Royal Bank of Scotland offers mortgage relief to customers hit by coronavirus


Royal Bank of Scotland defers mortgage and loan repayments for up to THREE MONTHS for customers impacted by coronavirus

The Royal Bank of Scotland has today pledged to defer mortgage and loan repayments for up to three months for customers impacted by coronavirus. 

RBS said it would also waive early closure charges on fixed savings accounts and offer refunds on credit card cash advance fees so affected customers can access cash without penalty.

The bank said customers could apply for increased temporary credit card limits and request an increased cash withdrawal limit of up to 500 pounds to help them manage disruption.

A spokeswoman for RBS said: ‘We are monitoring the potential impact of coronavirus across all our customers to ensure we can support them appropriately through any period of disruption.’

RBS said it would also waive early closure charges on fixed savings accounts and offer refunds on credit card cash advance fees so affected customers can access cash without penalty