Who can open Current Account:
- A Registered Company
- A Registered Financial Institution
- A Corporate
- Registered Charitable Organization in UK
- Registered Trusts in UK
- Any other Register Legal Entity
- The account can be opened in GBP (£) or USD ($) or EUR (€) currencies.
- Quarterly average balance of £500.00/$2000.00/€2000.00 is required based on currency of the account.
- Serviced by branch banking (visit to the branch)
- Free cheque books & free pay-in slips will be provided
- Free Account statement once every month through e-mail
- Free Internet Banking facility (View facility only)
- Free cash deposit up to £1000.00/$1000.00/€1000.00 per quarter
- Free set up of Standing Orders/Direct Debits
- Deposits guaranteed under FSCS subject to eligibility norms
- Transactions charges are applicable in the account
- Annual account maintenance charges are applicable in the account
- No interest is paid on the balances maintained in the current account.
£20.00/$50.00/€50.00 per quarter
£1.00/$1.00/€1.00 per page subject to minimum of £5.00/$5.00/€5.00 per statement request
£3.00/$3.00/€3.00 per thousand or part thereof, subject to minimum of £3.00/$3.00/€3.00
Free (View Facility Only)
£5.00/$7.00/€7.00 in respective currency of the account
£10.00/$10.00/€10.00 per statement
£10.00/$10.00/€10.00 per certificate
£10.00/$10.00/€10.00 per request
£2.00/$2.00/€2.00 per thousand or part of subject to minimum of £2.00/$2.00/€2.00
(Free up to £1000.00/$1000.00/€1000.00 per quarter)
£10.00/$10.00/€10.00 per return
£10.00/$10.00/€10.00 per cheque subject to a maximum cap of £50.00/$50.00//€50.00
£0.30/$0.30/€0.30 per transaction
£15.00/$30.00/€25.00 per instruction
£15.00/$15.00/€15.00 per presentation
£20.00/$20.00/€20.00 per letter
Bank Rate+12.00% Per Annum (P.A.)
Charges will be applicable as per currency of the account.
You may open current account with us either by visiting our branch in person or by sending completely filled and signed application forms with supporting documents to us.
Note: Online copies, mobile phone bills & credit card statement are not accepted.
To proceed for account opening, to download this form and submit it to below address:
Union Bank of India UK ltd
85 Queen Victoria street
For any assistance for opening of account, please contact us on +44(0)2073324250 or email us on email@example.com