Ulster Bank Deposit Accounts
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Money Desk Deposit

Money Desk Deposits are fixed term deposits with interest rates linked to the daily money markets. Money market rates are the interest rates that we quote you before you place your funds in a Money Desk deposit.

Key Benefits

  • Fixed Interest rates giving you peace of mind knowing that your interest rate will not change during the term
  • We offer a range of terms from 1 week to 2 years
  • For fixed term deposits of greater than 1 year, you have the option of having your interest paid monthly

Key Features

  • Place your funds in a Money Desk deposit from  €25,000
  • No upper limit on how much you can hold on deposit
  • No withdrawals or additional lodgments are allowed during the term

For administration purposes, an Instant Access Account (i.e. an account that does not require notice of withdrawal) is required with Ulster Bank in the same name as the Money Desk deposit, if you do not hold one already. The Instant Access Account will be used for the processing of funds placed on and maturing from the Money Desk deposit, together with interest due.

Please read the Terms and Conditions for Money Desk Deposits.

Find out more

Speak to one of our Commercial or Relationship Managers to discuss your Deposit Account needs. Contact your local Branch/Business Centre.