Royal Bank of Scotland (RBS), one of the leading UK financial institutions, has applied for banking in Germany.

Thus, the financial structure wants to maintain access to the European market after the UK leaves the European Union (Brexit), TASS reports.

According to The Financial Times, RBS wants to replace its Frankfurt branch with a new office, which will function as a regional payment center.

At the same time, the British government is preparing for a “tough” Brexit scenario, reports Reuters.

According to the press service of the British Prime Minister Theresa May, the situation has reached a point when it is necessary to speed up preparations for leaving the EU without agreement with Brussels.

In this regard, the British government advised the country's enterprises to carry out preparatory work and create the conditions for them to withstand the collision with the "sharp brexit."

There are 100 days left until the UK leaves the European Union, Brexit is to be held in March 2019.

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