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What is Business Banking Switch?

During the financial crisis in 2008 and 2009 we received financial support from the UK Government. As a result, we made a commitment to help increase competition in UK business banking and decrease our own market share.

Previously, it meant that certain business and commercial customers of NatWest were due to become part of a new bank, Williams & Glyn, but this is no longer going ahead.

Working with HM Treasury and the European Commission, an alternative proposal has been agreed - an incentivised switching scheme we’ve named Business Banking Switch - which was approved in September 2017.

A dedicated website (opens in a new window) has been set up to support customers eligible for Business Banking Switch