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UBA introduces online foreign currency transfer

Foreign currency transfer has taken a new dimension with the introduction of FX transfer capability on the UBA’s Online Banking platform U-Direct.

The new service allows the bank’s customers to transfer funds from their Domiciliary Account to any account in the world within 24 hours.

The commencement of this service could not have come at a better time, considering the anticipated flurry of remittance activities as the festive season sets in.

Dr. Yinka Adedeji, UBA’s Divisional Head of e-Banking said “our Customers can transfer money from U-Direct to any part of the world in record time.

“With this development, there is no need to fill forms or visit the Banking Halls any longer. This again underscores the importance we place on service innovation and customer fulfillment”.

To access this service, customers need to have a Domiciliary Account with UBA.

This has been made easy with the online account opening scheme available onwww.ubagroup.com/aop.aspx.

Beyond FX transfer, U-Direct also enables customers to conduct their banking transactions on their personal computers, laptops or tablets. .

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