Royal Bank of Scotland review
3.3Est. 1727
Royal Bank of Scotland (now NatWest Group) offers international payments for UK account holders. Higher costs than specialist transfer services.
Countries
200+
Currencies
25+
Speed
2-5 business days
Fees
£15-£25 per international payment
Royal Bank of Scotland overview
Founded in 1727 and based in Edinburgh, UK, Royal Bank of Scotland is a high-street bank. Royal Bank of Scotland's regulators: FCA, PRA.
Across the 17 corridors we track for Royal Bank of Scotland, its median rate sits 2.24% from mid-market — compare that with the 2.5% - 4% above mid-market it publishes.
Pros
- Trusted UK bank with long history
- Send from existing account
- Part of NatWest Group
Cons
- High transfer fees (£15-£25)
- Poor exchange rate markup
- Slower than specialist providers
Royal Bank of Scotland features
Online banking
Mobile app
Branch support
Royal Bank of Scotland transfer details
HeadquartersEdinburgh, UK
RegulatedYes
RegulatorsFCA, PRA
Min Transfer$1
Max Transfer$25,000
Payment MethodsBank Transfer
Delivery MethodsBank Deposit
Exchange Rate Markup2.5% - 4% above mid-market
Published by Royal Bank of Scotland. Not measured by us; Royal Bank of Scotland’s limits and methods vary by country.
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