Good Business Sense

Committed overdraft and
Price Promise from RBS

At RBS we understand how important small businesses are to the economic success of the country. They safeguard the jobs of millions and help sustain the entire economy. At this difficult time small businesses are under pressure as never before and they need support and commitment from their bank, so we're backing them by:

  • Keeping overdrafts for small businesses in place for a whole year.
  • Not increasing pricing on overdrafts until at least the end of 2009.

RBS have given a commitment not to increase small business customer's overdraft pricing until the end of 2009 unless the risks associated with lending to them have increased. We also pledge to continue to provide committed overdrafts to businesses for the agreed committed period, which means that their overdraft facility will stay in place for 12 months from the date of agreement.

The committed overdraft pledge applies to RBS Business Banking customers with a turnover of less than £1million. It is subject to customers staying within their agreed terms and conditions.

RBS are committed to giving Small Businesses support to keep trading with confidence. To find out more speak to your Relationship Manager.

If you want to switch your business banking to RBS simply apply online or request an appointment.