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Switching to Ulster Bank
Our dedicated team will help you every step of the way
When you switch your business account to Ulster Bank, one of our Relationship Managers from any Ulster Bank Branch/Business Centre will help you to complete the transfer paperwork. He or she will be your point of contact during the switching process. If you prefer, you can complete the switcher pack at your own convenience and bring it into any Branch or Business Centre.
Once we receive your application
Once your application to switch your account is approved by Ulster Bank, within 10 working days:
- Your new account will be up and running
- Your new lodgement and chequebook will be posted to you directly
- As long as you have sufficient cleared funds in your new current account, you can start using it immediately.
In order to complete the switching of your account, your old bank will provide Ulster Bank with information on your standing orders and direct debits 1. As soon as Ulster Bank sends the signed account transfer form (Form A) to your old bank the switching process begins and will be completed within 7 working days 2.
Switch your account to us with the Business Account Switcher Pack
To make it even simpler, we have created this Switcher Pack, which contains all the information you need to ensure that your account(s) are transferred quickly and smoothly from your old bank. The account switching service covers Euro denominated current accounts 3.
Download the following documentation:
- Business Account Switcher Pack
- Key Features Flyer
- Account Transfer Form - Form A
- Letter 1 - to request Credit Payments to your new Ulster Bank Account
- Letter 2 - to notify your non-domestic SEPA (Single Euro Payments Area) direct debit originators/creditors of your new Ulster Bank Account details
- If you have SEPA direct debits with a non-domestic direct debit originator/creditor, you will need to notify the direct debit originator/creditor yourself of your new account details
- We will always aim to meet these timescales. However, occasionally there may be exceptional circumstances beyond our control in which they cannot be met.
- The Switching Code does not cover accounts that need advance notice of withdrawal, that carry guarantees or other obligations, that are grouped to other accounts which are not being switched, loans, overdrafts or any other facilities that require a credit relationship between the business customer and the financial institution. Please talk to one of our Relationship Managers about these products.
