NatWest vs Santander UK: what each publishes
As of October 17, 2026, NatWest takes these industries by its own published rules: iGaming, with conditions; Adult, with conditions. We hold no such rule from Santander UK.
Not a ranking: the two names are in alphabetical order. The free check applies every provider’s rules to your own answers.
Where it takes companies from
Policy by industry
| Industry | NatWest | Santander UK |
|---|---|---|
| iGaming | With conditions | No published rule |
| Adult | With conditions | No published rule |
| Crypto | No published rule | No |
| Unlicensed financial services | No published rule | No |
| AI and SaaS | No published rule | No published rule |
| Forex and CFD | No published rule | No published rule |
| Marketplace | No published rule | No published rule |
Where owners must live
Santander UK
have a maximum of two directors, owners (shareholders) or partners who are 18 or over and live in the UK.
Rules about countries
NatWest
No published rule
Santander UK
No published rule
Fees
NatWest
| Plan | Account opening | Monthly | Checked |
|---|---|---|---|
| Business Current Account (Standard Tariff) | Not stated | None ('Benefit from our Standard Tariff with no minimum monthly charge.'); each transaction is charged under the Standard Tariff | · Source |
| Start-up account (trading under 1 year, turnover under £1m) | Not stated | None ('Free banking on everyday transactions for the first 2 years'), then the Standard Tariff 'with no minimum monthly charge' | · Source |
Santander UK
| Plan | Account opening | Monthly | Checked |
|---|---|---|---|
| Business Current Account Classic | Not stated | GBP 9.99 a month; none for the first 12 months for start-ups and switchers; cash, cheque, CHAPS and foreign currency transactions are charged | · Source |
Closing an account
NatWest
We can close your account by: • giving you at least 90 days’ notice; and • telling you our reason for closing your account.
Santander UK
If we want to close your account or end this agreement, we'll normally give you notice and explain the reasons for our decision before we do this. We'll give you 90 days' notice if your account is a payment account.
Licence
| Licensee | NatWest | Santander UK |
|---|---|---|
| Licensee | National Westminster Bank Public Limited Company (NatWest) · bank authorised by the PRA and regulated by the FCA and the PRA (FRN 121878) | Santander UK plc · bank authorised by the PRA and regulated by the FCA and the PRA (FRN 106054) |
| Regulator | FCA / PRA · | FCA / PRA · |