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Foreign Currency Current Account

A safe and simple account for international trading

Features and benefits

Currency fluctuations can be an issue for any business trading internationally. We could help mitigate those risks. Open a non-interest bearing current account, and make and receive payments in foreign currency simply and safely. You will benefit from all the overdraft (subject to agreement) and money transmission services you need for the day-to-day running of your business.

Electronic transfer. You can make payments quickly and accurately via Bankline

No minimum balance. This is a working capital account therefore we will not ask for a minimum balance

Multi-currencies. Simply select from a range of currencies, an account that suits your needs

International payment facilities. You can make payments across the globe using this account in a variety of currencies

Transparent costs. There are standard transaction charges

Euro chequebook. Available for euro currency current account only. 

 

Terms & Conditions are available on request.

Currency lending interest rates

We offer competitive interest rates when lending foreign currencies from around the world. Download the PDF to find out what rates you could be paying on your current account's overdraft facility.

The Standards Of Lending Practice for business customers

We are a Registered Firm with the Lending Standards Board which publishes the Standards of Lending Practice.

Ready to apply?

Great! Thanks for choosing our Currency Account.

To apply please contact your Relationship Manager or call our business teams using the details below:

Please call 0345 366 5592 (UK) or if calling from abroad, 0044 2890 538459

Relay UK Service: 18001 0345 366 5592

Lines are open 8.30am - 5.30pm  Monday to Friday - Note calls may be recorded.

View our Call charges.

 

If you are looking to open an additional account, this can be done by completing this form. (PDF, 3 MB)

To send the form back to us:

  • If you’re a business customer (turnover under £6.5m) , send the completed form to FM-048016@rbos.co.uk
  • If you’re a commercial customer (turnover over £6.5m), please return the completed form to your dedicated service team. If you do not know who this is, send it to FM-009656@rbos.co.uk

 

Protecting your money

Your eligible deposits with Ulster Bank are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK’s deposit guarantee scheme. Any deposits you hold above the limit are unlikely to be covered.

For more information, view the guide (PDF, 3.7MB) or visit www.fscs.org.uk.

Anything else we can help with?