Currency Exchange Rates

Ulster Bank is closing, and our team has begun to close current and deposit accounts. We have noticed a material reduction in transactions being undertaken in these currencies and are moving to withdraw the currencies from our Digital Banking propositions (Anytime Banking, Mobile Banking and Bankline).

On 22 September 2023, Ulster Bank will begin the removal of Foreign Currency payments from online channels. Initially, Ulster Bank will remove 7 Currencies;

• Czech Koruna
• Hungarian Forint
• Indian Rupee
• Polish Zloty
• Thai Bhat
• Turkish Lira
• United Arab Emirates 
• Dirham

Yes. Although we are removing the feature of making payments in these currencies, you can still send payments internationally using other currencies such as US Dollars (USD), Euro (EUR) of Sterling (GBP). Your recipients bank may charge for conversion or receipt in another currency.