National Westminster Bank, commonly known as NatWest, is a large retail and commercial bank in the United Kingdom. It was established in 1968 by the merger of National Provincial Bank (established 1833 as National Provincial Bank of England) and Westminster Bank (established 1834 as London County and Westminster Bank). Since 2000 it has been part of the Royal Bank of Scotland Group. Following “ring-fencing” of the Group’s core domestic business, the bank is a direct subsidiary of NatWest Holdings. NatWest Markets comprises its investment banking arm.
Traditionally considered one of the Big Four clearing banks, it has a large network of over 960 branches and 3,400 cash machines across Great Britain and offers 24-hour Actionline telephone and online banking services. Today it has more than 7.5 million personal customers and 850,000 small business accounts. In Ireland it operates through its Ulster Bank subsidiary.
In 2017, NatWest was awarded ‘Best Banking App’ in the British Bank Awards.