UBL UK Ameen Islamic Schedule of Charges

1.

Payments/Account Services

Charges

1.1

Cheque Returned Unpaid (Inward)

£15.00

1.2

Cheque Returned Unpaid (Outward)

£25.00

1.3

Cheque Collected in Special Clearing

£25.00

1.4

Setting up standing order

Free

1.5

Unpaid Standing Order

£20.00

1.6

Unpaid Direct Debit

£20.00

1.7

Stop Payment of Cheque

£10.00

1.8

Stop Payment of Lost Chequebook

£10.00

1.9

International collection(USD,GBP,EUR cheques)

Clearing agent charges + £20.00

1.10

Foreign Cheque Returned Unpaid

£20.00

1.11

Reduction in Profit When 'Fixed Deposits' Are Withdrawn Before Maturity

 

 

Term of Deposit

Reduction In Profit

 

- 3 Month

50% reduction in total profit calculated

 

- 6 Month

50% reduction in total profit calculated

 

- 12 Month

50% reduction in total profit calculated

 

- 24 Month

50% reduction in total profit calculated

 

- 36 Month

50% reduction in total profit calculated

 

- 60 Month

50% reduction in total profit calculated

1.12

Early withdrawal of 90 Day Islamic Notice Account

50% reduction in total profit calculated

1.13

Temporary Account Statement

£5

1.14

Duplicate Statement

£2.50 per page

Please refer to Personal Banking Specific Terms and Conditions for more details

 

2.

Safe Deposit Box

 

2.1

Annual fee

 

 

- Small

£175 per annum

 

- Medium

£225 per annum

 

- Large

£275 per annum

 

Late Payment Charge

£15/month***

 

Charges for replacement of lost keys

£750 + VAT

 

3.

Transfers Abroad/International Transfer of Monies

 

3.1

Telegraphic Transfer (Account Holders) up to £100,000

£20.00

3.2

Telegraphic Transfer (Account Holders) over £100,000

£25.00

3.3

Telegraphic Transfer (NON-Account Holders) up to £100,000

£25.00

3.4

Telegraphic Transfer (NON-Account Holders) over £100,000

£30.00

3.5

Cash Handling Charges for NON-Account Holders (Telegraphic Transfer)

50p per £100

3.6

Amendments to Telegraphic Transfers

£10.00

 

4.

Issuance of Demand Draft and Payment Orders (All currencies)

 

4.1

Issuance of Demand Draft (Account Holders) 

£15.00

4.2

Issuance of Payment Order (Account Holders)

£15.00

4.3

Issuance of Demand Draft/PO(NON-Account Holder)

£20.00

4.4

Cash Handling Charges for NON-Account Holders (Issuance of Demand Draft/PO)

50p per £100

4.5

Cancellation Demand Draft(Account Holders)

£15.00

4.6

Cancellation Payment Order(Account Holders)

£15.00

4.7

Cancellation Demand Draft/PO(NON-Account Holders)

£20.00

 

5.

Home Remittances

 

5.1

Money Transfer to Pakistan (in PKR)

Free of charge for GBP equivalent of £150 and above. £3 charge for transactions below £150

5.2

Money Transfer to Bangladesh (BDT) and India INR)

£3.00

5.3

Cash Handling Charges for Bangladesh (BDT) and India (INR) for Non Account Holder

50p per £100

 

6.

Domestic Payments

 

6.1

Transfer into an account with UBL UK (Internal Transfers)

Free of charge

6.2

Domestic Payment within UK(GBP)-up to £100,000(in branch)

£20.00

6.3

Domestic Payment within UK(GBP)-more than £100,000(in branch)

£25.00

6.4

Domestic Payment within UK(GBP)-up to £10,000(via UBL Online Banking)

Free of charge

 

7.

Debit Card Charges

 

7.1

In UK (Local)

 

 

At a UK Cash Machine for GBP Withdrawal

No Charge*

 

Purchase Transaction in the UK

No Charge*

7.2

International Transactions

 

 

- At all Cash Machines/ATMs

2% (min £2 max £4)

 

Purchase Transactions

No Charge*

 

- FX Margin

2.99%**

7.3

Other Debit Card Charges

 

 

Damaged Card Replacement

£5.00

 

Lost/Stolen Card Replacement

£5.00

 

PIN Mailer re-issue charges

£5.00

*UBL UK would not charge anything on such transactions. However, the owner of the machine may levy some charges, but in such cases, customer is mostly informed by the machine.

**In addition all foreign currency transactions would be converted to GBP at prevailing exchange rate.

***Any Late Payment Charges received by the Bank shall be donated by the Bank (on behalf of the customer) to such registered charitable foundations as the Bank may select under the supervision of the Bank’s Shariah Advisor after deducting all actual costs incurred by the Bank.

8. Overdrafts

UBL UK do not offer overdraft facilities for any UBL UK Ameen Islamic Account and it is important that you ensure your balance does not go below £0.

Notification of early closure

The branch network and Customer Service Centre will be closing earlier than usual on Friday 20th December 2019, from 12pm. If you have any queries relating to this early closure, please feel free to come in and talk to a member of our UBL UK team who will be more than happy to help you.

UBL UK