RBS offers mortgage relief to Coronavirus patients

Royal Bank of Scotland has pledged to defer mortgage and loan repayments for up to three months for customers affected by Coronavirus.

RBS will also waive early closure charges on fixed savings accounts to allow customers to access cash, and will also refund credit card cash advance fees.

Additionally, customers can apply for an increased temporary credit card limit and request an increased cash withdrawal limit of up to £500

The Bank says it has also “proactively” contacted 5,000 customers to offer support.

The measures come as the Italian government suspends mortgage, tax, and interest repayments for all citizens as the country remains on lockdown.

Last week, financial trade body UK Finance said that banks, building societies, and credit card providers in the UK would show understanding to customers for those who contract the virus.