Current Accounts - RBS
It’s easy to switch to RBS
Moving your banking to us is simple and hassle free. We'll do all the hard work for you and:
- Transfer your payments (Direct Debits, Standing Orders and Bill Payments) from your old account
- Transfer any credit balance from your old account
- Close your old account
All within 7 working days.
Protecting your money
Your eligible deposits with RBS are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK’s deposit protection scheme. This limit is applied to the total of any deposits you have with the following: The Royal Bank of Scotland, Direct Line, the One Account, Child & Co, Drummonds and Holt's. Any total deposits you hold above the £85,000 limit between these brands are unlikely to be covered.