Savings Accounts

With our savings account platform, we enable you have a bright future by saving extensively with interests incurred.

Everyone is different so one size never fits all

That is why we have a wide range of accounts to fit everyone, regardless of situation or lifestyle. So whether you want a basic account or one bursting with options, you will find the right account that meets your expectations.

Savings Account

Take the first step towards managing your money better.
There is a UBA Savings account suitable for everyone.

Flexible opening balance
• Third party transactions allowed
• Unlimited number of withdrawals
• Withdrawal either by cheque or withdrawal slip
• Attractive interest rates
• Flexible operating balance
• Access to digital banking products & services

Initial opening balance
Minimum operating balance
Lodgment of dividend warrants and cheque

    A valid ID (international passport/driver’s license/National Registration Card)

    Passport photograph

    Utility bill (not necessary if parent company has a UBA account)

UBA Kiddies Savings Account

It’s never too early to get them started, open a UBA kiddies account and enjoy amazing benefits. The kiddies Account allows parents to start saving for their kids as soon as they are born, and as they grow older, educate them about money and savings.

The UBA Kiddies Savings account is designed to assist parents to educate Kids between  0 – 12 years on financial literacy and introducing them to money management.

• Initial opening balance 
• Fully completed account opening pack
• Fully completed Signature mandate card
• Valid IDs : NRC/Passport /Driving Licence for the Parents / Guardians
• Affidavit for Guardians
• Child birth record
• 2 Passport size photographs for Signatory and the Child
• Proof of residence for the parents / guardians
• Reference letter from any account holder.
• TPIN Certificate and complete KYC

• Allows direct deposits and cash transfers
• Allows lodgement of dividend warrants and cheques
• Monthly maintenance fee zero
• Maximum of 3 withdrawals per month if exceed forfeit the interest earned

UBA Teens Savings Account

Give them a platform to financial freedom. This account exists to give Teens some freedom with money, so they can dream, learn and develop into the right kind of adult.

 

Initial opening balance 
Fully completed account opening pack
Fully completed Signature mandate card
Valid IDs : NRC/Passport /Driving Licence for the Parents / Guardians
Affidavit for Guardians
Child birth record
2 Passport size photographs for Signatory and the Child
Proof of residence for the parents / guardians
Reference letter from any account holder.
TPIN Certificate  and complete KYC

• Allows direct deposits and cash transfers
• Allows lodgement of dividend warrants and cheques
• Monthly maintenance fee zero
• Maximum of 3 withdrawals per month if exceed forfeit the interest earned

UBA NextGen Savings Account

The UBA NextGen is uniquely designed for young people. It is intended to enhance the lifestyle of Millennials while providing a platform to build financial independence. This  Savings account is designed for  Zambian Millennial to enable them save money more regularly.

•Initial opening balance 
•Fully completed account opening pack
•Fully completed Signature mandate card
•Valid IDs : NRC/Passport /Driving Licence for the signatory
•2 Passport size •photographs for Signatory
•Proof of residence
•Reference letter from any account holder.
•TPIN Certificate and complete KYC

Minimum initial opening balance 
Minimum operating balance 
No maximum deposit
Allows direct deposits and cash transfers
Allows lodgement of dividend warrants and parents cheques only
Cheque book not allowed
Fixed ATM fee of ZMW3 using UBA ATM
Monthly maintenance fee free
Maximum of 3 withdrawals per month if exceed forfeit the interest earned

UBA Bumper Account

This is an account for salary earners, professionals, students, entrepreneurs and all other individuals.

Initial opening balance
Fully completed account opening pack
Fully completed Signature mandate card
Valid IDs : NRC/Passport /Driving License for the signatory
2 Passport size photographs for Signatory
Proof of residence
Reference letter from any account holder.
TPIN Certificate and complete KYC

Minimum initial opening balance 
Minimum operating balance
No maximum deposit
Allows direct deposits and cash transfers
Allows lodgement of dividend warrants and parents cheques only
Cheque book not allowed
Monthly maintenance fee free
Maximum of 3 withdrawals per month if exceed forfeit the interest earned

For Students

We have unique savings accounts for the students with a distinctive sense of identity.

Requirements

• A valid means of ID (international passport/driver’s license/National Registration card)
• 1 passport photograph each for child and parent
• Birth certificate of child
• Utility bill of the parent
• Evidence of secondary school admission/secondary school student’s ID

Requirements

    Evidence of admission (school ID/admission letter/ student biodata form)

    A passport photograph required

For Children

Would you like to open an account for your child?

    A valid means of ID (international passport/driver’s license/National Registration card)

    Passport photograph of child and parent

    Birth certificate of child

    Utility bill

For Employee

Are you self employed?
Take the first step towards managing your money better.

A valid form of ID (International passport/Driver’s license/National ID/Voter’s card)

    Employee ID (low KYC account opened in the absence of international passport/driver’s license/National ID/voter card)

    Letter of Introduction from employer

    A passport photograph

    Utility bill (not necessary if applicant’s company has a UBA account)

For Self Employed

Are you self employed?
Take the first step towards managing your money better.

• A valid means of ID (International passport/Driver’s license/National Registration card)
• Passport photograph(for business, one for each of the owners)
• Utility bill (not exceeding 3 months old)
• Certificate of Incorporation/Registration/CBN License (for business enterprise)
• Two references from current account holders

Expatriate/Diaspora

Are you an employee?
Take the first step towards managing your money better.

International passport
• Resident permit/work permit
• One passport photograph
• Utility bill (not exceeding 3 months old)/previous 6 months bank statement)
• Proof of source of funds (recent pay slip/work ID/letter of reference from current bankers/business registration documents if self-employed)
• Attestation of all required documents by notary public, embassy of home country, UBA staff or customer’s bank
• Duly signed indemnity form for electronic communication

All UBA accounts come with

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