UBL current accounts review

Looking for a new current account? Find out what UBL has to offer.

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UBL UK offers a range of banking products for its customers, including savings accounts, buy-to-let mortgages and current accounts.

Compare UBL UK current accounts

1 - 1 of 1
Name Product Finder Score Account fees Funding requirement Interest (AER) Arranged overdraft Incentive Representative example Link
Ace Current Account
Not yet rated
No minimum funding requirement
0% AER

View details

Types of current accounts from UBL

There are 2 current accounts to choose from with UBL, the ACE Current Account and the Ameen Islamic Current Account.

  • ACE Current Account

  • This is a free, everyday bank account, as long as you stay in credit. The account does not offer an arranged overdraft. If you do go into an overdraft, you will be charged an unapproved overdraft fee of £50 for each transaction that you make on your account, and the debt balance will be subject to unapproved interest charges.

    You can use your account to send money to friends and family in Pakistan and manage your account by Internet or mobile banking or in a branch. You will also benefit from a named Community Relationship Manager.

  • Ameen Islamic Current Account

  • A current account that is managed in accordance with Shariah principles. This means no interest is paid or charged on the account and there is no overdraft facility. Again, you can use your account to send money to Pakistan.

Benefits of opening an account with UBL

  • No monthly account fees. There are no monthly maintenance fees for either current account.
  • Facility to send money to Pakistan. Customers can easily send money to family and friends in Pakistan by using Internet or mobile banking or by going in to a branch.
  • Islamic banking options. If you wish to, you can choose an account managed in accordance with Shariah principles.
  • Multiple ways to bank. You can manage your account via Internet banking, mobile banking or at a branch.

How to open an account

To be eligible for an account, you must be aged 18 or over, and you must be able to provide proof of identity, such as a passport, and proof of address, such as a utility bill or bank statement.

You can open the account by completing an application form and returning it to a branch, or by sending it by post. You can also open an account via the mobile app.

Is UBL safe?

Yes, UBL is a trading name of United National Bank Limited which is regulated by the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA). All eligible deposits of up to £85,000 per person are protected under the Financial Services Compensation Scheme in the event that the bank ever went bust.

Pros and cons of UBL


  • No monthly account fees
  • Multiple ways to bank
  • Facility to send money to Pakistan
  • FSCS protection
  • Islamic banking options available


  • No arranged overdrafts
  • No interest paid on in-credit balances
  • UBL has a limited number of branches

Customer service information for UBL

Email support
Telephone support
In-app or live chat
Contact form
Branch support

Our verdict

UBL’s current accounts are likely to appeal if you want to send money to friends or family in Pakistan, whether you’re looking for an everyday bank account or you want to bank according to Shariah law. Although there are no arranged overdraft facilities available, there are also no monthly maintenance fees and you can rest assured your money will be protected by the FSCS.

Frequently asked questions

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Rachel Wait is a freelance journalist and has been writing about personal finance for more than a decade, covering everything from insurance to mortgages. She has written for a range of personal finance websites and national newspapers, including The Observer, The Mail on Sunday, The Sun and the Evening Standard. Rachel is a keen baker in her spare time. See full bio

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