Tell me moreCurrent account options
- Extra benefit current accounts
- Standard accounts
- Student current account
- Graduate current account
- Bank accounts for young people
Useful information
Current account charges
Useful information
There are a number of services available to you. The most common of these are listed with their costs. These charges are in respect of personal banking. Also listed are services which we may have to perform for you.
| Additional Services | |
|---|---|
| Providing a balance or interest certificate | No charge |
| Cashing a cheque issued on us | No charge |
| Cashing a cheque issued on other banks | £5 (some exceptions apply) |
| Applies to non-Royal Bank of Scotland customers only. | |
| Issuing a UK bank draft (sterling) | £10 |
| A special form of cheque that we can issue you which guarantees payment | |
| Stopping a cheque | £10 |
| When you wish to cancel a cheque that you have issued (but we will not charge you for cancelling lost or stolen cheques) | |
| Special presentation of a cheque | £15 |
| A cheque made payable to you can be specially presented by post to confirm quickly (generally the following day) that it will be paid | |
| Charge for court orders/legal processes served on the Bank brought on by a 3rd party against a customer (Scotland only) | £25 (minimum) |
| For example, when a court order brought about by a third party against you, forces us to freeze your account. | |
| Same day electronic transfer | £20 |
| We can arrange same day electronic transfer of funds (CHAPS) between bank accounts in the UK | |
| Providing copies of paid cheques | £5 for each cheque (maximum of £150) |
| This charge also applies to providing details of paid cheques. | |
| Providing copies of statements | £5 for each request |
| When you require a copy of a previously issued statement. | |
| Replacing lost or damaged cards | £5 |
| Return of dividend counterfoils | £2 for each mailing |
| When we are required to forward dividend counterfoils you. | |
| Details of Maestro payments | £5 for each item |
| On your request, we can provide documentation of Maestro (formerly Switch) payments | |
| Bankers reference | £10 for each request |
| When a third party requests our opinion on your financial status. | |
| Emergency Cash Service | Any fees payable will be advised at the time. |
| When we allow you to withdraw cash from an ATM after reporting your card lost or stolen. | |
| Personalised Card for Revolve Account | £5 |
| Unarranged overdraft and unpaid items - charges | |
|---|---|
| To arrange a personal overdraft | Up to £15,000 free £15,000 or over 2% of amount |
| To renew an overdraft at existing level | Up to £15,000 free £15,000 or over 1% of amount |
| Fee type | When charged | Fee amount |
|---|---|---|
| Maintenance Charge | ||
| If your account becomes overdrawn without prior arrangement or any arranged overdraft limit is exceeded, you will be liable for a monthly Maintenance Charge. The Maintenance Charge will be applied if you have an unarranged overdraft at any time during a monthly charging period. The charging period normally ends on the date that we send your statement to you. | 16 days after the end of the charging period (or the next business day if this is a Saturday, Sunday or Bank Holiday). | £28 (£10 for R21**, Student Royalties, and Graduate Royalties) |
| Paid Referral Fee | ||
| A Paid Referral Fee will be payable if: you informally request an overdraft by issuing instructions for a withdrawal or other payment on your account; and the payment cannot be met from the funds in your account or any unused arranged overdraft facility; and an unarranged overdraft is created or increased because we decide we are willing to accept your request. | On the sixth business day of the calendar month after the calendar month in which the transaction(s) took place. | £30 for each day on which a Paid Referral occurs (subject to a maximum of £90 in any calendar month) |
| Guaranteed Card Payment Fee | ||
| A Guaranteed Card Payment Fee will be payable if: you informally request an overdraft by issuing instructions for a withdrawal or other payment on your account; and the payment cannot be met from the funds in your account or any unused arranged overdraft facility; and we decide we are not willing to accept your request but nonetheless accept it because we find that you have guaranteed payment by the use of a cheque guarantee card or debit card. | At the time the transaction is paid or taken from your account. | £35 for each transaction |
| Unpaid Item Fee | ||
| An Unpaid Item Fee will be payable if: you informally request an overdraft by issuing instructions for a withdrawal or other payment; and the payment cannot be met from the funds in your account or any unused arranged overdraft facility; and we decide in our discretion not to make the payment. | At the time we decide not to make the payment. | £38 for each item (subject to a maximum of £114 per day) |
| Making an informal request for an overdraft means that you will have to pay a Paid Referral Fee, a Guaranteed Card Payment Fee or an Unpaid Item Fee. If an unarranged overdraft arises, you will also have to pay the Maintenance Charge and interest on the amount overdrawn. However, we will not charge interest on any part of the overdrawn balance which represents either (i) a Default Notice Fee or other sum (apart from interest) you must pay us in connection with a breach of your obligations under your agreement with us; or (ii) a Maintenance Charge, Paid Referral Fee, Guaranteed Card Payment Fee or Unpaid Item Fee. | ||
| Enforcement | ||
| A Default Notice Fee will be payable if we need to serve a default notice on you (for example, if you fail to repay your overdraft on demand or we wish to enforce any security we hold). This is in addition to any other charges that may apply. | Within four days of the Default Notice being served. | £30 per notice |
** R21 Account is not available to new customers