UBL current accounts review
Looking for a new current account? Find out what UBL has to offer.
![UBL UK UBL UK](https://www.finder.com/niche-builder/61bc659a2a99d.png)
UBL UK offers a range of banking products for its customers, including savings accounts, buy-to-let mortgages and current accounts.
There are 2 current accounts to choose from with UBL, the ACE Current Account and the Ameen Islamic 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.
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.
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.
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.
Email support | |
---|---|
Telephone support | |
In-app or live chat | |
Contact form | |
Branch support |
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.
Learn more about GoHenry and Starling Kite and find out which is the better prepaid card option for your child.
Our fixed-rate ISA calculator estimates whether paying the get-out penalty on your ISA is worth it to open a new one at a better rate.
Recent estimates suggest that over 8 million people live alone in the UK, so we’ve crunched the numbers to find the cost of being single.
Monzo is getting in on the cards-for-kids action. And this one is free. Get ready to dish out the Monzos, mum-zos!
Before you switch accounts to Bank of Scotland, check to see if you can grab a juicy switch bonus.
Learn all about how to get the latest switching offer from Halifax.
Learn all about how to get the latest switching offer from Nationwide.
Find out the cost and car insurance group of a Volvo XC40, and see how much you could pay based on age, location and model.
Find out the cost and car insurance group of a Mini Cooper S and see how much you could pay based on age, location and model.
Find out the cost and car insurance group of a Smart car, and see how much you could pay based on age, location and model.