Product overview

The UBL UK ACE Current Account offers a convenient way to manage your everyday banking. Benefit from a named Community Relationship Manager, with a Bank that shares your values.

Key features and benefits:

  • Free every day banking as long as you stay in credit
  • Bank your way: Internet Banking, Branch Counter Services, Cheque Book, Debit Card and SMS and Email Transaction Alerts
  • FSCS protection up to £85,000 for each eligible depositor
  • Use your ACE Current Account to send money to friends and family in Pakistan
  • No minimum monthly deposit requirement
  • Withdraw up to £250 per day using your Mastercard Debit Card

Keep in mind:

  • UBL UK do not offer Arranged Overdrafts
  • If your Account goes into Unapproved Overdraft, you will be subject to Unapproved Overdraft Fees.

Representative example:

If you use an unapproved overdraft of £1,000 for 7 days, we will charge you an unapproved overdraft arrangement fee of £25 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: £25 Arrangement Fee, £2.09 Interest.

All overdraft outstanding amounts and fees are repayable on demand.

  • What are the Overdraft charges?

    UBL UK 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 £25 for each transaction that you make on your Account, and the debt balance will be subject to unapproved interest charges of UBL UK Base Rate + 8%.

    Details of unapproved overdraft charges are detailed in the Personal Banking Schedule of Charges.

  • What services come with this account?

    Mastercard Debit Card – make contactless payments up to £30, manage everyday spending and withdraw up to £250 per day wherever you see the Mastercard logo.

    Cheque Book – issue cheques using your UBL UK cheque book.

    Online Banking – manage your Account online using UBL UK NetBanking.

    SMS and Email Alerts – stay in control of your spending with our SMS and email transaction alerts.

    Safety Deposit Box – UBL UK Current Account holders may apply for a Safety Deposit Box.

    International Transfers – send money to friends and loved ones in Pakistan using your ACE Current Account.

  • Is UBL UK a member of the Current Account Switch Guarantee?

    UBL UK is not a member of the Current Account Switch Guarantee.

  • How do I open and manage my Account


    You must be;

    • Be a UK resident
    • Aged 18 or over
    • Have proof of identity

    Minimum/Maximum Balance:

    • There is no minimum balance
    • The is no maximum balance

    How to open the Account:

    In order to apply for the account, you will need to Download the Application Form, complete and then return it along with verified copies of your Photo ID and either a Bank Statement or Utility Bill with your home address dated within the last 3 months in the following ways:

    • In branch: Visit any of our branches Monday to Friday between 9:30am and 4pm
    • In writing: By post, sending instructions to: FREEPOST: RSSA-GJRS-KBCT, UBL UK Central Operations, 391-393 Stratford Rd, Birmingham B11 4JZ (all written instructions must be countersigned and dated by all named Account holders)

    You can contact our Customer Services Team on 0121 753 6000 Monday to Friday between 9:15am and 5:15pm for more information.

    Please make sure that you read the Personal Banking Specific Terms and Conditions and the Personal Banking General Terms and Conditions before you apply for this Account.

    More information about ID and Verification and how your deposits are protected can be found here FSCS, How We Verify Your Identity.

  • Additional Information

    This account can be held in single or joint names.

How to apply

By post

By post

Freepost: RSSA-GJRS-KBCT, 
UBL UK Central Operations, 
391-393 Stratford Rd, 
Birmingham B11 4JZ

In branch

In branch

Pop into any UBL branch and our staff will be happy to help. In busier periods when staff may not be immediately available, we’ll be happy to book an appointment for a later date.