Business Start-Up

How you benefit

• Free lodgements, Direct Debit and standing order payments

Important things to note

• Business Current Account must be used as main account for the period of the fee reductions
• Charges for additional services apply, see brochure 'A Guide to Business Current Account Fees' for more information ³
• Not eligible when account is not kept in credit or within overdraft limits ⁴

³There will be no domestic transaction and account maintenance fees on Business Current Accounts for 2 calendar years from the date the account is opened. Standard charges will apply at the end of the 2nd anniversary quarter. If during the first calendar year account turnover exceeds €1m then standard charges may be levied in the second year.
An account maintenance fee of €5.08 per quarter will apply once the promotional period ends.
Charges for additional services apply, see brochure 'A Guide to Business Current Account Fees' for more information.

⁴Fee reductions will commence immediately however if the Ulster Bank Business Current Account is not kept in credit or within agreed overdraft limits then standard charges may be levied, including retrospective charges which would normally have been applied to the account from commencement of the charging quarter during which this occurs.

How you benefit

• A single view of your real time cash position
• Facilitates domestic and international payments with later cut off times
• Secure payment controls

Important things to note

• Charges for additional services apply, see brochure 'Schedule of Services - Payment and International Banking Charges' for more information ⁵
• Please refer to a Commercial Manager for information on Bankline subscription fees after 1 year
• Terms and conditions apply, for more information click here

⁵The Bankline monthly subscription fee for the Bankline Payments Package will be waived for one year from the date of account opening. Thereafter the standard monthly subscription fees for the Bankline Payments Package will apply. The Bankline Payments Package does not include the standard repayment transaction fees which will continue to apply.

How you benefit

• Helps you get the equipment in place to get started
• Works assets harder without draining your cash-flow

Important things to note

• Charges for additional services apply, see www.lombard.ie for more information
• Offer applies to Lombard new business customers under 36 months ⁶
• Offer valid for business purposes only

⁶Fee reductions will also apply to new business transacted with Lombard. The first arrangement fee will be waived. Further fee reductions do not apply to existing business transacted with Lombard.

How you benefit

• Access to interest-free credit
• A universally accepted method of payment
• On-line spending reports
• Clarity and control on cardholder spending

Important things to note

• Business cards are for business purchases only
• Charges for additional services apply, speak to a Commercial Manager or visit www.ulsterbank.ie/businesscard for more information ⁷
• Interest-free credit available for 37 days on purchases depending on date of transaction and payment of monthly balance in full and on time (by Direct Debit)
• Please refer to a Commercial Manager for more information on fees and charges after 1 year and interest rates payable after 37 days, or visit www.ulsterbank.ie/businesscard for more information

⁷The annual Business Card fee will be waived for 12 months only and after the 12 month period the account will be charged an annual fee of €30 on that anniversary and each anniversary thereafter for the following 12 months. Please note that other ancillary fees and charges apply from the date of account opening as set out in the Business Card terms and conditions. Please note Government Stamp Duty charge of €30 will apply to each Business Card account.

How you benefit

• Allows your business to accept card transactions facilitating quicker payments
• Avoid having to handle high volumes of cash or cheques
• Makes administration easier

Important things to note

• Charges for additional services apply, please speak to a Business Manager for more information or visit our partner Streamline's dedicated website at www.streamline.com/ireland ⁸

⁸The joining fee/arrangement fee for Merchant Services will be waived. Please note that all other ancillary fees and charges apply from the date of account opening as set out in Streamline's Merchant Services Terms and Conditions.

How you benefit

• A range of flexible loan options
• Ulster Bank's experience from helping over 4,000 new businesses each year
• Up to €30,000 for business development purposes where Personal Guarantees will not have to be backed by assets

Important things to note

• Loans for business purposes only and subject to availability
• Each case taken on individual basis, subject to security and arrangement fees, applicants must be over 18 years old
• Lending criteria terms and conditions apply

The Start-up loan rate is a variable rate of 4.1% (unless a specified fixed rate agreement is entered into between the customer and the bank), and will change in line with movements in AA1 rates. The Ulster Bank AA1 rate is one of Ulster Bank's variable debit interest rate categories. The rate can be found on www.ulsterbank.ie/lendingrates. Rates are subject to change, without notice, as rates increase.

How you benefit

• Peace of mind and convenience through a banking partnership offering a "one stop shop"for your financial needs
• Additional financial planning options available e.g. Business Protection and Personal Finance Protection

Important things to note

• Personal banking options can be explored with your Commercial Manager
• Terms and conditions apply