# NatWest International: Business, Corporate and Commercial account

> The business account of NatWest International (The Royal Bank of Scotland International), for companies in Jersey, Guernsey, the Isle of Man and Gibraltar whose owners and directors all live there: £12.50 a month, sterling and international payments by Faster Payments, CHAPS, Bacs, SEPA and SWIFT.

Finzil profile: https://finzil.com/providers/natwest-international · Provider website: https://natwestinternational.com · Facts checked: 2026-10-20

## Key facts

- **Monthly fee:** £12.50 (per account)
- **Onboarding:** 3–5 days (typical)
- **Provider type:** Bank
- **IBAN:** Local account details
- **Payment rails:** Faster Payments, CHAPS, Bacs, SEPA, SWIFT
- **Non-residents:** Not accepted
- **Headquarters:** Jersey
- **Trustpilot:** 1.4 from 36 reviews (checked 2026-10-20)

## Who can apply

- **Non-resident owners** (owner or director living outside the company's country): Not accepted
- **Countries of incorporation accepted:** Jersey, Guernsey, Isle of Man, Gibraltar (only these)
- **Countries of incorporation refused:** Not published
- **Owner residency accepted:** Jersey, Guernsey, Isle of Man, Gibraltar
- **Owner residency refused:** Not published
- **Owner nationality refused:** Not published
- **Company types accepted:** Companies registered or taxed in Jersey, Guernsey, the Isle of Man or Gibraltar

## Industries

- **Industries served:** Startups and SMEs, Professional services, Financial institutions
- **Prohibited industries (provider's own list):** Not published
- **Permitted industries (provider's own list):** Small to medium-sized businesses; Corporate businesses; Commercial businesses; Businesses needing everyday banking; Businesses managing multiple currencies or higher payment volumes

## Licences

- Jersey: Jersey Financial Services Commission, Bank (deposit-taking), The Royal Bank of Scotland International Limited (https://www.jerseyfsc.org/industry/regulated-entities/entity/519)
- Guernsey: Guernsey Financial Services Commission, Bank, The Royal Bank of Scotland International Limited (https://www.gfsc.gg/)
- Isle of Man: Isle of Man Financial Services Authority, Bank (deposit taking), The Royal Bank of Scotland International Limited (https://www.iomfsa.im/)
- Gibraltar: Gibraltar Financial Services Commission, Bank, The Royal Bank of Scotland International Limited (https://www.fsc.gi/)

Safeguarding: NatWest International is a licensed bank in each of the four islands and territories it serves; deposits are held by the bank itself.

## Fees

Source: https://www.natwestinternational.com/content/dam/natwestinternational_com/assets/docs/business/business-corporate-commercial-account-charges-nwi25033.pdf.coredownload.pdf (checked 2026-10-20)

### Plans

- **Business, Corporate and Commercial account:** 12.5 GBP a month

### Incoming

- SEPA: Free
- SWIFT / international: £7

### Outgoing

- SEPA: £1
- Faster Payments (GBP): £1
- CHAPS (GBP): £25
- SWIFT / international: £15
- Local transfer to another bank (Bacs): £0.18

### Currency exchange (FX)

- FX markup: Not published

## Opening an account

Opening an account typically takes three to five business days.

1. **Check eligibility.** Confirm the business and all its owners, directors and shareholders are in Jersey, Guernsey, the Isle of Man or Gibraltar.
2. **Apply.** Start the application online or ask for a callback.
3. **Details.** Give the business and ownership information and review the terms and charges.
4. **Account live.** NatWest International approves and opens the account.

Documents: Not published

## Pros and cons

- Pro: A licensed bank in Jersey, Guernsey, the Isle of Man and Gibraltar
- Pro: Euro payments in are free; SEPA and Faster Payments out cost £1
- Pro: Faster Payments, CHAPS, Bacs, SEPA and SWIFT
- Pro: Part of NatWest Group
- Pro: Corporate and commercial clients get a relationship director
- Con: Only for businesses in Jersey, Guernsey, the Isle of Man or Gibraltar
- Con: Every owner, director and shareholder must live there
- Con: £12.50 a month per account
- Con: SWIFT out costs £15 and CHAPS £25
- Con: Trustpilot score of 1.4 from 36 reviews

## Finzil's take (opinion)

NatWest International is the mainstream local bank for a company based in Jersey, Guernsey, the Isle of Man or Gibraltar, and only for those whose owners live there too. For anyone else it is closed; island companies with owners abroad need a different route.

## Alternatives

- [HSBC UK](https://finzil.com/providers/hsbc-uk): Bank · UK
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- [Wise Business](https://finzil.com/providers/wise): E-money institution · UK, Belgium
- [Airwallex](https://finzil.com/providers/airwallex): E-money institution · UK

## FAQ

**Who is NatWest International?**

The trading name of The Royal Bank of Scotland International Limited, part of NatWest Group, licensed as a bank in Jersey, Guernsey, the Isle of Man and Gibraltar.

**Who can open a NatWest International business account?**

Businesses registered or taxed in Jersey, Guernsey, the Isle of Man or Gibraltar whose owners, directors and shareholders all live in those places.

**How much does it cost?**

£12.50 per account a month. Euro payments in are free; SEPA and Faster Payments out cost £1, Bacs 18p, CHAPS £25, SWIFT out £15 and SWIFT in £7, as of January 2025.

**Can a UK company open one?**

No. The account is for businesses based in the Channel Islands, the Isle of Man or Gibraltar; UK businesses bank with NatWest in the UK.

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