CALCULATION OF REGISTRATION FEE

Title of Each Class of Securities Offered	Maximum Aggregate Offering Price	Amount of Registration Fee (1)
Notes	$1,692,000.00	$230.79

(1) Calculated in accordance with Rule 457(r) of the Securities Act of 1933.

Filed under Rule 424(b)(5), Registration Statement No. 333-184147

Final Pricing Supplement No. 20 dated October 1, 2012 (to: Prospectus dated September 28, 2012 and Prospectus Supplement dated September 28, 2012)

CUSIP / ISIN Number

Aggregate Principal Amount

Price to Public

Selling Commission

Net Proceeds

Coupon Type

Coupon Rate

Coupon Frequency

Maturity Date

1st Coupon Date

1st Coupon Amount

Survivor's Option

Product Ranking

78012DAV5 / US78012DAV55

$1,692,000

100.00%

1.50%

$1,666,620

FIXED

2.55% per annum

MONTHLY

10/15/2017

11/15/2012

$2.90

NO

SENIOR

Redemption Information: Non-Callable/Non-Puttable

Lead Manager and Lead Agent: RBS Securities Inc.

      The Royal Bank of Scotland Group plc Offering Dates: 09/24/2012 through 10/01/2012 Trade Date: 10/01/2012 Settlement Date: 10/04/2012 Minimum Denomination/Increments: $1,000.00/$1,000.00 Initial trades settle flat and clear SDFS: DTC Book-Entry only DTC Number 2230 via RBS Securities Inc.   If the maturity date or an interest payment date for any note is not a business day (as that term is defined in the prospectus supplement), principal, premium, if any, and interest for that note is paid on the next business day, and no interest will accrue from, and after, the maturity date or interest payment date.   The notes will be treated as fixed rate debt instruments for U.S. federal income tax purposes.   Intended to be listed on the Channel Islands Stock Exchange.   Davis Polk & Wardwell LLP has confirmed its opinion as to the legality of the notes offered by this pricing supplement as set forth under “Validity of the Notes” in the prospectus supplement dated September 28, 2012, subject to the customary assumptions set forth in the opinion of such counsel dated September 28, 2012 filed as an exhibit to the Registration Statement on Form F-3 filed by the Company on September 28, 2012. The Royal Bank of Scotland Group plc Retail Corporate Notes Prospectus dated September 28, 2012 and Prospectus Supplement dated September 28, 2012