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Online Banking

Business Current Account

Easy banking, everyday

  • Personalised support from a dedicated Relationship Manager
  • Access to chequebook and online banking services
  • Suitable for Sole Proprietors, Limited Liability Partnerships, Trusts and Limited Companies
Business Current Account Easy banking, everyday
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Key Product Information

Simple, straightforward banking to manage your business’s day-to-day finances.

Suitable for businesses of all sizes and structures, our Corporate Current Account is a simple, functional option for businesses looking to easily manage their everyday finances.

Benefits

Available for Sole Proprietors, Partnerships, Trusts or Private Limited Companies

Access your account using UEB Business Internet and Mobile banking to make payments and view online balances

A simple, straightforward Current Account with a named Customer Relationship Manager

Limitations

UEB do not offer Arranged Overdrafts

If your Account goes into Unapproved Overdraft, you will be subject to Unapproved Overdraft Fees

Product Summary
What are the Overdraft charges?

UEB does not offer Arranged Overdrafts.

If a transaction on your Account places it into an unapproved overdraft, you will be charged an unapproved overdraft fee of $50 for each transaction that you make on your Account, and the debt balance will be subject to unapproved interest charges of UEB Base Rate + 8%.

Representative example:

If you use an unapproved overdraft of $1,000 for 7 days, we will charge you an unapproved overdraft arrangement fee of $50 and daily interest of 11.5% of the debt balance calculated daily and charged monthly. The total fees due at the end of this 7 day period would be: $50 Arrangement Fee, $2.09 Interest.

All overdraft outstanding amounts and fees are repayable on demand.

Services that come with this account?
  • Cheque Book – issue cheques using your UEB cheque book.
  • Online Banking – manage your Account online using UEB Internet Banking.
Eligibility

You must;

  • Individual applicants should be aged 18 or over
  • The business should be Sole Proprietors, Partnerships, Trusts or Private Limited Companies
  • There is no minimum balance

The Account can be opened by Sole Proprietors, Limited Liability Partnerships, Trusts and Limited Companies.

Managing your Account
  • Online
  • Secure Message: when registered for internet and mobile banking, you can send secure messages directly to our team to maintain your account and give UEB instructions.
  • In Person
  • Via Post:  (All written instructions must be countersigned and dated by all named Account holders)
  • Via Telephone