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


Terms & Conditions are available on request.

Information Message

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.

How to open an account

If you are looking to open a Foreign Currency account, this can be done by downloading and completing the form below.

To download the form:

  • Download Adobe Acrobat Reader (free download)
  • Right-click the link below and select 'save as' to download it to your computer (not a phone or tablet)
  • Right-click the form in its saved location and select 'Open with Adobe Acrobat Reader

Download and complete the application form

If you have issues opening the form please follow these instructions.

Sending the form back to us

Business customers

If you’re a business customer (turnover under £6.5m), email the completed form to Business Banking Support

Commercial customers

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, email it to Corporate & Commercial Services 

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?