RBS Telephone Banking Contact0843 557 3401
Some Reasons to Use The RBS Telephone Banking Number:
• If you’d like to open a bank account
• If you’d like to apply for a loan
• If you’d like to speak to a financial expert regarding investment options provided by the bank.
Why Choose RBS?
RBS, also known as the Royal Bank of Scotland has been one of the biggest financial services providers in the region, offering a range of customer centric banking services.
Some of the banking accounts you may apply for as a customer include personal banking, business banking, and corporate banking. RBS also provides banking services via digital, mobile and branch, as well as RBS Telephone Banking, making it easy for individuals to access the funds conveniently.
Background to RBS
RBS has its beginnings as a small bank in 1700 offering financial solutions to traders and individuals. Recently, the bank got its share of bad publicity back in 2009 when it reported the biggest loss of any bank in U.K history.
In 2012, the bank was able to offer more than 58 billion pounds as loans to British businesses. The bank currently also has a global presence, with a customer base of more than 33 million individuals.
The U.K government bought a stake in the company in 2008, making it a major player in the bank’s future. At the same time, RBS was the first bank in the U.K. to offer house purchase loans in 1972, targeting people who didn’t have viable products targeting them within building societies at that time. It also was the first bank in the U.K. to offer online banking back in 1997.
November 24th 2014
The chairman of the Royal Bank Of Scotland has apologised for misleading a parliamentary committee.
Sir Philip Hampton provided incorrect evidence about its Global Restructuring Group, a restructuring unit intended to help struggling businesses, which was criticised for being a ‘profit centre’. He said sorry yesterday for giving misleading information to MPs, describing it as an “honest mistake”.
The chair of the committee that was investigating the Royal Bank Of Scotland’s treatment of small and medium sized businesses said that the bank’s actions were “unacceptable”. He did, however, applaud the chairman for doing the right thing and apologising.
March 24th, 2014
The RBS Group, which includes NatWest, have suffered enormous losses. They are rumoured to be the biggest losses since the banking group were rescued by the Government during the economic collapse of 2008.
The bank’s pre-tax loss for the year was estimated to be around £8.2 billion. This is a sharp dip after the £5.2 loss in 2012. It has sent the RBS Group’s shares into free fall, closing down 7.7% at 326.6p. This has been the biggest fall in 18 months.
Toby Morris, senior sales trader at CMC Markets, said this about the RBS Group’s losses: “It’s another reminder that we’re six years on from the onset of this, and they’re still paying for it more than ever. We’re so far from being out of the other side of the tunnel with this stuff, it’s unbelievable.”
The RBS Group’s new boss Ross McEwan has taken action and decided to continue shrinking the banking group’s international and investment operations. He wants to simplify it and concentrate on just on the UK retail market. He claimed that the bank needs to get the “basics of everyday banking right”. This will include simpler retail products, cutting the time it takes to open an account and offering rewards to existing customers.
Despite the losses, the RBS Group have set aside £576 million for staff bonuses, of which almost half went to investment bankers. Ross McEwan has defended to decision to award bonuses, as he wants to keep hold of the most talented staff available, and not giving bonuses would see them retreat to other banks. Nick Clegg and the business secretary Vince Cable have criticised the decision. This is especially controversial as there are rumoured to be thousands of job cuts at the RBS Group over the coming year.
January 16th, 2014
NatWest and Royal Bank Of Scotland customers were left annoyed when they were unable to pay for fuel at Tesco stations in the New Year.
When they attempted to enter their pin number into the card reader to pay at the pump, they were told it was not accepted.
The problem did not extend to kiosks. However, many reported that after three failed attempts, their card was locked and could not be used until calling NatWest or Royal Bank Of Scotland.
An Royal Bank Of Scotland spokesperson insisted that it was was Tesco’s fault. Tesco said: “We are investigating reports of problems affecting some of our pay-at-the-pump services. We apologise to our customers for any inconvenience.”
This is not the first time Royal Bank Of Scotland and NatWest customers have been put-out by their banks. On December 2nd, the busiest shopping day of the day, millions of people were unable to make payments or withdraw cash. It’s estimated that 750,000 people were unable to access their finances. Just a few days later, NatWest was struck by a group of hackers causing the website to crash.
Number Direct is a telephone directory and call routing service and is not connected to RBS. The direct contact number for RBS can be found in the public domain or on their official website.