Are you a bank customer tired of
paying COT on your current account?, then a UBA Lion Prime account is just your
ideal solution. By opening a Lion Prime Current Account with UBA, customers will
not only enjoy COT free transactions but also receive interest on their account balance.
paying COT on your current account?, then a UBA Lion Prime account is just your
ideal solution. By opening a Lion Prime Current Account with UBA, customers will
not only enjoy COT free transactions but also receive interest on their account balance.
UBA has introduced the account in
response to requests by customers for an account that enables them to carry out
high volume transactions without incurring charges.
response to requests by customers for an account that enables them to carry out
high volume transactions without incurring charges.
The account is perfect for small
business owners, self employed professional and business executives,
entrepreneurs, non-governmental organisations (NGOs), religious organisations,
schools, as well as societies and associations.
business owners, self employed professional and business executives,
entrepreneurs, non-governmental organisations (NGOs), religious organisations,
schools, as well as societies and associations.
The Lion Prime Account comes in
variants which have been specifically structured to meet the needs of different
members of the society in such a way that it matches their expectations.
variants which have been specifically structured to meet the needs of different
members of the society in such a way that it matches their expectations.
Ms. Olumide Osunyomi, Head of UBA’s
Retail Products unit says that “the Lion Prime Account double benefit system is
its significant advantage, in that you earn interest on your current account
balance while enjoying COT free transactions”.
Retail Products unit says that “the Lion Prime Account double benefit system is
its significant advantage, in that you earn interest on your current account
balance while enjoying COT free transactions”.
She explained that the account is
ideally designed for the cost sensitive business or individual especially,
“Schools, NGOs, Religious Organisations, Societies and Associations will find
the Lion Prime Current Account particularly attractive and well suited to meet
their needs due to the nature of their operations” which essentially involves
collections and payments.
ideally designed for the cost sensitive business or individual especially,
“Schools, NGOs, Religious Organisations, Societies and Associations will find
the Lion Prime Current Account particularly attractive and well suited to meet
their needs due to the nature of their operations” which essentially involves
collections and payments.
“The account is also suitable for
small businesses, self employed individuals, sole proprietors, small partnerships”,
she said.
small businesses, self employed individuals, sole proprietors, small partnerships”,
she said.
Customers who operate the Lion
Prime current account will also have access to the array of e-banking products
available to all UBA account holders. Account holders will have to access to the bank’s online banking
platform, U-Direct which will enable them carry out a large proportion of their
banking transactions online without physically visiting any branch of UBA.
Prime current account will also have access to the array of e-banking products
available to all UBA account holders. Account holders will have to access to the bank’s online banking
platform, U-Direct which will enable them carry out a large proportion of their
banking transactions online without physically visiting any branch of UBA.
UBA had earlier re-launched a
hybrid savings account called U-Gold. The U-Gold savings account allows customers to
issue cheques for third party withdrawals just like they would be able to do
with a current account.
hybrid savings account called U-Gold. The U-Gold savings account allows customers to
issue cheques for third party withdrawals just like they would be able to do
with a current account.
U-Gold is reserved for customers
that want to have a low cost savings account but desire the convenience offered
by a current account.
that want to have a low cost savings account but desire the convenience offered
by a current account.
Though U-Gold is a saving account,
account holders can still issue cheques to other people to withdraw money
directly from their accounts. Cheques on
the U-Gold account are however not eligible for clearing purposes as they must
be cashed in person by the bearer.
account holders can still issue cheques to other people to withdraw money
directly from their accounts. Cheques on
the U-Gold account are however not eligible for clearing purposes as they must
be cashed in person by the bearer.
U-Gold makes it easier for the account holder
to carry out banking transactions without having to visit the bank always.
to carry out banking transactions without having to visit the bank always.
A U-Gold savings account can be
opened with a minimum of N5, 000.00 only, giving account holders access to
UBA’s range of cost saving e-banking products and services like internet
banking, a personalized debit card among others.
opened with a minimum of N5, 000.00 only, giving account holders access to
UBA’s range of cost saving e-banking products and services like internet
banking, a personalized debit card among others.
United Bank for Africa (UBA) is a
pan-African bank with operations in 19
African countries including Nigeria, as well as offices in New York, London and
Paris providing broad-based banking
services to over seven (7) million customers.
pan-African bank with operations in 19
African countries including Nigeria, as well as offices in New York, London and
Paris providing broad-based banking
services to over seven (7) million customers.
The Group offers a bouquet of
banking services and products designed to meet the specific banking needs of
its diverse multi-cultural and multi-lingual customer base in three uniquely
different continents.
banking services and products designed to meet the specific banking needs of
its diverse multi-cultural and multi-lingual customer base in three uniquely
different continents.
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