To make comparing even easier we came up with the Finder Score. Fees, features and customer service across 20+ of the most popular banks are all weighted and scaled to produce a score out of 10. The higher the score the better the account – simple.
There is currently only 1 current account to choose from with UBL – the ACE 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 may be charged.
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.
Benefits of opening an account with UBL
No monthly account fees. There are no monthly maintenance fees for the 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.
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.
As of June 2025, you can only open the account by completing an application form and returning it to a branch, or by sending it by post.
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 £120,000 per person are protected under the Financial Services Compensation Scheme in the event that the bank ever went bust.
Pros and cons of UBL
Pros
No monthly account fees
Multiple ways to bank
Facility to send money to Pakistan
FSCS protection
Cons
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 account is likely to appeal if you want to send money to friends or family in Pakistan and you’re after an everyday bank account with no minimum deposit requirements. 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
Yes, the bank is a member of the Current Account Switch Guarantee.
Yes, you can open both individual or joint accounts with UBL.
With UBL UKNetRemit, you can send money to Pakistan using Internet or mobile banking 24/7 or by going in to a branch. You can register for the service online or via the app to send amounts up to £20,000.
UBL has branches in London, Birmingham and Manchester.
We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you. Most of the data in Finder's comparison tables is provided by Defaqto. In other cases, Finder has sourced data directly from providers.
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
If you’ve forgotten or misplaced your bank card and need to take out cash, several options are available. From where to get cashback to what you need to take to a branch, here’s what you need to know.
Is Monzo’s app-only current account the right option for you? Read our review to get the low-down on all of the features of the account, its card and the app.
Advertiser disclosure
Finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which Finder receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. Finder compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
How likely would you be to recommend Finder to a friend or colleague?
0
1
2
3
4
5
6
7
8
9
10
Very UnlikelyExtremely Likely
Required
Thank you for your feedback.
Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve.
