Personal Banking Schedule of Charges

Reviewed and updated in 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 a 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

2.
Safe Deposit Box

 

2.1

Annual fee

 

 

Small

£175 per annum

 

Medium

£225 per annum

 

Large

£275 per annum

 

Late Payment Charge

£15/month

3.
Transfers Abroad/International Payments

 

3.1

International Payments

£25.00 (or equivalent in other currencies)

3.2

Amendments to International Payments

£10.00

4.
Home Remittances

 

4.1

Money Transfer to Pakistan (in PKR)

Free of charge for GBP equivalent of 90 and above.

£3 charge for transactions below £90

5.
Domestic Payments

 

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

 

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

 

 

FX Margin

2.99% of the amount**

6.3

Other Debit Card Charges

 

 

Damaged Card Replacement

No Charge

 

Lost/Stolen Card Replacement

No Charge

 

PIN Mailer re-issue charges

No Charge

*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 the prevailing exchange rate.

7. Overdrafts

UBL UK does not offer Unarranged Overdrafts.