Fixed Term Accounts | Business Banking | Ulster Bank


Fixed term accounts

Enjoy fixed interest rates

Over 18s only.  Terms and conditions apply.

Fixed term deposits Money Desk Deposit

A fixed term deposit with interest rates linked to the daily money markets. Money market rates are the interest rates that we quote you before you place your funds in a Money Desk Deposit.

Key benefits

  Fixed interest rates giving you peace of mind knowing that your interest rate will not change during the term

  We offer a range of terms from 1 week up to 2 years

  No upper limit on how much you can hold on deposit


Key features

  Place your funds in a Money Desk Deposit from €25,000

 For fixed term deposits of greater than 1 year, you have the option of having your interest paid monthly

  No withdrawals or additional lodgements are allowed during your chosen term

Important information

For administration purposes, you are required to open a servicing account with us in the same name as the deposit. The servicing account will be used for the processing of funds placed on and maturing from the deposit, together with interest due. If you already operate an instant access account (i.e. an account that does not require notice of withdrawal) with us in the same name as the deposit, this can be used as the servicing account. You will not incur any additional charges for using your instant access account as a feeder account.

If you do not operate an instant access account with the Bank in the same name as the deposit, you are required to open an alternative servicing account i.e. a Business Service Account.  You are not required to use the Business Service Account for purposes other than processing your deposit.  There are no charges to the Business Service account as outlined within the Business Banking Terms and Conditions below.

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General enquiries

1850 211 690 (Republic of Ireland)

0345 366 5592 (UK)

Or if calling from abroad 0044 2890 538459

Lines are open 8.30am - 5:30 pm  Monday to Friday - Note calls may be recorded

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