Not For Profit Account | Business Banking | Ulster Bank

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Charities, Clubs, Societies and Social Enterprises


Everyday account for charities, clubs and societies.

Plus, enjoy fee-free banking for 24 months.*

*Your turnover must not exceed £250K a year. Business banking T&Cs apply. Existing customers may avail of discounts. Contact us for eligibility.

The need-to-knows

Is your business eligible?

Your business must be a:

  Charity

  Community / Voluntary Organisation

  Social Enterprise

  Religious Organisation

  Community Development Financial Institution

 

Great - 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?

Which flexible banking offer applies to you?

Eligibility Offer
Annual turnover less than £250k
Fee free transaction banking for 24 months
Annual turnover between £250k - £1m Fee free transaction banking for year 1
reverting to 50% discount on year 2
Annual turnover exceeds £1m 50% discount on banking transaction for 2 years

 

Note: All fees are reviewed after the two year discount period, Business current account Terms & conditions apply.

If you are a Deemed Charity and already hold a current account with Ulster Bank, you may avail of fee discounts. Contact our team to confirm eligibility.

What does transaction free banking 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 the first two 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.

 

Please see our brochure A Guide to Business Current Account Fees (PDF, 241KB)

Who do I contact for more information?

If your business has, or will have, an annual turnover exceeding £2 million please contact us to discuss your banking requirements.

 

Claire McKeown

Email: claire.mckeown@ulsterbank.com

Telephone: 028 9027 6135

To apply for an account please choose which is most like your business

 

Small/Medium

If your annual turnover is likely to be under £2 million, please apply through the start up account application page.

Large

If your annual turnover will exceed £2 million, please contact the Relationship Manager below:

Claire McKeown

Email: claire.mckeown@ulsterbank.com

Telephone: 028 9027 6135

 

COVID-19: Application times

It's taking longer than usual to process new account applications. We're working hard to speed this up. Thank you for your patience.

 

Not found what you're looking for? We're here to help
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Contact us

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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