• Money market rates - interest rates that we will quote you before you place your funds. Please contact your local Ulster Bank branch for Money Desk Deposit interest rates.
• Fixed interest rates - giving you peace of mind knowing that your interest rate will not change during the term.
• Flexible terms - we offer a wide range of fixed-term options from 1 week to 1 year.
• No maximum balance - there are no upper limits on how much you can hold on deposit.
• Minimum balance: For terms of less than 6 months the minimum balance is £10,000. For terms of 6 months or more the minimum balance is £2,500.

Anyone over 18 can open a Money Desk Deposit. For administration purposes, we require you to open an instant access account (i.e. an account that does not require notice of withdrawal) with us in the same name as the Money Desk Deposit, if you do not hold one already. The instant access account will be used for the processing of funds placed on and maturing from your Money Desk Deposit, together with interest due to you.