The Royal Bank of Scotland Group plc RBS launched its digital bank, Bo, in a bid to compete with online start-ups like Monzo and Starling, and meet the rapidly growing demand for online banking.

Royal Bank of Scotland ... In a statement, RBS said customers were using digital banking "more than ever before" with over 80% of active current account holders using digital services.

Royal Bank of Scotland offers 3.75% interest rate to 'keep you in the savings habit' SAVERS can pay in up to £150 each month into Royal Bank of Scotland's (RBS) Digital Regular Saver account.