Filed pursuant to Rule 433.
Registration Statement Nos. 333-162193 and 333-162193-01.

NySE Arca: Trnd

Introducing

RBS US Large Cap Trendpilot(TM) Exchange Traded Note (TRND)

Pacer Financial has recently been engaged by RBS N.V. as its U.S. sales and
marketing wholesaler to introduce the RBS US Large Cap Trendpilot(TM) ETN to
the marketplace.


For more information visit www.rbs.com/etnUS or call our sales team at Pacer
Financial | Toll Free: 855-727-3877

For Financial inTermediary USe only -- noT For USe wiTh The inveSTing PUblic.
Investors should carefully consider the investment objectives, risks, charges
and expenses of any security before investing. The prospectus and pricing
supplement contains this and other information about the security. Please visit
us at www.rbs.com/etnUS to download a prospectus.

imPorTanT inFormaTion: The Royal Bank of Scotland N.V. (RBS NV) and RBS
Holdings N.V. (RBS Holdings) have []led a registration statement (including a
prospectus) with the U.S. Securities and Exchange Commission (SEC) for the
offering of RBS ETNs to which this communication relates. Before you invest in
any RBS ETNs, you should read the prospectus in that registration statement and
other documents that have been []led with the SEC for more complete information
about RBS NV and RBS Holdings, and the offering. You may get these documents
for free by visiting EDGAR on the SEC's web site at www.sec.gov. Alternatively,
RBS NV, RBS Holdings, RBS Securities Inc. (RBSSI) or any dealer participating
in the relevant offering will arrange to send you the prospectus and the
pricing supplement at no charge if you request it by calling 1-855-RBS-ETPS
(toll-free).