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.