Natwest Business Account Charges
Is anyone using Natwest Business Account, I’ve been using it for the past year and the promo period of 0 charge on transactions is coming to an end. Will they charge 0.35p for EVERY transaction as per their website or have I read it wrong? 0.35p sounds nuts!
Seller_DTufFoxJuMU0M
sounds about normal. We have similar fees with our bank - personal banking is free - business banking is far from it!
Here’s a list of the charges for natwest
42 replies
Seller_DTufFoxJuMU0M
sounds about normal. We have similar fees with our bank - personal banking is free - business banking is far from it!
Here’s a list of the charges for natwest
Seller_BS5lg2keRs2QO
Not too sure which type of account you have with them, but the 35p is for automated payments, there are higher fees for other transactions.
Seller_HxgcObseSqKiG
Thanks guys, I’ll only be using it for disbursements and buying stock, I’ve read the full charges, I may have to reduce the disbursements rate to save a few pence a month
Seller_qZO3ZCjoBXEeL
We used to use them, and left for this reason. Our various currency credit card accounts were depositing upwards of 10-15 times per day.
We now use Lloyds Business - Flat £7/month for basic services.
Seller_rGtEcZnu0JTRD
Same as @PeterB, we use Lloyds - flat rate of 7.00 a month all included, and we have hundreds of transactions in the course of each month.
Seller_HxgcObseSqKiG
Lloyds look like a good option, I’ll see if the math maths. Thanks
Seller_NoMNQDGnEW5Bx
I use starling and don’t pay anything
Seller_LVJaidBR9PT5Z
Use monzo business best business account i have tried out been using it for a few years now, no cost. High street banks seem to always charge fees now.
Seller_FqalN2Equ13mj
As a member of the Federation of Small Businesses, which does have an annual subscription.
One of the benefits is Free Business Banking with the Co-op bank.
Been with them since 2007.
Seller_Q3RVcJZLyOqK9
Have a Look at Starling Bank Business Account No Monthly Fees
It may be the solution you are looking for depending how you use the account, and what you need from it