UBA has 70 years of providing uninterrupted banking operations, dating back to 1949 when the British and French Bank Limited (BFB) commenced business in Nigeria. BFB was a subsidiary of Banque Nationale de Crédit (BNCI), Paris, which transformed its London branch into a separate subsidiary called the British and French Bank, with shares held by Banque Nationale de Crédit and two British investment firms, S.G. Warburg and Company and Robert Benson and Company.
It has subsidiaries in 20 African countries and offices in London, Paris and New York. With about 400 branches and huge Diaspora, international remittances are big business for UBA. At WorldRemit, we offer a bank transfer service that makes it quick and easy to send money directly to the accounts of UBA customers, from over 50 countries around the world.
How to transfer money to UBA
With WorldRemit, you can send in US dollars to UBA from 50 countries around the world using a computer, laptop or a smartphone. You may choose either direct bank transfer or cash pickup.
What’s the fastest way to send money to Nigeria?
With both types of money transfer, either bank transfer or cash pickup, your recipient will be able to access the funds, in US dollars, within an hour of the transfer.
Bank transfers to UBA in Nigeria
You can transfer money to current, checking and savings accounts with UBA, a simple and secure way to send money to support family & friends in Nigeria. Please make sure that the money transfer is made to a USD domiciled account. There’s a maximum transfer limit of 5,000 USD a day, although lower limits may apply depending on the country you make the transfer from and your chosen payment method.
How do you make a bank transfer to UBA?
Making a bank transfer to UBA with WorldRemit is simple, safe and takes no more than a couple of minutes. Just follow the steps below:
1. Visit our homepage and select Nigeria from the 'Choose a country to send to' dropdown list
2. Select 'Bank Transfer' as the preferred service
3. Select ‘UBA’
4. Enter the amount you want to send
5. Check the low fees and the exchange rate you’ll receive upfront
6. Enter your recipient’s details
7. Choose your payment method – Bank account, Credit/Debit card, SOFORT, INTERACT, POLI or iDEAL (web) and confirm the amount
8. You and your recipient will be alerted by SMS and email when the money is available
If your recipient does not bank with UBA, don’t worry. Just choose another bank on the list where your recipient holds an account.
If you need a USD account, it's easy to open one with UBA
Please ensure you have scanned copies of the following important documents:
- Passport size photo
- Utility bill (not more than 3 months old)
- Bio-data page of your passport
- ID card
- Completed reference form
- Signature mandate card
Wait for the bank to approve your application.
Send money for cash pickup to UBA in Nigeria
If your recipient needs quick access to cash, you might decide to send money for cash pickup to UBA.
The process is very similar to a bank transfer, but in this case, your recipient will be able to collect physical cash from any branch of UBA in Nigeria. The cash will be available for collection within minutes and a maximum of USD 5,000 is permitted per transfer.
1. Visit our homepage and select Nigeria from the 'Choose a country to send to' dropdown list
2. Select 'Cash Pickup' as the preferred service
3. Set ‘UBA’ as the payout-network
4. Enter the amount you want to send
5. Select a person you’ve sent to before or add the details of a new recipient
6. Choose how you want to pay
7. You and your recipient will receive SMS and email notifications when the money has been sent and collected
To collect the cash, your recipient will need the 8-digit transaction number that we will send by SMS when the funds are ready to collect. After supplying the 8-digit transaction number, we will also send an additional 7-digit code to your recipient’s mobile phone. They’ll need this code to collect the money.
The recipient will also have to show one form of official ID such as a Nigerian passport, a Nigerian driver’s licence or other government-issued photo ID.
Please note:
Please make sure you enter the right number for your recipient. If the number is incorrect, your recipient will not be able to pick up their cash at the pickup location. For example, if the recipient’s number is +234 1234567890, enter only 1234567890 in the mobile number field, without a zero as the first character.
