BizSugar.com › Finance › RBS Incentivised Switching Scheme kicks off with 9 challenger banks

SME customers of the RBS business unit previously described as Williams & Glyn are being incentivised to switch. Target RBS SME customers are now able to switch their business current accounts and loans to ‘challenger’ institutions. In addition, a further £75m is being set aside within RBS to cover certain customers’ switching costs.

#Currentaccountswitching, #BankingCompetitionRemedies #BCR