Current Account Conversion Form

Please read before you confirm:

1) If you are converting from Current (TUSA) Account, Prestige HICA Account or Switch Current Account, you are currently not charged a fee for maintaining the account, day-to-day transaction fees, overdraft setup/ renewal fees etc. If you convert into this new account, you will lose all features and benefits available on your existing account type. These include, but are not limited to, charging structure, fee exemptions, credit interest etc. (as applicable) and you will not be able to convert back to your original account type at any point in the future.

2) For all other product types, by converting to this new account type you will lose all features and benefits on your existing account type. These include and are not limited to, charging structure, fee exemptions, credit interest etc. (as applicable) and you will not be able to convert back to your original account type at any point in the future.

3) By converting into this new account the features, charges and benefits that are linked to this account are subject to change. If you are converting to a personal current account (excluding a My Cash or Student Current Account) the benefits currently available on this account (including cash earned when you use your debit card, pay by Direct Debit with one of our partners, Mortgage Cashback Payments or card linked offers) if applicable, and the partners that are linked with this account are also subject to change.

4) If you are converting from an Explore Account to another account type, you will lose your entitlement to any Spend and Save Rewards and any Mortgage Cashback Payments which are pending but which have not yet been paid into your Explore Account.

5. If you are not satisfied with any changes to the terms of the account, you may close the account or alternatively convert to another current account (if available at that time).  

I confirm that I have been made aware of the impact of converting my account to this account.

I / We hereby request that my/our Account is converted by PTSB to a current account of the type described above (the Account) to be operated in my/our personal capacity and not in relation to my/our trade, business or profession. I /We agree that the Bank’s Current Account "Terms & Conditions and Personal & Business Banking Charges" booklet from time to time in force shall govern the Account.

I /We have also read the Bank's Terms of Business Letter. I/We have also read the Bank's current "Terms and Conditions and Personal and Business Banking Charges" booklet and the Data Protection Notice and have had an opportunity to become acquainted with, have understood and agree to be bound by the “Terms and Conditions and Personal & Business Banking Charges" in relation to the facility applied for above, which may be amended from time to time.

I / We acknowledge that I have read the Deposit Information Sheet.

I /We hereby acknowledge that the Bank may refuse to convert the account without stating any reason

I/We acknowledge and confirm that the information and/or any consent (where given by me/us) for the Consumer Credit Act 1995 as attached to this application are for the purpose of my/our application to convert this account.

I / We have had the necessary time to consider and query the information provided to me in relation to my application.

Using your Personal Data

In providing personal banking services to you, we need to process personal data about you. This involves asking you for specific personal data, processing personal data and storing it for a period of time. An explanation of how your personal data is used in the provision of our services to you, our running of the bank and your rights in relation to your personal data is provided in the summary Data Protection Notice.