Foreign Currency Current Account
A safe and simple account for international trading
Only available to existing Ulster Bank customers who maintain a Business Current Account. Over 18s only. Lending criteria, terms and conditions apply. Security may be required.
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.
Overdrafts are repayable on demand and may not be exceeded without prior permission. If you exceed your limit, we will charge interest at the rate stated in our Schedule of Services - Payment and International Banking Charges brochure (PDF, 91KB). A maintenance charge and other charges may also apply. Credit applications will usually be recorded at Credit Reference Agencies and may affect your ability to obtain credit elsewhere in the future.
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.
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 FMfirstname.lastname@example.org
- 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 FMemail@example.com
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.