UBUK offers different business checking accounts for different size businesses:
- Business Checking
- Business NOW Checking
Business Checking
Manage your business with a Business Checking account
- Low minimum opening deposit: £500
- 24-hour ATM card access
- Receive monthly statements for recordkeeping and reconciliation
- Combined statement is free; you can archive documents and have the ability to see all your UBUK accounts on one statement
- No transaction charge
- No monthly fee if average daily ledger balance is £1,000 or more; £10 per month if below £1,000
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Business NOW Checking
Keep higher balances to earn interest while managing your cash flow
- Low minimum opening deposit: £500
- 24-hour ATM card access
- Receive monthly statements for recordkeeping and reconciliation
- Combined statement is free; you can archive documents and have the ability to see all your UBUK accounts on one statement
- Earn interest on your entire checking balance regardless of checking balance level; compounded monthly
- 40 free transactions, £0.20 per each additional transaction
- When average daily ledger balance is below £5,000, £15 monthly maintenance fee plus transaction fees noted above
