Fixed Term Accounts - Accounts & Services - Business Banking | Ulster Bank

Fixed term accounts

Fix the rate and term to suit your business

Fixed term deposits Money Desk Deposit

A fixed term deposit with interest rates linked to the daily money markets. Money market rates are the interest rates that we quote you before you place your funds in a Money Desk Deposit.

Key benefits

  Fixed interest rates giving you peace of mind knowing that your interest rate will not change during the term

  We offer a range of terms from 1 week up to 1 year

  No upper limit on how much you can hold on deposit

 

Key features

  Place your funds in a Money Desk Deposit from £2,500 for periods of 6 months or more

  If depositing £10,000 or more, choose from periods of less than 6 months

  No withdrawals or additional lodgements are allowed during your chosen term

Please note: For administration purposes, an instant access account (i.e. an account that does not require notice of withdrawal) is required with us in the same name as the deposit. The instant access account will be used for the processing of funds placed on and maturing from the deposit, together with interest due.

Important information

 

Your eligible deposits with Ulster Bank Limited 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.

Please click here (84 KB PDF) for further information or visit www.fscs.org.uk.

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General enquiries

Please call 0345 366 5592 (UK)

or if calling from abroad, 0044 2890 538459

Lines are open 8.30am - 5.30pm  Monday to Friday - Note calls may be recorded  Call charges

 

 

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