If you're living abroad or moving to the UK, we might be able to help.
Instant access savings account that lets you move money easily
To apply for this account, you must be aged 16 or over, have a current account with us and reside in an eligible country. To set up and maintain your banking with NatWest International, you must keep a minimum balance of £25,000 with us (or the equivalent in another currency).
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Why choose an Instant Saver account?
Our Instant Saver account is perfect for you if you want a savings account that lets you access your money anytime while earning interest.
- Start saving with no minimum deposit.
- Earn interest even if you’ve made a withdrawal.
- Manage your money 24/7, online or using our app.
Please remember, our savings accounts are only available to customers who have a current account with us.
Summary Box
Account name: Instant Saver account
What is the interest rate?
Can NatWest International change the interest rate?
Yes, the rate is variable. We can change rates for any of the reasons set out in section 10.3 of the Personal Banking Account Terms and Fees 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 60 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 10.4 of the Personal Banking Account Terms and Fees.
What would the estimated balance be after 12 months based on a range of deposits?
How do I open and manage my account?
How to open your account
- Apply to open an account by completing our call back form.
- No minimum deposit is required to open the account and no minimum deposit needs to be made on a regular basis.
- There is no maximum balance limit.
Managing your account
- You can manage your account on our mobile app, online or by telephone.
- You can pay money into your account at one of our cash deposit machines.
To open a savings account, you need to have a current account with us. You also need to be aged 16 or over and reside in an eligible country. To set up and maintain your banking with NatWest International, you must keep a minimum balance of £25,000 with us (or the equivalent in another currency).
Can I withdraw money?
Yes, Instant Saver is an instant access savings account so you can withdraw your money at any time without giving notice.
You can withdraw money:
- in branch.
- by transfer to an account held with us or another bank (online, by telephone or on the mobile app).
- up to £250 per day at a cash machine.
There are daily limits on the amount you can transfer from your account online, by telephone or mobile banking. You can check our current daily limits and how to withdraw more than them can be found in our support centre or by contacting telephone banking.
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. Per annum (per year).
Compound interest is interest that is paid on your original savings deposit plus any interest you’ve already earned.
How to apply
Before you apply for an Instant Saver account, we’d like to meet with you to better understand your banking needs. Please review the eligibility, important information, and how your information is used to make sure this account is right for you.
Who is eligible to apply?
You can apply for an Instant Saver account if you:
- are aged 16 or over and reside in an eligible country.
- have a NatWest International current account.
To set up and maintain your banking with NatWest International, you must keep a minimum balance of £25,000 with us (or the equivalent in another currency).
If you're resident in the Channel Islands, Isle of Man or Gibraltar, please visit our Personal Banking section.
Please review our important information
If you continue to request a call back, you’re confirming that you’ve been provided with and have acknowledged our important documents. By proceeding with your application you also agree that you’ll receive your statements in a paperless format. We'll email you when your statements are ready to view in online banking.
The NatWest International Personal Banking Account Terms and Fees booklet includes details of general terms, account specific terms and account fees.
Under the scheme(s) customers are entitled to make only one claim per licensed entity regardless of the number of brands or trading names contained within that licensed entity and customers are entitled to make one claim only per licensed entity in the jurisdiction where the deposits are held.
Therefore as NatWest International brand is operated by RBS International it is not licensed in its own right. A person with a deposit in NatWest International and a deposit in RBS International would thus only be entitled to make one claim.
Jersey Banking Depositor Compensation Scheme
NatWest International is a participant in the Jersey Bank Depositors Compensation Scheme. The Scheme offers protection for eligible deposits of up to £50,000. The maximum total amount of compensation is capped at £100,000,000 in any 5 year period.
Full details of the Scheme and banking groups covered are available on the Government of Jersey website www.gov.je/dcs or on request.
Guernsey Banking Deposit Compensation Scheme
NatWest International is a participant in the Guernsey Banking Deposit Compensation Scheme. The scheme offers protection for ‘qualifying deposits’ up to £50,000, subject to certain limitations. The maximum total amount of compensation is capped at £100,000,000 in any 5 year period.
Details are available from: Website www.dcs.gg. Telephone: +44 (0)1481 722756. Post: P.O. Box 380, St Peter Port, GY1 3FY.
Deposits made in a Guernsey Branch will not be covered by any equivalent scheme in any jurisdiction outside of the Bailiwick of Guernsey.
Isle of Man Depositors’ Compensation Scheme
NatWest International is a member of the Isle of Man Depositors’ Compensation Scheme (DCS) as set out in the Depositors Compensation Scheme Regulations 2010.
To understand your eligibility under the scheme you may wish to visit the Isle of Man Financial Services Authority website.
Gibraltar Deposit Guarantee Scheme
The Royal Bank of Scotland International Limited trading as NatWest International is covered by the Gibraltar Deposit Guarantee Scheme (‘GDGS’). The GDGS can pay compensation to depositors if a credit institution is unable to meet its financial obligations. Ordinarily, most depositors – including individuals, corporations and small businesses – can claim back up to EUR 100,000 of their deposits (or EUR 100,000 for each eligible account holder if it’s a joint account). However, there are important exclusions which apply to certain depositors, which are set out on the website of the GDGS.
For further information about the compensation provided by the GDGS refer to: www.gdgb.gi.
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.