Opening a current account | Business Banking l Ulster Bank

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Opening a Business Account

What do you need?


Sole Trader

Opening an account as a Sole Trader

To comply with regulation and to protect against fraud we have to verify each business owner and their business.

Therefore we need one original document from each below to be provided as part of the account opening process.

In exceptional circumstances, you might be asked to validate documents at your local branch.

Sole Trader Owner Verification

Accordion

Icon expand Who are you?

Passport or 
Full UK / Irish Driving Licence or 
National ID Card
Accordion

Icon expand Where do you live?

Original Utility Bill (gas, electric, landline telephone only) or 
Full UK / Irish Driving Licence or 
Bank, credit card or mortgage statement (non Ulster Bank only)

Sole Trader Business Verification

Accordion

Icon expand Where is your business located?

Registered Accountant / Solicitor's letter addressed to Ulster Bank confirming the business  name, owners and trading address
Accordion

Icon expand Is your business trading more than 18 months?

A copy of your most recent Annual Accounts

Partnership

Opening an account as a Partnership

To comply with regulation and to protect against fraud we have to verify each business owner and their business.

From each partner, we need one original document from the 'who are you?' and 'where do you live?' sections below as part of the account opening process. 

To verify your business we we need one original document from each option within the Business Verification to be provided as part of the account opening process.

In exceptional circumstances, you might be asked to validate documents at your local branch.

Partnership Owner Verification

Accordion

Icon expand Who are you?

Passport or 
Full UK / Irish Driving Licence or 
National ID Card
Accordion

Icon expand Where do you live?

Original Utility Bill (gas, electric, landline telephone only) or 
Full UK / Irish Driving Licence or 
Bank, credit card or mortgage statement (non Ulster Bank only)

Partnership Business Verification

Accordion

Icon expand Where is your business located?

Registered Accountant / Solicitor's letter addressed to Ulster Bank confirming the business  name, owners and trading address
Accordion

Icon expand Is your business trading more than 18 months?

A copy of your most recent Annual Accounts

Limited Company

Opening an account as a Limited Company

To comply with regulation and to protect against fraud we have to verify each business owner and their business.

From each director and shareholder we need one original document from 'who are you?' and 'where do you live?' to be provided as part of the account opening process.

We also need to verify your business and require one original document from each below option within the Business Verification section as part of the account opening process.

In exceptional circumstances, you might be asked to validate documents at your local branch.

Limited Company Owner Verification

Accordion

Icon expand Who are you?

Passport or 
Full UK / Irish Driving Licence or 
National ID Card
Accordion

Icon expand Where do you live?

Original Utility Bill (gas, electric, landline telephone only) or 
Full UK / Irish Driving Licence or 
Bank, credit card or mortgage statement (non Ulster Bank only)

Limited Company Business Verification

Accordion

Icon expand Is your business trading more than 18 months?

A copy of your most recent Annual Accounts
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