Buy Bitcoin with NatWest

[✓] last verified 2026-01-28·Reviewed by BankToBTC Team

Data from bank docs & FCA registers · How we verify · Report an error

Strict limits: £1K/day, £5K/month to crypto exchanges.

Supported payment methods: faster-payments

Last verified: Jan 28, 2026

Top Exchanges for NatWest

• Kraken
• Coinbase
• eToro

Step-by-step guide to buying Bitcoin with NatWest

NatWest works best when you use Faster Payments to an FCA registered exchange and stay within bank limits. Here is a quick walkthrough.

1. Pick an FCA-registered exchange
   Use an FCA-registered exchange and plan around NatWest payment caps to reduce declines.
2. Create your exchange account
   Sign up and enable two factor authentication.
3. Complete identity verification
   Verify your identity before depositing.
4. Collect Faster Payments details
   In the deposit section, choose Faster Payments and copy the sort code, account number, and reference.
5. Send money in the NatWest app
   Open the NatWest app, tap Payments then Pay someone new, add the payee, and confirm; stay within £1,000 per day and £5,000 over 30 days.
6. Wait for funds to arrive
   Faster Payments can be near instant, but NatWest may pause first time payments for fraud checks, especially near the limits.
7. Purchase Bitcoin
   Buy BTC after the transfer is credited.
8. Secure your Bitcoin
   Withdraw to a wallet if you plan to hold.

Frequently Asked Questions

Can you buy Bitcoin with NatWest?

Yes, but NatWest limits payments it identifies as going to crypto exchanges. NatWest states it will block or limit Faster Payments and debit card transactions to crypto exchanges to £1,000 per day and £5,000 in any 30-day period, and NatWest has also restricted payments to Binance. Use bank transfer to a regulated exchange and stay within the caps.

Is NatWest’s £1,000 a day crypto cap per payee, or per NatWest account?

NatWest says the £1,000 daily and £5,000 rolling 30-day limits apply separately to each account. That means splitting across different payees on the same account still runs into the same account-level cap.

Why does NatWest block Binance but still allow some other exchanges?

NatWest has explained it restricts payments to exchanges it considers higher risk based on scam and fraud patterns. Binance has been a focus of specific restrictions, while other exchanges may still work as long as you stay within NatWest’s payment caps.

What are the two SMS warnings NatWest mentions after a crypto payment, and what should I do?

NatWest notes you may receive messages when you have made Faster Payments or debit card payments to certain crypto exchanges, as part of its scam warnings. Treat them as a prompt to re-check the payee and your exchange login security, then proceed only if you are fully confident you are paying the real exchange account.

Does NatWest limit debit card and Faster Payments the same way for crypto?

Yes. NatWest’s published crypto controls cover both Faster Payments and debit card transactions to crypto exchanges. NatWest also states it has blocked credit and charge cards for cryptocurrency purchases since February 2018.

Can I use a NatWest branch transfer or CHAPS to get around the crypto limits?

NatWest advises against trying alternate channels to bypass restrictions, and notes the policy is in place to reduce scam risk. In practice, if NatWest is identifying the destination as a crypto exchange and applying limits, trying a different route can still be declined or questioned.

Evidence & Verification

This page references 4 sources: NatWest Crypto Policy, NatWest Binance Restrictions, Confirmation of Payee. Information was compiled from official sources and user reports.

Sources:

• NatWest Crypto Policy
• NatWest Binance Restrictions
• Confirmation of Payee
• FCA Cryptoasset Register

How we verify · Report an error

Information can change without notice. Always verify current policies directly with your bank and exchange before making transactions.