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Banking for not for profit organisations

Community bank account

An everyday account for charities, clubs and societies

Are you a not for profit organisation, like a charity or club?

Enjoy up to 2 years of free banking on everyday transactions if your business has deemed charity status*

Award-winning** online accounting software included with this business banking current account (as long as you retain your business bank account)

24/7 Anytime Banking

Bank anywhere with our mobile banking app

 

This current account is for not for profit limited companies registered at Companies House, clubs and societies, churches and places worship, registered and unregistered charities, charitable incorporated organisations (CIOs) and non-personal trusts. Want to see our other business current accounts

*Your turnover must not exceed £250K a year. Business banking T&Cs apply. Existing customers may avail of discounts outlined in the 'What is the reduced fee package?' section of this page. Contact us for eligibility. If your turnover exceeds £250k, your account will be subject to charges outlined in the reduced fee package table below.

**Friendliest Software of the Year, Institute of Certified Bookkeepers Luca Awards 2023.

Anytime Banking available to customers with an Ulster Bank account. App available to customers with compatible iOS and Android devices and a UK or international mobile number in specific countries.

This account in detail…

Features

Contactless debit card

Need to pay for business purchases in shops and online or withdraw cash? That’s where the contactless debit card comes in handy. Use Apple Pay and Google Pay™ for payments with your phone.

24/7 Anytime Banking

Our Anytime Banking service means you can access your business account, whenever it suits you.

Mobile Banking app

Our Mobile Banking app is secure, easy-to-use and lets you do loads of useful business banking tasks when you’re out and about.

Chequebook and paying in book

You can have a chequebook and a paying in book too (useful If you’re receiving cash or cheques).

Authorise signatories

Authorise up to four individuals as signatories on the account.

Is your business eligible?

Your business must be a:

Charity

Community / Voluntary Organisation

Social Enterprise

Religious Organisation

Community Development Financial Institution

If your business has Deemed Charity* status or can prove they have been approved for inclusion on the Register of Charities by the NI Charity Commission, you can avail of our Not for Profit (NFP) package 

Note: Credit Unions and Education establishments are not eligible for this package under our NFP proposition.

*Deemed Charity is a charity recorded on the NI Charity Commission’s published of Deemed Charities.

Authorised signatories - Authorise up to four individuals as signatories on the account.

What is the reduced fee package?

Eligibility

Offer

Annual turnover less than £250k

Free banking on everyday transactions for 2 years*

Annual turnover between £250k - £1m

Free banking on everyday transactions for year 1 reverting to 50% discount on year 2

Annual turnover exceeds £1m

50% discount on banking transaction for 2 years

All fees are reviewed after the two year discount period, Business current account Terms & conditions apply. If you are a Deemed Charity and an existing Ulster Bank customer, you may avail of discounts. Contact us for eligibility.

What does free banking on everyday transactions mean?

It means that the standard charges for the day to day running of your account, commonly known as your 'transaction fees', will not apply for up to 2 years after the account opening date. 

'Additional charges' and 'unarranged borrowing' charges are not part of the banking offer and will apply from account opening. Fees discounts are subject to change and availability.

Download the PDF below to view our business current account fees and charges, including overdraft fees, transaction fees and charges for additional services.

Guide to Business Current Account Fees (PDF, 120KB)

Useful info about this account

Switch to Ulster Bank

The Current Account Switch Service will do all the work when it comes to switching, moving everything across from your old account to your new account, all within 7 working days, including Direct Debits and standing orders.

To switch to us, just apply for a business account and tell us you’re switching during the application. Then give us your old bank account details and tell us when you want the switch to start.

Current Account Switch Guarantee (PDF, 64KB)

Your Guide to switching your account to us (PDF, 577KB)

How does the Switch service work?

Circle Kinetic Illustration NW

Managing your business finances has never been easier

Visit our servicing hub for instant access to managing your business accounts, loans, credit cards and any other business service you have from Ulster Bank. 

Ready to apply?

Thanks for choosing our Community bank account, let's get started...

To apply, please choose which is most like your business

Small/Medium

If your annual turnover is likely to be under £6.5 million, please apply through the start up account application page.

Large

If your annual turnover is more than £6.5 million, please get in touch with Corporate and Commercial banking.

Anything else we can help with?