natwest Articles

FreeAgent fortifies NatWest ties for even easier sign up

Cloud Accounting software provider FreeAgent has moved a step further in its integration with NatWest and now enables users to sign up with their existing bank logon details.

This provides quick, easy sign on that is also secure and provides flexibility under Open Banking for the Natwest customer to decide what information is shared with FreeAgent

FreeAgent and Natwest have been trialling the system with around 2,00 customers and it has proven to be extremely successful, hence the wider rollout.

Operations Director Neil Armitage said “Contractors are constantly on the go and under a lot of pressure so anything that can simplify their lives like this is more than welcome. Closer integration with banking partners such as NatWest can only benefit our customers and it’s great to see FreeAgent continue to innovate”

Natwest Bankline system has been struggling over the last 2 days and is now making headline news. What does this mean for contractors?

Natwest systems (bankline) are still down this morning meaning umbrella companies with a Natwest bank account are unable to access their bank statements to action what funds have been received from recruitment agencies to pay to their umbrella company employees.