Ulster Bank Money Transfer Services - International Payments

Ulster Bank


Margin Rate3% TO 5%
Minimum Transfer5000
Transaction Fees30
Transfer FundsSameday to 7 days
FCA Reg Numberyes

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More Information

Ulster Bank Money Transfer Services?
Ulster Bank is a wholly owned subsidiary of Ulster Bank Limited. It belongs to The Royal Bank of Scotland Group Plc. And fully regulated bank by the by the Central Bank of Ireland. Ulster bank offers a wide range of services to small business, corporate market product, personal banking and financial planning services.

How it works using Ulster Bank Money Transfer Abroad?
To use Ulster Bank’s Forward Foreign Exchange services, your business has to sign legally binding contracts that allow you to fix an exchange rate. The exchange rate determined after consultation with professionals who provide you with guidance to help reduce risks.

No charges for entering a forward currency exchange contracts when using Ulster Bank Money Transfer Abroad. The exchange can be determined by a lot of factors but not limited to, the liquidity of the currency, Forex volatility, and the interest rates for each currency and the size of the transactions. However, you are required to have a fixed FX limit, in the contract. These contracts are specifically for fixed maturity timelines. The Forward FX date Option allows the clients to choose the maturity in between two specified dates

Ulster Bank Money Transfer Abroad services give you professionals who help you in managing your contracts and accounts. They will help you identify the foreign exchange risks of your business. You will then get fully need tailored solutions that will help your business have fully managed FX transactions. However, you cannot make any adjustments to the contracts when favourable exchange rates become available on the market.

Ulster Bank Money Transfer Abroad Features?
Ulster Bank Money Transfer Abroad hedging FX forward solutions help your business stay protected against adverse movements that will bring negative impact on your finances.


Ulster Bank Money Transfer Reviews

  1. Open an account
    To create an account with Ulster Bank money transfers services, you can register online in minutes, which will enable you to make or manage your money transfers 24/7. During registration Ulster Bank money transfers services will need to know some basic information about you, along with your reasons for transferring money.

Once you have completed your registration, you will receive an email to activate your account and will be on the way to making your first transfer.

  1. Remittance information
    Once you have access to our online payments system, all you will need to do is tell us the recipient’s account details, the currency and the country which you are sending funds and the amount you need to send.

  2. Live quote
    Based on your remittance information, Ulster Bank money transfers services system will give you a live quote, so you will know exactly how much currency your recipient will receive.

  3. Payment
    Once you are happy to proceed, you will need to choose a method of payment. Ulster Bank money transfers services have made this as convenient as possible. You can choose to pay by credit card, debit card or bank transfer.

Not only is transferring money simple with Ulster Bank money transfers services but it is also secure and cheap, so you get the best price and your money is always.


Ulster Bank International Payment Services

Ulster Bank Money Transfer overseas can do money transfers to any bank in the world, you can do a money transfer using Ulster Bank if you are an existing customer where you can secure a better exchange rate with reduced charges if you have an Ulster international bank account.

One of the main benefits of an international account is that accounts can be in euros, sterling and US dollars and with credit and debit cards in different currencies, making exchanging currency between your bank accounts instantly plus at the best possible rate. The Ulster Bank table below displays the currencies and exchange rates for Ulster daily updated. You can also use Ulster Exchange Rates converter to get the latest conversion rates to or from Sterling.

Foreign exchange services?

Businesses importing or exporting can be affected the volatile exchange rates and can negatively affect their finances. Ulster Banking services offer foreign exchange services to small businesses and organizations. The bank offers online hedging solutions that will enable you to set a fixed exchange rate helping you eliminate uncertainties in the costs of any further foreign exchange.

The bank also provides cheap and very effective solutions for businesses. Firstly, clients can make standard outward foreign exchange payments without being charged any transaction fees. Secondly, the offer is free in all the payment methods; bank line and electronic transactions anytime. These foreign exchange solutions are suitable for a business involved in trading internationally, sending and receiving money internationally or companies with foreign exchange accounts or with assets abroad. With Ulster foreign exchange solutions you will have a greater certainty over your incomes and costs and any.

Ulster Bank Exchange Rates

All money transfer orders executed automatically with the use of advanced payment systems. You only need to know the details of the receiver's bank account (IBAN - International Bank Account Number) and receiver's bank (BIC - Bank Identification Code).

The currency converter and exchange rate board contain indication rates only and updated daily by Ulster Bank Money Transfer overseas. These rates exclude any other associated charges which may apply. Please ask your Ulster Bank branch for details of Ulster Bank exchange rates before you make the transaction.

Clients enjoy free professional consultancy and help in planning and making advance budgets enabling you to know exactly the costs before making any transactions. You will enjoy standard rates no matter what happens.

The disadvantages of using FX forward solutions include. Usually the charges and the uncertainties that your business exposed to whenever the contract. Terminated or cancelled or undergoes modifications. For example, when an ongoing transaction delayed or cancelled. You will have to pay for an extension of the contract or pay the contract cancellation fee. Additionally, bound by your contract terms; no benefits from positive exchange rates for your business.

Generally, Ulster Bank Money Transfer overseas hedging solutions will help your business have control over the foreign exchange volatility, make financial forecasts with certainty and make plans with confidence.

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Company Details

11-16 Donegall Square East,BT1 5UB

Tel: 028 9027 6000

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