Tuesday, September 13, 2005

Natwest Business Bank Account

Natwest Bank

Despite a recent rebranding which saw the white "arrowheads" logo become red (rebranding is trendy these days?) NatWest's big day was three years back, when it merged with the Royal Bank of Scotland Group. This created the world's fifth largest banking organisation.

Historically, NatWest Bank has always been strong with students, and continues a program of student sponsorships (oh, along with cricket of course?) which of course really serves to bring customers in when they're young- most people stay with the bank they first signed up to.

With over 3000 branches at the time, NatWest Bank also expanded their cash machine network the fastest during the 1980's- and really pioneered 24 hour banking, but they've been through the mill fairly publicly in the past decade: first closing many branches (especially rural ones) and then stopping their branch closure programme because they were losing customers (in fact last year they reopened a branch!). Now, there are 1600 or so branches- plus other group members RBS, Clydesdale and Ulster to mention a few; and over 3500 cash machines.

NatWest bank doesn't offer the best deals on all products (who does?), and you can often find better deals off the high street; but they're quick to trumpet their new banking philosophy which is backed up fairly well by policy: cash machine withdrawal fees have been abolished (and this was copied by much of the industry), call centre expansion was abolished and customers can now call their branch directly, and all small business customers (NatWest Bank currently has around 850,000) also have a dedicated business advisor.

Natwest Business Banking

Whether you are considering setting up a new business or already own an established company, Natwest Business Banking can offer a bank account that caters to your business needs. There are a number of special offers available to both new and existing business including free business software to help you with your business plans. If you are starting up a new business check out the comprehensive guides which include information about funding, business ideas, legal status and hot new topics in the business world. At Natwest you will find all the help you need to manage your business account with ease.

The Natwest site is easy to use and contains plenty of information to help you decide which account would be most suited to your business. When you start banking with Natwest you will receive free business advice and you have the option of talking to an advisor in person, over the phone or online; which ever is the most convenient. If you already own a business and are considering changing your bank account; Natwest aim to make the process as simple as possible and you could qualify for a period of free banking. To find out more about the services offered by Natwest Business Banking visit the site today.

Summary

NatWest is the number 1 Business Bank with 850,000 small business accounts. With so much experience in business banking, NatWest can tailor a package that is right for the customer whether they are starting up or already running an existing business.

Natwest Business Bank


2 Comments:

Anonymous phil said...

The Natwest Business Bank Account has no debit card available other than solo, and the credit card has very low limits which render it all but useless for a business. I run a computer company and the limit they gave me was less then 5% of my minimum monthly deposit. When I asked for an increase so I could actually use the card to make purchases for the business, I was told I had to be with them for 6 months before this could happen. Needless to say I am moving my accounts.

9:49 AM  
Anonymous Anonymous said...

Although Natwest promised free banking for the first 12 months this has not happened. Despite writing to the manager in charge of the account (and getting no acknowledgement), phoning and getting a minion calling back saying "I don't know about that, I will check". The minion did not call back as promised. Then my accountant contacted the bank and also met a blank wall.

Despite promises of a cash card and free banking from June onwards, I am still awaiting the card (after 2 months) and am still incuring charges. As a result, I shall be closing the account and, if asked at networking meetings about business banking, will certainly be telling people to avoid NatWest.

9:58 AM  

Post a Comment

<< Home

L10 Web Stats Reporter 3.15 LevelTen Hit Counter - Free PHP Web Analytics Script
LevelTen dallas web development firm - website design, flash, graphics & marketing