RBS and NatWest are refunding tens of thousands of customers who were wrongly charged interest on student overdrafts over a 14-year period. The bank currently offers students interest-free overdrafts and often customers are offered the option of raising their limit mid-way through their course.
Natwest
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RBS weighs shock NatWest spin-off in bid to save W&G project The Sunday Telegraph has reported that the Royal Bank of Scotland has begun drawing up alternative ways to finally separate Williams & Glyn, with a possible option involving NatWest being hived off too.
Lloyd Cochrane, head of mortgages and protection for RBS and NatWest The Royal Bank of Scotland (RBS) and NatWest will begin offering interest-only mortgages to its wealthiest customers again later this month, the banks announced this week.