We understand Trust Accounts.

Savings solutions for trustees, who have control over assets or money provided by a settlor.

Why bank with us?

At United Trust Bank, we make Trust banking simple, flexible, and fee-free. Our Trust accounts are available to all types of Trusts, with no fees or charges. Enjoy same-day access to your account balance, and manage your finances effortlessly with while having multiple products.

Hold a Trust account with us already? Click here if you wish to open a further account.

UTB Trustee Reserve Account

The UTB Trustee Reserve account provides you with more flexibility with your funds for the day to day running of the trust and its assets.

Up to two monthly withdrawals per beneficiary assigned to the account straight to your own nominated bank account.

With a rate of 0.00% for balances up to £24,999.99, and a rate of 0.50% for balances £25,000+ (The interest rate is variable which means it can move up and down at the banks discretion)

There is a maximum balance limit of £100,000 per trust, with a selection of other products available.

Click here to find out more (here hyperlinked to the Product guide)

Explore Our Competitive Rates

Looking to make the most of your Trust’s finances? Don’t miss the opportunity to check out our competitive rates on both Trustee Reserve Account and standard Trust banking accounts.

Whether you’re seeking stability, growth, or flexibility, our tailored solutions are designed to support your Trust’s financial goals.

Click below to view our latest rates and discover how we can help your Trust thrive

What You’ll Need to Get Started

Opening a Trust account with us is simple. Here’s a quick look at what you’ll need to begin your journey with confidence.

We accept trusts that are already established with the relevant trust documents we are not involved in set up of a trust.

Trusts must be registered in the UK.

Trustees must be over the age of 18 years old

Further information around our accounts and criteria can be found in our terms and conditions here.

If you already hold a trust account with us or you have opened a trust account as an intermediary then please choose from the options below in order to apply for a new account:

Frequently asked questions

How do I attach a document via secure messaging?

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When you send us a message and need to attach supporting documents, for instance if you want to update your name, there will be an option just underneath the message box where you can find the file on your computer and attach it:

Please note that only PDF documents up to 6MB are accepted.

How do I change my contact preferences?

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You can change which methods of contact you prefer via online banking. Once you have logged in, please select ‘My Details’ then ‘Preferences’. You will then have the option of selecting which methods you want for both general contact and marketing communications.

How do I change my mobile security setting?

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To update your Two Factor Authentication (2FA) preferences, select ‘My Details’ and ‘Mobile Security’.

If you currently have SMS notifications and wish to opt for Push Notifications, you will need to download the SecurEnvoy Authenticator app from a relevant app store and proceed with Push Notification enrolment. An email will be sent to your registered email address with a one-time code to input on screen. To complete registration, scan the QR code when prompted using the SecurEnvoy Authenticator app.

If you currently have Push notifications and wish to opt for SMS Notifications, you will receive a one-time code and you can then proceed to enrol for SMS notifications.

How do I change my interest preferences?

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In online banking, select the account you wish to update and then select ‘My Linked Account’. Here you have the option to compound interest or to have it paid to your nominated bank account. Please note, you are only able to have interest paid back automatically if you have a Notice Account or a Fixed Term Bond over one year.

You will need to ensure you have selected a linked account to make any payments to your nominated bank.

For business and charity customers registered online, simply send us a secure message with the request. Please note, this must be in accordance with your account mandate, i.e. if changes require two signatories, we will need both to confirm before we update your preferences.

Ways to contact us

  • Login and send us a message via online banking
  • 020 7190 5599

    Monday – Friday 9am – 5pm

  • Freephone – 0800 083 2228

    Monday – Friday 9am – 5pm

  • United Trust Bank, One Ropemaker Street, London, EC2Y 9AW

  • Submit via our online contact form
  • Use our Help Centre to see if we can answer any of your queries online