Business Current Account

UBL UK does not offer Arranged Overdrafts.

If a transaction on your Account places it into an unapproved overdraft, you will be charged an unapproved overdraft fee of £50 for each transaction that you make on your Account, and the debt balance will be subject to unapproved interest charges of UBL UK Base Rate + 8%.

Representative example:

If you use an unapproved overdraft of £1,000 for 7 days, we will charge you an unapproved overdraft arrangement fee of £50 and daily interest of 11.5% of the debt balance calculated daily and charged monthly. The total fees due at the end of this 7 day period would be: £50 Arrangement Fee, £2.09 Interest.

All overdraft outstanding amounts and fees are repayable on demand.

• Cheque Book – issue cheques using your UBL UK cheque book.
• Online Banking – manage your Account online using UBL UK Business Internet Banking.

UBL UK is not a member of the Current Account Switch Guarantee.

You must;

• Individual applicants should be aged 18 or over
• The business should be Sole Proprietors, Partnerships, Trusts or Private Limited Companies
• There is no minimum balance

The Account can be opened by Sole Proprietors, Limited Liability Partnerships, Trusts and Limited Companies.

• Online: You may register for New Internet Banking at businessbanking.ubluk.com or download our new Mobile App by searching for 'UBL UK Business Banking' in your app store. 
• Secure Message: when registered for internet and mobile banking, you can send secure messages directly to our team to maintain your account and give UBL UK instructions.
• In Person: Visit our Mayfair Branch, Monday to Friday between 9:30 am and 4 pm
• Via Post: By sending instructions to FREEPOST: RUEE-STYR-XYKE, UBL UK, 2 Brook Street, London W1S 1BQ (all written instructions must be countersigned and dated by all named Account holders)
• Via Telephone: You can contact our Customer Services Team Monday to Friday from 9:15 am to 5:15 pm for support