Business overdrafts
Financial flexibility for your business
A business overdraft can boost your working capital, improve cash flow and help you to cope with unexpected expenses.
Security may be required.
Once your application for an overdraft has been approved, you can use it at any time over the next 12 months.
This means that you can call on the overdraft limit whenever you need it throughout the year. This is subject to customers staying within their agreed terms and conditions.
Already have an overdraft?
If you already have an overdraft facility with another bank, we'll do our best to match the terms they offer.
Our overdraft price promise
We're committed to helping small businesses by giving a price promise with all our business overdrafts.
Benefits of a NatWest offshore business overdraft
- Flexibility - your overdraft term can be for any period up to one year
- Access - once your overdraft has been approved, you can access your funds straight away.
- Choice - if you don't need the money right away, you can access it at any time within the overdraft term
- Tell us what you need - your relationship manager will agree your borrowing limit
- Daily interest - Interest is charged only on the amount drawn and is calculated daily.
Arrangement Fee
We charge an arrangement fee to cover the cost of setting up your overdraft and our ongoing costs.
Our fees may vary, depending on your specific needs.
| Overdraft Amount | New Overdrafts | Renewed Overdrafts |
|---|---|---|
| £0 to £500 | £50 | £50 |
| £501 to £1500 | £100 | £100 |
| Greater than £1500 | 1.50% (£150 min) | 1.50% (£150 min) |
Get in touch
Jersey
01534 282828
Guernsey
01481 703800
Isle of Man
01624 697900
Gibraltar
00350 200 77737
Lines are open: Mon to Fri 9.00am-5.00pm
(excluding public holidays).
Calls may be recorded