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

K20 opening balance
K20 minimum operating balance
Lodgment of dividend warrants and cheques

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

    Passport photograph

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

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

  • Internet Banking
  • Maximum Security
  • Transaction Notifications
  • Chat Banking

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