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Business Cash Management account

A multi-currency account with instant access to your money

Business Cash Management accounts are available to eligible customers aged 18 or over who are resident in the Channel Islands, Isle of Man or Gibraltar. Annual account maintenance charge applies.

What is a Business Cash Management account?

A Business Cash Management account lets you look after multiple currencies under one account number, while earning interest on selected balances.

With this account you can:

  • Access your money instantly
  • Hold multiple currencies in one place
  • Earn interest on your GBP, EUR and USD balances
  • Make sterling and international payments
  • Set up and manage fixed‑term and notice deposit accounts
Information Message

Please read the Summary Box below which gives you key information.

Summary Box

Account name: Business Cash Management account

What is the interest rate?

We only pay interest on balances held in GBP, EUR or USD. No interest is paid on balances held in any other currencies.
Currency
Sterling (GBP)
Euro (EUR)
US Dollar (USD)
Other currencies
AER p.a. (variable)
1.03%
0.51%
0.25%
0.00%
Gross p.a. (variable)
1.03%
0.51%
0.25%
0.00%
Interest rates are subject to variation. Interest is calculated daily and is applied on the last business day of March, June, September and December.
Definitions explained

Historic interest rates

We're committed to keeping your business up to date with any changes to the interest rates on your accounts. Below you'll find a summary of our previous rates, along with the rates we're offering now.

Can NatWest International change the interest rate?

Yes, the rate is variable. We can change rates for any of the reasons set out in the Non-Personal Terms, such as responding to a change in the Bank of England’s base rate.

  • If rates are going down, we’ll give you at least 14 days’ notice.
  • If rates are going up, we’ll tell you before the change or at the earliest opportunity afterwards.

For more details, please read section 10.3 of the Non-Personal Terms.

What would the estimated balance be after 12 months based on a range of currencies?

With this account you can hold money in multiple currencies, but we only pay interest on your GBP, EUR and USD balances.
Deposit at start date
£10,000
£100,000
£250,000
Interest earned
£103.40
£1,033.99
£12,584.96
Balance after 12 months
£10,103.40
£101,033.99
£252,584.96
These are only examples and do not take into account your particular circumstances. They assume that no further deposits or withdrawals are made, there is no change to interest rates and any interest earned stays in the account.
Deposit at start date
€10,000
€100,000
€250,000
Interest earned
€51.10
€510.98
€1,277.44
Balance after 12 months
€10,051.10
€100,510.98
€251,277.44
These are only examples and do not take into account your particular circumstances. They assume that no further deposits or withdrawals are made, there is no change to interest rates and any interest earned stays in the account.
Deposit at start date
$10,000
$100,000
$250,000
Interest earned
$25.02
$250.23
$625.59
Balance after 12 months
$10.025.02
$100,250.23
$250,625.59
These are only examples and do not take into account your particular circumstances. They assume that no further deposits or withdrawals are made, there is no change to interest rates and any interest earned stays in the account.

How do I open and manage my account?

To apply for this account

  • Business Cash Management accounts are available to eligible customers aged 18 or over who are resident in the Channel Islands, Isle of Man or Gibraltar.

Opening your account

Managing your account

  • There is no minimum or maximum deposit limit on this account.
  • You can manage your account using our online banking platforms, in branch or by telephone.

Can I withdraw money?

Yes, the Business Cash Management is an instant access account so you can withdraw your money at any time without giving notice.

Additional information

Annual Equivalent Rate (AER) shows the interest rate if interest is paid and compounded once each year. AER helps you to compare the rates of interest on different accounts.

Gross means the interest rate you are paid on your savings with no compounding.

p.a. stands for 'per annum' (per year).

How to apply

Before you apply for a Business Cash Management account, please review our eligibility, important information and details on how we use your information so you're sure it's the right account for you.

Who is eligible to apply?

You can apply for a Business Cash Management account if you’re:

  • aged 18 or over and resident in the Channel Islands, Isle of Man or Gibraltar
  • the owner or director of the business you’re applying on behalf of

and your business has:

  • a registered address and/or is registered for tax purposes in the Channel Islands, Isle of Man or Gibraltar
  • a single layer of ownership with no nominee shareholding structures with all owners, directors or shareholders resident in the Channel Islands, Isle of Man or Gibraltar
  • cash takings that don’t exceed 20% of your annual turnover

Important information

If someone in your business is a Politically Exposed Person (PEP), or is a family member or close associate of one, and they're a significant controller or beneficial owner, please contact your local Business Support Team to discuss.

Please review our important information

If you continue to apply, you’re confirming that you’ve been provided with and have acknowledged our important documents.

How your information might be used

We want you to feel confident about how your information is used and shared. Before you continue, please read our privacy notice.

Apply for a Business Cash Management account

If you already bank with us for your business, you can apply for a Business Cash Management account by:

If you’re new to NatWest International, please give your local Business Support Team a call to discuss.

Information Message

Lines are open Monday to Tuesday 9:30am - 4:30pm, Wednesday 10:00am - 4:30pm and Thursday to Friday 9:30am - 4:30pm (except public holidays). Calls may be recorded.