UBL UK Ameen Islamic Schedule of Charges
Reviewed and updated on April 2024
1. |
Payments/Account Services |
Charges |
|
1.1 |
Cheque Returned Unpaid (Inward) |
£5.00 |
|
1.2 |
Cheque Returned Unpaid (Outward) |
£5.00 |
|
1.3 |
Setting up Standing order |
Free |
|
1.4 |
Unpaid Standing Order |
No Charge |
|
1.5 |
Unpaid Direct Debit |
£5.00 |
|
1.6 |
Stop Payment of Cheque |
£10.00 |
|
1.7 |
Stop Payment of Lost Chequebook |
£10.00 |
|
1.8 |
International collection(USD,GBP,EUR cheques) |
£20.00 + any Bank charges incurred |
|
1.9 |
Foreign Cheque Returned Unpaid |
£20.00 |
|
1.10 |
Duplicate Statement |
£2.50 per Page |
|
Please refer to Personal Banking Terms and Conditions for more details |
||
2. |
Safe Deposit Box |
Charges |
|
2.1 |
Annual fee |
|
|
|
Small |
£175 per annum |
|
|
Medium |
£225 per annum |
|
|
Large |
£275 per annum |
|
|
Late Payment Charge |
£15/month*** |
|
|
Charges for replacement of lost keys |
£750 + VAT |
3. |
Transfers Abroad/International Payments |
Charges |
|
3.1 |
International Payments | £25 (or equivalent in other currencies) |
|
3.2 |
Amendments to International Payments |
£10.00 |
4. |
Home Remittances |
Charges |
|
4.1 |
Money Transfer to Pakistan (in PKR) |
Free of charge for transactions of £90 or above. A £3 transaction fee will apply for remittances of £89.99 or below |
5. |
Domestic Payments |
Charges |
|
5.1 |
Transfer into an account with UBL UK (Internal Transfers) |
Free of charge |
|
5.2 |
CHAPS payment within UK (GBP) |
£20.00 |
|
5.3 |
Faster Payment within UK (GBP) - up to £10,000 (via Online Banking) |
Free |
|
5.4 |
Faster Payment within UK (GBP) - up to £100,000 (via Branch) |
Free |
6. |
Debit Card Charges |
Charges |
|
6.1 |
In UK (Local) |
|
|
|
At a UK Cash Machine for GBP Withdrawal |
No Charge* |
|
|
Purchase Transaction in the UK |
No Charge* |
|
6.2 |
International Transactions |
|
|
|
At all Cash Machines/ATMs |
2% (min £2 max £4) |
|
|
Purchase Transactions |
No Charge* |
|
|
FX Margin |
2.99%** |
|
6.3 |
Other Debit Card Charges |
|
|
|
Damaged Card Replacement |
£5.00 |
|
|
Lost/Stolen Card Replacement |
£5.00 |
|
|
PIN Mailer re-issue charges |
£5.00 |
*UBL UK would not charge anything on such transactions. However, the owner of the machine may levy some charges, but in such cases, the customer is mostly informed by the machine.
**In addition all foreign currency transactions would be converted to GBP at prevailing exchange rate.
***Any Late Payment Charges received by the Bank shall be donated by the Bank (on behalf of the customer) to such registered charitable foundations as the Bank may select under the supervision of the Bank’s Shariah Advisor after deducting all actual costs incurred by the Bank.
7. Overdrafts
UBL UK do not offer overdraft facilities for any UBL UK Ameen Islamic Account and it is important that you ensure your balance does not go below £0.