Sprint ahead with our choice of business bank accounts

Yes. The Current Account Switch Service makes moving your business bank account to Royal Bank of Scotland easy. To find out about switching, check out the Current Account Switch Service.

Opening a Start-up or Business account usually takes 15-20 days.

It can take longer if:

• You have more than 2 individuals detailed as owners/officials.
• You take cash payments.
• You undertake overseas transactions.
• You're a Club, Society, Charity, Non Personal Trust (we are unable to open accounts for Personal Trusts).

If you want to open a Community account, this could take up to 6 weeks.

1. Once you’ve submitted your application, we'll email you to confirm we've received it.
2. We'll contact you by phone or email if we need any more information. We won't be able to progress your application until you send us the missing information.
3. If there's more than one party named on the application, you'll be asked to complete a mandate. You may also be asked to complete a tax declaration and acknowledge Business term accounts.
4. Once we’ve opened your account, we’ll send you an email with the account details. Your debit card and Online Banking details will arrive shortly after.
   
   If we’re unable to progress your application for any reason, we will notify you by email.

• Give us a detailed description of your business in your application.
• If you’re a start-up, provide a realistic estimate on your turnover.  We know this can be challenging, so your best estimate is fine.
• Provide clear and detailed information throughout the application. Try your best not to leave gaps - especially in the trading activity section.
• Make sure any additional partners linked to the account return the required documents as fast as possible.
• Be ready to send any further information we may ask for as soon as you can. We may contact you via email or phone after you’ve submitted your application.
• You'll need to verify your identity with the help of onscreen prompts within Mitek. Mitek is our trusted online identification and security partner. This will help to give you more clarity about which documents you should provide.
• Use the application hub to check for updates.

• Incorrect or expired documents.
• Providing incomplete or limited information when asked about your business.
• Poor credit score.
• Dishonesty and fraud.
• Being linked with certain business types or countries.

As part of your application, we'll use our trusted third party supplier Mitek to verify your identity. This will include ID document checks, and a selfie upload using your phone or webcam.

It’s quick, it’s safe, and they’ll delete all copies of your documents and data as soon as your identity check is done.

Mitek are likely to ask for:

• Photo ID, such as: driving license, passport or EU ID card
• A short video or selfie to compare with your photo ID

Mitek might also need to see a proof of address, such as:

• Driving license
• Utility bill
• Bank statement
• Tax document

Make sure the documents you use exactly match the information you enter in your application. For more information, visit What is Mitek?