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How to Make a Resource Breakdown Structure (RBS)
There are many aspects to planning a project. They tend to revolve around the triple constraint of time, cost and scope. One such orbit is resources. Resources can be impacted by all three of those constraints and therefore require a method to control them—sometimes even a resource management software.
“Resources” is a broad term, of course, and speaks to not only materials and equipment used in a project, but the human resources. In fact, those people who make up your project team are in many ways the most important resource. They are, after all, the ones who will execute the project and chaperon it from start to finish.
In project management, the resource breakdown structure (RBS) is a tool to help with planning and controlling project work. Think of it as a work breakdown structure (WBS) for your resources, because that’s what it is, and it’s just as valuable. Using resource planning software can help you organize, schedule and manage your resources after you’ve made your RBS.
What Is a Resource Breakdown Structure?
A resource breakdown structure is a list of the resources that will be required to execute your project. The list is broken down by function and type, and at the very least will cover the people needed to complete a project successfully. However, at its most thorough, it will include anything you spend money on for the project, such as people, project management tools , equipment, materials, even fees and licenses.
A resource breakdown structure is more than just a list, however: it’s a hierarchical chart that is used to help project managers organize resources and create a resource plan. A RBS will inform the budget, as a thorough listing of resources will make it easier to estimate what a project will cost. It’s a means to stay within budget rather than spend erratically.
Who Makes a Resource Breakdown Structure?
A project manager is the person on the project team who is responsible for using the resource breakdown structure, though they will usually seek input from others on the team. It allows them to identify how many resources they need, breaking the project down to the task level and the resources needed for each one. This will create an understanding of the scope of the project.
When Is It Made?
It is during the planning stage of a project that the project manager will use an RBS. It can be used for any number of resource types, such as customer support, when determining the kind of customer for the project, what facilities are needed, equipment, software tools, etc.
What Are Its Benefits?
One of the benefits of using an RBS is that it helps better organize resources and clearly aligns those resources with the overall goals and objectives of the organization. It also provides a quick visual reference on resource allocation and workload, as well as individual resources and assignments.
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Resource Planning Template
Use this free Resource Planning Template for Excel to manage your projects better.
How to Make a Resource Breakdown Structure
In terms of format, the RBS is like the WBS and requires an estimation of which resources will be needed for each task in the project. Therefore, the task list is essential for collecting the necessary resources.
But a project manager will naturally seek input from a wide variety of sources; these include the schedule, risk register , cost estimates and other organizational processes. This allows a project manager to fully gather all the resources that will be needed to execute the project.
The RBS is usually created as a tree diagram. At the top is the project’s final deliverable, the breakdown of resources, each in an individual branch below the overall project heading. These branches are the resource types, such as the site where the project is taking place, the equipment being used and the team that’s executing the project.
A spreadsheet can also be used to create a horizontal breakdown of resources. It will start with the resource number on the left and move across the spreadsheet to detail the resource categories and types, quantity and notes.
Resource Breakdown Structure Example
In order to get a different view of what an RBS is, let’s take a look at a simple, real-life example. We’re making a bridge. There is a site, naturally, that the bridge will traverse. But large pieces of the bridge will be built elsewhere and then assembled on site.
Therefore, we have the facility where the manufacturing is taking place, but also meeting and conference rooms. There will also be an engineering department where the plans are made out and an on-site makeshift office for the construction foreman and workers.
Next is our equipment list. That’ll include heavy equipment, such as tractors, cranes, backhoes, excavators, and light equipment, such as welders, light towers, hand-held tools and wheelbarrows.
Software is another resource that will mostly be used during the design phase, but there is likely to be resource management software to facilitate the planning, monitoring and reporting on the project at large.
Finally, but perhaps most importantly, you’ll want to detail your human resources. For bridge building, this will include designers, engineers and construction crew.
This is a bare-bones version of an RBS, but it serves to put some meat on the idea and bring it to life in a way that an abstract definition might not. If you’re more of a visual-type learner, we’ve built an illustration to further illuminate the idea.
This resource planning template helps you gather important information about the human resources that you’ll need to execute a project. List your team members, the tasks they’re assigned to and the estimated time it will take to complete their work. Then, you can enter an hourly rate for each of your employees so you can estimate your project costs. This helps you turn your RBS into a resource plan or a resource schedule.
ProjectManager and Resource Management
Breaking down your resource is only the start of managing resources in your project. ProjectManager helps you further control resources in your project with our resource management software to further help manage time and money.
Map Your Resources on the Gantt Chart
The first step to making an RBS is to understand the tasks required for a successful project. Online Gantt charts map tasks into phases, create dependencies and schedule resources across a project timeline. This helps you understand exactly which resources you need to identify in your resource breakdown structure.
Once they are identified, tasks can be assigned from the Gantt view, as well as being able to see the amount of hours each team member has spent working on that task. You can see at a glance if team members are overallocated or under-allocated to keep your resource balanced.
Track Your Team’s Work
With our team management tools, you can identify your human resources and categorize teams as well as supplies and equipment. The hourly rates of team members are visible across the whole software and as teams log their hours, the real cost is calculated and compared against the planned cost. This keeps project managers in control of costs and in line with their budgets.
Online Software Offers Real-Time Resource Management
Because we’re a cloud-based software, you get the most current data on our real-time dashboard to help you plan projects, schedule resources, balance workload and reassign tasks as needed. We provide transparency into your resources in real time during the execution of the project to help you track them with accuracy.
ProjectManager is a cloud-based project management software that controls every aspect of your resources and your projects. From planning to monitoring and reporting, we have the features that project managers want and the collaborative platform that gives teams the autonomy to get their work done more productively. See how it can help you by taking this free 30-day trial.
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RBS Business Account Review: Pros, Cons & Features
Many or all of the products and brands we promote and feature including our ‘Partner Spotlights’ are from our partners who compensate us. However, this does not influence our editorial opinion found in articles, reviews and our ‘Best’ tables. Our opinion is our own. Read more on our methodology here .
RBS is a traditional high-street bank offering three types of business bank account. All three accounts follow a ‘pay as you go’ system rather than charging a fixed monthly fee. This may suit your business if you do not make payments frequently.
The Start-Up Account is also transaction fee-free for the first 24 months, meaning it could be a good entry point to business banking as a new organisation.
However, unless you are an existing RBS personal or business customer, you won’t be able to open an RBS account in England, Wales or Northern Ireland, but instead be directed to NatWest (for customers in England and Wales) and Ulster Bank (for customers in Northern Ireland).
RBS Start Up Business Account
NerdWallet UK
- Available to eligible customers over 18, who have the right to be self employed in the UK
- This ‘Startup business account’ is available for businesses that have been trading for less than 1 year and have a projected or existing annual turnover of less than £1m
With an RBS business account, you only pay for what you use instead of facing a flat monthly fee. An account for start ups is available, which charges no fees on everyday transactions for the first 24 months. It gives free access to FreeAgent accounting software as well as borrowing options.
For more details, see NerdWallet’s RBS business account review .
RBS key features:
- Introductory offer: Start ups can enjoy two years of no transaction fees.
- Borrowing: Business overdrafts, credit cards or loans are available to RBS business customers.
- Perks: Extras include free access to FreeAgent accounting software and you may be eligible for help from a dedicated relationship manager.
- FSCS protection: Eligible deposits up to £85,000 are protected by the Financial Services Compensation Scheme (FSCS).
- There are no monthly charges and start-up customers can avoid everyday transaction fees for the first two years due to an introductory offer.
- Accounts are opened quickly, with 77% of RBS customers getting up and running on the day they apply.
- Customers can manage their money at a branch, over the phone, online and via the app.
- RBS accounts are generally for customers in Scotland. If you are in England or Wales, you may be directed to open a NatWest account instead, while people in Northern Ireland are likely to be steered towards Ulster Bank.
- Although the introductory fee-free period lasts for a long time, RBS business customers will then have to pay for most transactions.
This product may be one of a range offered by this provider. Always check terms & conditions for suitability before applying.
Learn more about how we bring you our review.
Key Features
- No monthly fees You are not charged a monthly fee to keep your RBS business account open.
- FSCS protection Your eligible deposits, up to £85,000, are protected by the Financial Services Compensation Scheme (FSCS).
- 24/7 customer service You can contact RBS via web chat or ring the RBS call centre at any time to make basic business banking enquiries.
- Overdraft and credit facilities RBS offers business overdrafts, credit cards and loans.
Pros and cons of RBS Business Banking
- All three RBS business accounts are free – there is no minimum monthly charge for keeping an account open.
- There are no transaction fees for the first 24 months when using a Start-Up Account.
- RBS claims that 80% of its customers open their business account on the same day as their application.
- RBS call centres are open 24/7 for basic banking enquiries.
- Eligible deposits of up to £85,000 are protected by the Financial Services Compensation Scheme (FSCS).
- You can manage your account in a branch, over the phone, online and via the app.
- RBS is less well-suited to a business based in England or Wales, as unless you have an existing RBS business or personal account, you will be directed to open a NatWest account instead. Businesses in Northern Ireland, meanwhile, are directed to open an account with Ulster Bank.
- The RBS Start-Up Account – which offers 24 months’ fee-free banking – is only available to businesses that have been trading for less than a year, and have a turnover of less than £1 million.
The pros and cons featured here are chosen by us based on a combination of our expert, research-based opinions and an exclusive survey of UK business owners and decision makers. The survey was conducted on behalf of NerdWallet UK in December 2022 to identify the business bank account features that people feel are most important. They are unlikely to be the only product features and restrictions that you should consider. Pros and cons are subjective and you should align them to your own personal and business circumstances. Information was correct at the time of publication but may have changed since.
RBS business account full review
The Royal Bank of Scotland (RBS) was originally founded in Edinburgh in 1727, and now forms part of the NatWest Group PLC, which also includes NatWest and Ulster Bank. It offers a service online, via its app and at its branches to personal and business customers.
Looking at business banking in particular, RBS offers three different types of business bank accounts to suit start ups, established businesses, and charities and other not-for-profit organisations.
Start-Up Account
Royal Bank of Scotland’s Start-Up Account is for businesses that have been trading for less than a year, and have turnover of less than £1 million.
It comes with no monthly fee and no transaction fees for the first 24 months. Once that period has elapsed, you will be charged per transaction.
You can also apply for an arranged overdraft, use FreeAgent accounting software at no cost, and access Tyl to take payments online.
Business Account
The standard RBS Business Account is available for businesses who have a turnover over £1 million and have been trading for under or over a year, alongside businesses who have turnover of less than £1 million but have been trading for over a year.
It is a pay-as-you-go account – this means that, while you will not pay a monthly fee to keep the account open, you will pay for each transaction you make.
It also comes with free accounting software FreeAgent, the option to subscribe to Tyl for online payments, the support of a dedicated relationship manager (if eligible), and the ability to apply for an overdraft.
Community Account
If you are a charity or not-for-profit organisation, and someone on your application already has an RBS business or personal account, you can apply for a Community Account.
If your organisation’s annual credit turnover is less than £100,000, you can apply for free banking. If it is over £100,000, then you will pay per transaction at RBS’s standard tariff rates.
The Community Account also comes with free access to FreeAgent accounting software.
RBS business account features: at a glance
Business account | Community Account | ||
---|---|---|---|
Monthly fee | Free | Free | Free |
Transaction fees | No, for the first 24 months. Yes, once the opening offer has elapsed. | Yes | No, if your turnover across accounts doesn’t go over £100,000. Yes, if turnover crosses £100,000. |
Account management | Online, via an app, in a branch and over the phone | Online, via an app, in a branch and over the phone | Online, via an app, in a branch and over the phone |
FSCS protection | Yes | Yes | Yes |
Set-up time | Same day | Same day | Same day |
Cash deposits | Yes (70p per £100 outside free period) | Yes (70p per £100) | Yes (70p per £100 if not eligible for free banking) |
Cheques | Yes (70p per item outside free period) | Yes (70p per item) | Yes (70p per item if not eligible for free banking) |
Access to other banking services | Yes | Yes | Yes |
International payments | Yes | Yes | Yes |
Customer services | 0345 600 2230 (24/7) 24/7 secure messaging (digital banking and mobile app) RBS business WhatsApp | 0345 600 2230 (24/7) 24/7 secure messaging (digital banking and mobile app) RBS business WhatsApp | 0345 600 2230 (24/7) 24/7 secure messaging (digital banking and mobile app) RBS business WhatsApp |
Multiple user access | Yes | Yes | Yes |
Create and send invoices | Yes | Yes | Yes |
Integration with accounting software tools | Yes (FreeAgent) | Yes (FreeAgent) | Yes (FreeAgent) |
Where RBS business account stands out
Account perks: RBS accounts come with a variety of benefits, including free access to FreeAgent accounting software, the option to take online payments via Tyl, and the possibility for a dedicated relationship manager.
No monthly fees: Regardless of whether you open an RBS Start-Up Account, Business Account or Community, you will not pay a monthly fee to keep it open.
FSCS protection: Eligible deposits, worth up to £85,000 across all your business banking accounts, will be protected by the Financial Services Compensation Scheme (FSCS). This is in addition to the £85,000 that you may hold in any personal accounts with RBS. However, if you are a sole trader, this £85,000 limit is the total sum across all of your RBS current and savings accounts, not just your business account. This includes brands owned by RBS, such as the Virgin One and NatWest One accounts.
Quick set-up: RBS claims that 83% of business current account customers can access their account on the same day as their initial application.
24/7 customer support: You can contact RBS via web chat or ring an RBS call centre to make basic banking enquiries 24 hours a day, seven days a week.
Access to overdraft and credit facilities: If eligible, you can apply for a business overdraft, credit card and loan through your RBS business account.
Sole traders, limited companies, LLPs and charities: Not only are RBS business accounts available to sole traders, limited companies, and limited liability partnerships, they are also available to a range of charities and not-for-profit organisations. This includes clubs, societies, places of worship, and non-personal trusts.
Where RBS business account falls short
Access in England, Wales and Northern Ireland: Unless you have an existing RBS personal or business account, if you are based in England or Wales, RBS will direct you to open a NatWest account instead.
If you are based in Northern Ireland, meanwhile, you will be prompted to open an account with Ulster Bank.
Transactions: Unless you are within the 24-month free banking period with your Start-Up Account, or are a business with a Community Account and turnover of less than £100,000, you will pay for every transaction you make with RBS. This means it might not be suitable if you make a high volume of transactions.
Customer reviews: While RBS has strong reviews for its mobile app, it has a ‘Bad’ overall rating on Trustpilot. These reviews are for RBS as a whole, not just its business services.
RBS business account customer reviews
RBS business customers have left reviews on a number of different platforms. These reviews vary greatly, from bad to very good.
It is important to note that the following reviews are from RBS customers overall, not just the bank’s business customers:
- App Store: 4.8 out of 5, based on over 105,000 reviews
- Google Play: 4.3 out of 5, based on over 80,000 Creviews
- Trustpilot: 1.3 out of 5, based on over 800 reviews
This information is correct as of 17 January 2024.
RBS business account eligibility
To be eligible for an RBS business account, you will need to:
- be over the age of 18
- have the right to be self-employed in the UK
- be based in Scotland, England or Wales
- have an existing RBS account (if based in England or Wales)
- have not declared bankruptcy, or received a county court judgment (CCJ) or court decree
There are then specific requirements for each business account type:
- Start-Up Account: You must have been trading for less than one year, and have a turnover of less than £1 million.
- Business Account: You must have a turnover greater than £1 million and have been trading for under or over a year; or have a turnover of less than £1 million, and have been trading over a year.
- Community Account: One of the named applicants will need to be an existing RBS business or personal account customer. You will only be eligible for free banking if your annual credit turnover is less than £100,000.
How to apply for a RBS business account
To apply for a RBS business account, you will need to take the following steps:
- Select the RBS business account you want to apply for.
- Submit an application form online or in a branch.
- Provide RBS with the documents and information it requires, including your trading name, personal and business addresses, cash-flow forecasts, and countries you are registered in for tax purposes.
- Wait to hear back from RBS.
Review methodology
At NerdWallet UK, we base our reviews and our ‘Best’ pages on the results of surveys we undertook about what was important to people who use these products. This allows us to look at products impartially of any commercial arrangements we have and fairly rate the products on the same set of criteria. Best means our ‘Best’ and is based only on what products we have aligned to our surveys, which form the basis of our reviews and ratings. This means that there will be other products on the market that we have not included in our ‘Best’ pages. Best does not mean it’s best for you, nor does it mean the ‘cheapest’. Our reviews may display lenders’ rates. This additional information has not been included in our evaluations but is still very important when choosing a product. Rates offered can depend on circumstances, amount and term. Always check details before proceeding with any financial product. Product details reflect the information that was available at that time but may have changed since. We strive to give you a review on as many products as possible, but there will be products not included on the market. The review is our opinion, but it does not constitute advice, recommendation or suitability for your financial circumstances. While we try to provide you with accurate information, the providers can change the terms of their products at any time, therefore it is advisable to check the terms before you proceed. You can view our full review methodology here .
About the Authors
Kristina was a writer at NerdWallet who focused on writing finance content for small businesses, as well as young people and students. A recent graduate trading French for finance, she…
Duncan Ferris is a business writer with expertise in pensions, investing and personal finance. Though he began his career as a pensions industry professional, he transitioned to journalism in 2017.…
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Removing barriers to enterprise
As the largest supporter of UK business, we already offer a wide range of support to those who want to start a new business. But we also know that for many, it remains harder than it should be. We are committed to helping create an additional 50,000 new businesses across the UK by 2023, through inspiring and supporting over 500,000 people to consider enterprise as a career option. The focus will be on underrepresented populations, with women making up at least 60% of those we support and more than 20% being Black, Asian, Minority Ethnic-led businesses. We will also make sure that more than 75% of people are based outside London and the South East, and that 10% of those inspired and supported will be social purpose-led. By helping to tackle the barriers to starting a business, there will be more opportunities to help companies grow.
Advancing female entrepreneurship
In March 2019, the Rose Review into Female Entrepreneurship was launched by RBS CEO Alison Rose. The Review made a series of recommendations to help remove barriers facing women who want to start a business. At the time of the launch we committed to helping create an additional 65,000 new female-led businesses by 2025.
To help more women get to the business starting line, in March we launched Back Her Business, the first female-only crowdfunding programme that supports would-be entrepreneurs across the UK. So far 4,631 women have been supported and inspired to consider enterprise as a career option. 510 new female-led businesses have been started, 454 female-owned projects have successfully crowdfunded, and we have gifted £573,333 towards these projects.
In July, NatWest and Royal Bank of Scotland were founding signatories of the Investing in Women Code which has since been signed by a total of 22 major banks and investment firms.
In September, the bank’s Experts in Residence programme was rolled out in partnership with 38 Local Enterprise Partnerships (LEP). As part of this programme, each of the LEPs will benefit from a local NatWest expert spending up to 10 hours per week in each LEP during which time they will be sharing advice and hosting events with local enterprises with a focus on supporting female business leaders.
The bank’s Women in Business programme has been running for nearly 15 years. We currently have over 600 independently accredited Women in Business specialists who provide mentoring and financial guidance, as well as support to female entrepreneurs. In 2019, more than 300 business support events were held. Through October 2019, £136m in new lending was enabled through the Women in Business programme which was an 8% increase on the previous year.
Supporting entrepreneurship
At the heart of our support for entrepreneurs is our Entrepreneur Accelerator, a comprehensive programme of free mentoring, insight and bespoke coaching, specifically designed to meet the needs of entrepreneurs who want to grow and scale their business. We provide entrepreneurs with full wrap around care, connectivity and know-how that aims to help them make the most of their potential, and deal with any challenge they could face in the challenging initial phases of growth.
In November 2019 the programme was formally endorsed by the Scale Up Institute, a not for profit organisation which aims to make the UK the best place in the world for SMEs to scale up. This is a ringing endorsement that reflects the UK entrepreneurship community’s belief in our programme.
This year we launched our NextLevel proposition for the top 100 businesses on the core Accelerator. This programme provides them with an intensive level of 1-2-1 coaching, peer to peer learning, access to a broader network, private ecosystem events and an enhanced mentoring network. These businesses have an average turnover of £561,178, an average team size of 11 (with the largest business having 43 employees) and have benefitted from more than 900 introductions.
Supporting scale-ups is at the heart of our hub-based Accelerator programme, and we launched a digital-led Pre-Accelerator for early stage start-ups and established SMEs wanting to grow during the last quarter of 2018. In addition to supporting entrepreneurs not yet ready for the core Accelerator, the Pre-Accelerator has enabled us to support thousands of entrepreneurs in locations where we don’t have hubs – through its multiple modules focused on growth mindset, how to craft the perfect pitch, how to write a business plan, customer discovery and validation.
We have had significant impact across all of our Accelerator programmes in 2019:
- 12,127 – total entrepreneurs through our core Accelerator programme, Pre-Accelerator and Entrepreneur Taster workshops
- 1,000 – jobs created by businesses participating in Natwest's Entrepreneur Accelerator programme (*)
- 43% - female entrepreneurs supported across all of our Accelerator programmes
- £123m – total turnover of the businesses supported through our core Accelerator proposition
- £70.2m – investment raised by the businesses participating in the core Accelerator (investments include grants, investment and debt raised)
- 79 NPS – Blended Net Promoter Score across all Accelerator events
The Prince's Trust Enterprise Programme
We are one of The Trust’s longest standing corporate supporters. The bank has maintained a UK-wide partnership with The Trust for 19 years and has provided more than £23m of funding.
We are the largest corporate supporter of The Prince’s Trust Enterprise Programme. Our shared mission is to help young people to start up and succeed in business whatever their background. Together we are supporting the next generation of UK entrepreneurs by providing start-up help to 18 to 30-year-olds who are unemployed or working fewer than 16 hours a week.
The programme helps young people interested in self-employment to explore and test their business ideas through a four-day Explore Enterprise course. These budding young entrepreneurs can also access mentoring and last-resort funding – or get advice about alternative options in education, training, volunteering or work.
2019 highlights:
- 516 young people completed the Enterprise Programme
- 128 bank colleagues volunteered with The Trust, using their skills to deliver workshops, provide business mentoring or other support
Scottish EDGE Fund
Royal Bank of Scotland is one of the founding partners of Scottish EDGE, along with the Scottish Government and the Hunter Foundation, through which innovative entrepreneurs with high-growth potential compete to win grants and loans of up to £150,000. The Fund’s office is based at the Royal Bank of Scotland’s Kirkstane House office in Glasgow.
Since it started six years ago, EDGE has:
- Supported 395 individual businesses, awarded across the 15 completed rounds
- Awarded £15.7m
- Created 1,858 jobs
- Increased winners’ turnover levels by £151m when measured against their previous six-monthly trading periods
- Secured £123m of additional investment
Giving a Boost to help small businesses grow
In April 2016 we launched Boost, a programme which offers free advice to small businesses – regardless of whether they bank with us or not.
To deliver Boost, we have a team of 63 Business Growth Enablers who utilise their networks of local experts across different industries to provide training, mentoring and support to small businesses.
In 2019, our Business Growth Enablers:
- Ran more than 3,201 local events in conjunction with our partners, attended by more than 123,032 small businesses, on a variety of topics including cybersecurity, fraud, finance, tax and women in business
- Contributed £35.3m in new lending
- Have undertaken more than 664 hours of professional development training so far this year
Social & Community Capital
This year NatWest’s social lending charity, NatWest Social & Community Capital (S&CC) celebrated its 20th anniversary, delivering impact through lending across the UK to social enterprises who are unable to borrow from mainstream banks. In 2019, we approved 12 loans with a value of £2.3m and announced the launch in 2020 of seven £20,000 regional grants to celebrate our 20th year.
We’ve produced a series of customer case-study videos that are now on our website.
(*) Limited assurance provided by Ernst & Young LLP.
For more information about our new strategy and purpose please see the Strategic Report and supporting announcements .
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- File and submit federal and provincial taxes with ease.
- A fast, secure way to pay local and international vendors.
- Pay local and international vendors virtually in over 25 currencies.
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- Send and receive instant notifications on outstanding payments.
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Digital Banking
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Let's get going with Digital Banking
Digital Banking is available to customers who have a Royal Bank of Scotland business account. You can add up to 50 business accounts in Digital Banking. Explore your ways to bank . Mobile App available to customers with Digital Banking, compatible iOS and Android devices and a UK or international mobile number in specific countries.
Can we help you?
Manage your account
How to set up a standing order, manage signatories and other things you can do quickly and easily on your account.
Help logging in
We have a number of solutions to help you. Answer a few questions and we can help you get access again.
Support centre
Digital banking help, 24/7 messaging, and quick support with Cora, our digital assistant. Our support centre is there to help you.
How to apply for Digital Banking
You can do most everyday banking and related tasks online 24/7, wherever you are. This video shows you how to apply for Digital Banking and some key things to know, so we can get you online as soon as possible.
Video support hub
We’ve created step by step video tutorials to help you easily complete tasks when using the mobile app.
We put your safety and security first
Our secure banking promise.
- We'll refund any money paid out of your account by a fraudster, as long as you’ve kept your security information safe.
- We'll protect you 24/7 by monitoring your account and using the latest technology to keep you safe
- We'll help you protect yourself with tips on staying secure and free tools for extra protection
Remember to take sensible precautions
Keep your antivirus and firewall software up to date.
Use biometric approval to confirm it’s really you
You are your strongest password, so why not use your face or voice to approve your every day banking needs and keep your account even more secure.
Biometric Approval* using the mobile app gives you a handy alternative to a card reader.
*Biometric approval is available to eligible mobile app customers aged 16+
Authorise payments with peace of mind
Explore the different ways to securely authorise payments, as well as the payment types and features supported on Online Banking and the Mobile App; to help you make efficient payments for your business.
Have you received an unexpected call from us?
Fraudsters often target businesses by pretending to be us and may tell you there is a suspicious transaction on your account.
Remember, we’ll never ask you to disclose Digital Banking card reader codes or download screen sharing software. For more information, visit our security centre .
Message us anytime on WhatsApp
For help with your Business Banking queries, you can now chat with us securely on WhatsApp.
Get to know Digital Banking
Top Features
Digital Banking is secure, easy to use, convenient and gives you all the tools you need to manage your money online.
A few of our top features:
- View all your account balances
- Make payments to staff and suppliers
- Transfer money between your accounts
- Access up to seven years of statements
- Free security tools to keep you safe
- Add up to 50 accounts
- Video support tutorials
Getting Started
If you're a Royal Bank of Scotland customer and would like to use Digital Banking then you'll first need to register.
Once registered why not:
- Order a card reader
- Set up your regular payments
- Set up business alerts
- Set up a savings account
- Learn about our Mobile App
- Visit our security centre
Ready to make the most of Digital Banking?
New to Royal Bank?
Digital Banking is available to customers who have a Royal Bank account. To view our accounts, select one from the accounts menu.
Not registered for online
If you're a new customer or have not set up Digital Banking ever before then you will need to first register.
Already registered?
If you're new to Digital Banking then why not learn about some of the great features it has and how to make the most of it.
Compare online options
Mobile banking, apply for digital banking, sole trader.
- It only takes a few minutes to apply for Digital Banking and if you have a business debit card, you may get instant access to your accounts.
Not a sole trader
- Complete the online form with your personal and business details.
- Trust accounts- We are unable to provide Digital Banking for two to sign trust accounts or one to sign trust accounts where the trustee does not have the power to authorise transactions.
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A business plan is a written description of your company, your aspirations and ambitions, and the methods by which you can achieve your goals. Creating a business plan gives you a clearer understanding of what you need to do to reach your objectives. By producing a detailed business plan containing facts, figures, statistics and a summary of ...
RBS Business Plan Competition The 2023-2024 RBS Annual Business Plan Competition is up and running. This is a great opportunity to transform your business idea into reality. Get a chance to win total cash prizes worth $50,000.
Get your business idea off the ground with Royal Bank of Scotland Business. Think about your approach, business planning, market research and how you will make things happen.
See how Royal Bank of Scotland could help your business, from business bank accounts, business lending and other everyday banking services.
See what to include when writing a business plan and explore the benefits of having one.
A simple way to write a business plan is to use our business plan template (the RBC Business Plan Builder for new businesses or existing businesses. You can also read more about how to create a business plan.
Competition Deliverables. The Rutgers Business School Business Plan Competition has two deliverables: a one Page Executive Summary, which should convey the essence of your business plan in layman's terms and summarize the most important information contained in each section of the plan; and the Business Plan, which will describe what your ...
RBS Curriculum and Areas of Study The requirements for Rutgers Business School: Undergraduate-New Brunswick programs of study can be divided into three parts.
https://myrbs.business.rutgers.edu/case-competitions/business-plan | Rutgers Business School's annual business plan competition, sponsored by the Sales Execu...
A resource breakdown structure (RBS) is the first step to managing your project resources. Learn how to make an RBS and why it's important.
A business plan isn't set in stone; it's a 'living document' that can be updated to keep it relevant as your business grows. Experts often advise start-ups to 'stick to the business plan', but this doesn't mean that the plan itself shouldn't change. The environment in which your business operates is moving quickly, so plans must ...
The work breakdown structure is the project manager's greatest tool. Now discover the RBS, structuring risk information to help you understand the nature of risk on your project. A good RBS helps you achieve complete risk identification, appropriate response development, effective reporting and comparison of projects. This paper presents sample RBSs for different project types and industries ...
Read our review of the features of RBS business accounts, including pros, cons and key features.
Following ringfencing of the Group's core domestic business, the bank became a direct subsidiary of NatWest Holdings in 2019. NatWest Markets comprises the Group's investment banking arm. To give it legal form, the former RBS entity was renamed NatWest Markets in 2018; at the same time Adam and Company (which held a separate PRA banking licence) was renamed The Royal Bank of Scotland, with ...
Write your business plan Your business plan is the foundation of your business. Learn how to write a business plan quickly and efficiently with a business plan template.
The 2022-2023 RBS Annual Business Plan Competition is a great opportunity to transform your business idea into reality. Get a chance to win total cash prizes worth $50,000.
Learn and share experiences with experts in the net zero economy. You'll leave the programme with a carbon footprint and education plan filled with practical steps on how to cut costs and carbon. This programme is only available to Royal Bank business customers with a turnover of up to £25m. Join the programme.
To help more women get to the business starting line, in March we launched Back Her Business, the first female-only crowdfunding programme that supports would-be entrepreneurs across the UK. So far 4,631 women have been supported and inspired to consider enterprise as a career option. 510 new female-led businesses have been started, 454 female-owned projects have successfully crowdfunded, and ...
Learn how to plan and set up your own business. Find out what resources and support we can offer to help your business succeed.
Who is Eligible? You can compete in the Rutgers Business School Business Plan Competition as an individual or as a member of a team. Teams can have up to five members. If you are competing as an individual, you must be in one of the three eligible categories: Current Rutgers Business School Senior Current Rutgers Business School MBA Student Current Rutgers Business School Executive MBA Student ...
Explore a range of business accounts for your sole proprietorship, small business or corporation. Call or open your business account online today.
Digital Banking is available to customers who have a Royal Bank of Scotland business account. You can add up to 50 business accounts in Digital Banking. Explore your ways to bank. Mobile App available to customers with Digital Banking, compatible iOS and Android devices and a UK or international mobile number in specific countries. Latest Updates.
Case Competitions Case competitions are the premier platform by which business students around the world test their business acumen and agility. These competitions put critical success-differentiating proficiencies to the test, including the ability to lead teams, creatively solve business needs, and present innovative ideas to industry leaders.