Northern Bank UK

 

 

Northern Bank UK, established in 1824, is one of the leading commercial banks in Northern Ireland. Also a part of the “Big Four” banks, it has the authority to issue its own banknotes. Northern Bank offers a wide range of banking services to individuals as well as businesses and corporate clients.[br]

 

Northern Bank UK: Personal Product Line

Some products and services offered by the bank to individuals include:

 

• Day-to-day banking: Northern Bank UK provides a comprehensive range of day-to-day products and services, from standard offerings like current accounts and cards to special services like foreign exchange.

• Loans and Mortgages: Northern Bank UK offers different financing options, which include personal loans, car financing and home loans. The bank also offers mortgages on properties, which are not intended as principal residence. Instead, they are purchased for either letting out or using as a holiday home.

• Insurance: Besides general and life insurance, the bank also offers a special insurance scheme for individuals to cover for loss of income. The ‘Income Protection’ plan ensures that the insured individual’s standard of living is not compromised due to loss of income, which could be a result of illness, injury or retrenchment.

 

Moreover, customers can approach the bank and request for various private banking services, from wealth management to treasury and forex market services. 

Northern Bank UK: Options for Businesses

Northern Bank UK maintains a complete range of services to suit specific needs of small business as well as established corporate houses, including:[br]

 

• Corporate cards: Northern Bank UK, in association with MasterCard, offers credit cards for businesses in three versions, classic, gold and platinum. These cards come with a wide range travel benefits, which cover business as well as personal travel of the employees of an organization.

• Invoice finance: This caters to the most important aspect of a business, cash flow. Invoice Finance enables to convert up to 85% of the value on sales invoices into cash instantly. Therefore, it enables a business to maximize the value of cash available in hand.

• Asset finance: The bank provides leasing for a wide range of business assets, from plant and machinery to office equipment.

 

Additionally, Northern Bank UK maintains a comprehensive e-Banking system, enabling customers to not only check their account and pay bills/cards, but also transfer funds between accounts and trade shares.