Instant access savings for your business

Enjoy instant access savings with no restrictions on deposits or withdrawals – it’s the savings account that guarantees flexibility for you and attractive rates for your business.

Good For

  • Keeping your business savings separate from your current account
  • You want instant access to your deposits

Not Good If

  • You need to make payments from the Account

This Information Sheet sets out the key information you need to know about your account. It should be read together with the Business Accounts Terms and Conditions and forms part of our agreement with you. Please keep it for future reference.

More Information

  • What is the interest Rate?

    It is a variable rate, with the rate as at 10.02.20 shown below:


    Tier Interest Rate (AER/Gross)
    Up to £9,999 0.20%
    £10,000 - £49,999 0.25%
    £50,000 - £99,999 0.25%
    £100,000 - £499,999 0.25%
    Over £499,999 0.25%


    Interest is calculated daily and credited twice a year in June and December into your Sterling Savings Account.

  • Can UBL UK change the interest rate?


    As this account pays a variable rate of interest, the rate can change over time. For example we might review the interest rate if the Bank of England bank rate changes. We’ll always let you know of any planned changes to the rate.

  • What would the estimated balance be at the end of 12 months based on a £40,000 deposit?

    A deposit of £40,000 will generate an estimated balance of £40,095.00

    Interest in this Account is paid on incremental balances. This means that a balance of £40,000 will attract an interest of 0.20% on the first £9,999 and 0.25% on the remaining £30,001.

    This estimate is for illustrative purposes only and do not take into account individual circumstances.

    Assumptions taken for above calculations;

    • No change in the amount (no deposits, no withdrawals)
    • No change to the variable interest rates
    • Interest paid annually
  • How do I open and manage the Account?


    You must be;

    • Aged 18 or over
    • Have proof of identity

    Minimum/Maximum Balance:

    • There is no minimum 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:

    • Via post: FREEPOST: RSSA-GJRS-KBCT, UBL UK Central Operations, 391-393 Stratford Rd, Birmingham B11 4JZ
    • In branch: Visit one of our branches

    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 Business Banking Terms and Conditions before you apply for this Account.

    More information about ID and Verification can be found here

  • Additional Information

    This account can be held in single or joint names.

    Some business transactions will incur a fee, the fees attributed to this Account can be found in the Business Banking Schedule of Charges

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

How To Apply

Get In Touch

Get In Touch

Complete our Enquiry Form and a member of the team will be in touch.

Visit a Branch

Visit a Branch

Use our Branch Finder to locate your nearest UBL UK Branch.

Notification of System Maintenance

UBL UK will be conducting system maintenance on critical systems on Saturday 22nd February 2020 between 9am and 12pm. During this time you may experience delays in service to the following:

Staying safe online

We are aware that financial services companies may be targets for people seeking to fraudulently obtain login information. To protect yourself online, it is important that you check you are on the right website before entering login information. Please look out for the lock symbol next to the website URL to ensure that you are using an genuine and encrypted site. If you are not sure you are using a genuine UBL UK website, please call us on 0121 753 6000 Monday to Friday from 9:15am to 5:15pm. 

The sites managed by UBL UK are as follows:, and You should see these URL's and the lock symbol in your browser header.