Let us take the headache out of switching
If you’re switching your business account from another bank, we can do all the work for you. With a Current Account Switch Service, we’ll move everything from your old account to your new one. And that includes moving Direct Debits and Standing Orders too.
To switch to us, just apply for a business account and tell us you’re switching during the application. Then choose the Switch Service you need, give us your old bank account details and tell us when you want the switch to start.
The service you'll need depends on whether you need to keep your old account open, your eligibility (based on business circumstances), the mandate authorisation with your old bank and whether your old bank is part of the Current Account Switch Service:
You can find out more about each service from the FAQs below, or in our Switching Guide (PDF, 577KB).
Eligibility criteria apply. Ulster Bank Business Banking is available to eligible customers, over 18 who have the right to be self-employed in the UK or Northern Ireland.
For turnover less than £1m
18-months transaction-fee free business banking (Standard Published Tariff after)
Dedicated start-up package including access to our Business Builder learning platform
Online and phone banking
For businesses with turnover less than £6.5m. If your business is larger, please contact our Relationship Management teams.
As a customer, you can grow your business and build your local network by applying for our Entrepreneur Accelerator programme
Online and phone banking
Fees apply
Enjoy fee-free banking for 18 or 24 months if your business is deemed a charity. Business Banking T&C’s apply.
Cheque book and paying in book
Apply for a Debit card
Online and phone banking
Participating providers of UK business bank accounts have agreed to a basic set of information that they will need from you to set up your UK business current account.
Find out what you’ll need to provide using the simple business banking checklist from UK Finance, the UK’s leading trade association for financial services.
If you have given permissions to Third Party Providers to make payments on your behalf, or to access your financial data, access to these services won't be transferred automatically to your new account as part of the Current Account Switch Service.
1. Before you close your old account, check whether you have any Third Party Provider permissions set up and if so, who with.
2. Once your new account is open, you can give your permission to the Third Party Provider to access your new account by providing them with your new account details. You will need to contact the Third Party Provider directly yourself to set this up.
3. If you are unsure as to whether your new bank will support Third Party Provider permissions on your account, you will need to discuss this ahead of your switch with your new provider who will be able to advise you of this.
Please check your new provider's terms and conditions for more information about Third Party Providers.
Under the Current Account Switch Guarantee, all customers who switch their current account to another bank benefit from a payment redirection service.
Redirection will last for a minimum of 36 calendar months from the switch date, and longer if required.
This applies to all customers who used the Current Account Switch Service to date and those who are about to do so.
If you have switched your account to us since 16th September 2013, you don't have to take any action to benefit from the extended service.
For any switching queries please contact us on 0345 366 5592.
