Important Notice about Closure to New Business
Update on Ulster Bank Ireland DAC presence in the Republic of Ireland.
We remain open for all existing business customers' needs and requirements only.
For more information click here.
Foreign Currency Account Rates
All rates are subject to variation and are correct at 1st October 2023.
Foreign Currency Call Deposit Account - Credit Interest Rates
UK Sterling (GBP)
US Dollar (USD)
Canadian Dollar (CAD)
Swiss Franc (CHF)
Australian Dollar (AUD)
Japanese Yen (JPY)
Hong Kong Dollar (HKD)
Swedish Krona (SEK)
Danish Krone (DKK)
Norwegian Krone (NOK)
South African Rand (ZAR)
New Zealand Dollar (NZD)
Singapore Dollar (SGD)
Polish Zloty (PLN)
Hungarian Forints (HUF)
Turkish Lira (TRY)
Thai Bhat (THB)
Foreign Currency Current Account – Unarranged Borrowing Rates
The arranged overdraft rate is set at a percentage above the Reference Rate of a relevant currency. This percentage is detailed in the Facility Letter and specific to each account. The unarranged borrowing rate is set at a fixed margin of 4% above the Reference Rate of the relevant currency.
Reference Rates (variable)
|
Rate %
|
---|---|
UK Sterling (GBP) |
5.2500% |
US Dollar (USD) |
5.3750% |
Canadian Dollar (CAD) |
5.3800% |
Swiss Franc (CHF) |
1.2500% |
Australian Dollar (AUD) |
4.0513% |
Japanese Yen (JPY) |
-0.1000% |
Hong Kong Dollar (HKD) |
5.3966% |
Swedish Krona (SEK) |
4.0330% |
Danish Krone (DKK) |
3.9033% |
Norwegian Krone (NOK) |
4.4900% |
South African Rand (ZAR) |
8.2580% |
New Zealand Dollar (NZD) |
5.6200% |
Singapore Dollar (SGD) |
4.0250% |
Polish Zloty (PLN) |
5.9600% |
Hungarian Forints (HUF) |
12.9600% |
Turkish Lira (TRY) |
14.5938% |
Thai Bhat (THB) |
2.5473% |
For more information on the Bank of England Base Rate please visit www.bankofengland.co.uk.
Gross is the interest rate paid before the deduction of tax.
Annual Equivalent Rate (AER) illustrates what the interest rate would be if paid and compounded each year.
All returns are subject to Deposit Interest Retention Tax (DIRT). Under current legislation, the effective DIRT rate is 33%.