crypto friendly bank
NatWest Group
Headquarters: Edinburgh, United Kingdom • Founded: 1980
About NatWest Group
NatWest Group is ranked #40 in the list of largest global banks by assets under management. It serves retail and corporate clients worldwide, offering standard commercial banking, wealth management, and capital markets access. Regarding digital assets, its stance is crypto-friendly, offering integrations with major exchanges and custodians.
Regulations & Trust Profile
Banking License Type
commercial bank license
Licensed/Regulated By
United Kingdom Central Bank
MiCA Compliant (EU)
No / N/A
Deposit Insurance
United Kingdom Deposit Insurance (up to $100,000)
Supported Services & Assets
Fees & Pricing
Account Monthly Fee
$10/mo
Crypto Trading Fee
1.5%
Wire Transfer Fee
$15
Crypto Withdrawal Fee
$5
Pricing Notes: Crypto services may require external account linking.
Pros
- Huge liquidity
- Global network
- FDIC/local deposit protection
Cons
- Rigid traditional structure
- No direct custody of crypto assets
Frequently Asked Questions
Is NatWest Group safe for crypto?
Is NatWest Group FDIC insured?
Yes, standard cash deposits are insured under the United Kingdom Deposit Insurance scheme up to $100,000 or local equivalents. However, government deposit insurance schemes do not cover cryptocurrency holdings.
Does NatWest Group support business accounts?
Yes, NatWest Group supports corporate and business accounts. Startup and business verification is subject to standard AML and company registration checks.
What countries does NatWest Group operate in?
NatWest Group operates primarily in United Kingdom, and supports international clients from GB.
What are NatWest Group's crypto fees?
Monthly account fees are $10. Crypto trading fees are 1.5%.
Can I send crypto directly from NatWest Group?
No, NatWest Group only supports fiat bank transfers and does not support on-chain cryptocurrency withdrawals.