcquOsoyjHB9eP3sOo6Gb2q3XpZMpF-psh5p2yxruqZfmhouSYa7uR5cMI3mbjV1oW2zo3NFYpd2wUzKXodxa3LvWQjq9SFYtrC7Xn11-8ZEqwfhhuJqjxkNCTYPb-8I5CPuYa2lpSGTeN3xznsH5blU7h23kAy2RZQXFkydOjh2EWcQcOKHOtle-HVj1kf7MErnUkpStiK72ngfG4dAVXQ1htfoNYh1BWg!!/dl3/d3/L2dBISEvZ0FBIS9nQSEh/

Slinky · 27 May 2015 at 2:37PM

Don't know about NatWest but I've got RBS Business Banking Direct which is free and I've had the account about 7 years. You post any cheques to them in pre-paid envelopes. They can't deal with cash but I bank that personally and send them a personal cheque for the tiny amounts I receive.

wattc · 27 May 2015 at 3:18PM

Slinky wrote: »

Don't know about NatWest but I've got RBS Business Banking Direct which is free and I've had the account about 7 years. You post any cheques to them in pre-paid envelopes. They can't deal with cash but I bank that personally and send them a personal cheque for the tiny amounts I receive.

Does this RBS account actually exist any more? When I google it, I get links, but the links go to a dead page. Can't find any info on the account itself or the details on account fee?

Free Online Business Banking from Natwest?

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