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The Royal Bank of Scotland (RBS) has the term 'Royal' because it was founded by Royal Charter in 1727. The use of the term Royal is restricted, and, would normally have to be bestowed by the monarch by Royal Charter (e.g. a number of towns are referred to as 'Royal Burghs', such as Kirkcaldy, even though the term was abolished in 1975).

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Q: Why is royal bank of Scotland royal?
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The US correspondent bank for Royal Bank of Scotland is The Royal Bank of Scotland N.V., located in New York. Royal Bank of Scotland has correspondent banks all over the world.


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