UBL Freelancer Account
ubldigital.comSummary
UBL Freelancer Account is a banking product designed for freelancers in Pakistan, offering both a local currency current account and a foreign currency account (ESFCA). It allows freelancers to retain foreign currency earnings and provides a foreign currency debit card, along with other banking services and benefits.
Features6/15
See allMust Have
3 of 5
Transparent Low Fees
Multi-Currency Account
Borderless Debit Card
Mid-Market Exchange Rate Transfers
Fast Transfer Execution
Other
3 of 10
Mobile App
Regulatory Compliance
Customer Support
Batch Payments
API Integration
Real-Time Rate Alerts
Business Account Features
Invoice Creation
Spending Analytics
Multi-User Access
Rationale
UBL Freelancer Account offers a foreign currency account (ESFCA) which allows retention of funds in multiple currencies (USD, GBP, EUR, AED), aligning with the 'multi-currency-account' feature. It also offers an FCY Visa Business Debit Card on ESFCA, matching 'borderless-debit-card'. The website mentions 'Preferential FX Rates' and 'Free General Banking Services' which suggests transparent and potentially low fees, though not explicitly 'mid-market exchange rate'. The 'Schedule of Charges' link implies transparency. The UBL Digital App is mentioned, indicating a 'mobile-app'. As a regulated bank, 'regulatory-compliance' is inherent. 'Speak to UBL' and 'Customer Protection' indicate 'customer-support'. However, the core value proposition of 'mid-market exchange rate transfers' is not explicitly stated, and the focus is more on account holding rather than international transfers at the mid-market rate. The transfer speed is also not mentioned.