At PTSB, we understand that moving your bank can seem daunting. If you’re an Ulster Bank customer looking for a new bank to move your business banking relationship to, we’re here to support your move to us and all your Business Banking needs. So don’t just move, choose PTSB.
Please ensure you have read and reviewed all product information carefully before proceeding with your application.
Our Business Current Account allows you to manage your everyday business banking, with 24/7 access to your account through our online banking and Visa Debit Card.
Step 1: Start your application by completing the online form.
Step 2: Submit your application and receive an acknowledgement email. If your business is a Partnership or Limited Company and you have invited additional authorised individuals or signatories, an invitation email will issue to them. Once they have submitted their details, you will be required to log back in to finalise and submit your application.
Step 3: We will call you within 24 hours to arrange a branch appointment.
Step 4: Visit your chosen branch and verify your documents. All Beneficial Owners and any authorised individuals/signatories will be required to visit the branch to verify their documents.
Step 5: We will contact you to confirm your account is active (if no further information is required).
Business24 gives you access to your accounts 24/7. Log on from your desktop, laptop or tablet and enjoy a range of self service banking options designed to save you time.
For us, business banking is about supporting our customers on an individual basis. Our dedicated Business Banking Team is available through our extensive local branch network nationwide or over the phone to discuss the needs of your business.
Your Business Visa Debit Card allows you to lodge cash notes (no coins) and cheques and withdraw up to €1,500 a day at our Quickbank branch.
This provides the option to pay wages or suppliers in one transaction by uploading a payment file rather than setting up each transaction individually every month. This service is provided through Sentenial. For information on registering for Bulk Payments please get in touch with your local branch.
Quick and easy contactless payments using Apple Pay and Google Pay.
Manage your cash flow with a Business Overdraft. Talk to our dedicated Business Banking Team about adding an overdraft to your Business Current Account for a flexible working capital solution.
Business Overdrafts are subject to a facility fee charged upon set and annually thereafter. Security may be required, which may incur legal costs for the borrower. If you are applying for an overdraft for a Limited Company, we may ask for a Personal Letter of Guarantee (PLG) as security.
Step 1: Start your application by completing the online form and uploading your documents*.
Step 2: Submit your application and receive an acknowledgement email.
Step 3: You will receive an acknowledgement letter of your application within 5 days.
Step 4: We will call you within 3-5 working days to confirm your Approval in Principle and arrange your branch appointment.
Step 5: In the meantime, your Offer Letter will issue to you via post.
Step 6: Bring your proof of identity and address, along with your Offer Letter to your chosen branch (you must sign the Offer Letter in branch with a staff member).
*You will be required to provide 12 months financial statements and documentation confirming that your Tax Affairs are up to date and in order with no financial arrangements in place in all cases. If you do not upload your documents at the time of completing the online application form, we will ask for these documents at a later date.
Sole Trader application Partnerships application Ltd Company ApplicationDepending on your business type and your application, you may need to provide us with some supporting documentation when opening your Business Current Account and/or your Business Overdraft. Our team are here to help you along the way, but to find out what documents you may need click below.
View required documentsUlster Bank Sole Trader Business customers can now apply for a Business Current Account and Business Overdraft through our streamlined online application process. The application will take approximately 20 minutes to complete. However, should your application be interrupted, you can save and resume your application at a later stage. To ensure you are getting the best fit for your business needs, be sure to review all important information before applying online.
Sole Trader application
Ulster Bank Partnership Business customers can now apply for a Business Current Account and Business Overdraft through our streamlined online application process. This application will take approximately 20 minutes to complete. However, should your application be interrupted, you can save and resume your application at a later stage. To ensure you are getting the best fit for your business needs, be sure to review all important information before applying online.
Partnerships application
Ulster Bank Limited Company Business customers can now apply for a Business Current Account and Business Overdraft through our streamlined online application process. This application will take approximately 20 minutes to complete. However, should your application be interrupted, you can save and resume your application at a later stage. To ensure you are getting the best fit for your business needs, be sure to review all important information before applying online.
Ltd Company ApplicationFor more information on how we process your application and how you can appeal credit decisions, visit our Business Lending Support section.
Business Current Account Information: Accounts are subject to transaction fees and quarterly charges; please see our Terms and Conditions for further information. The process of opening an account is subject to proof of identification and address. See our Fees and Charges booklet for information on our fees.
Business Overdraft Information: Lending criteria and terms and conditions apply. Approval for a Business Overdraft is subject to repayment capacity assessment and other lending criteria. Over 18s and Republic of Ireland Residents only.
Your credit rating with PTSB may also be impacted where you have previously been refused an application for credit with PTSB.
Please see our Terms and Conditions and Personal & Business banking charges booklets for full details.
Whatever your business type, we’re here to support your move to PTSB.
Warning: The cost of your repayments may increase.
Warning: If you do not meet the repayments on your credit facility agreement, your account will go into arrears. This may affect your credit rating, which may limit your ability to access credit in the future.
