Current Account is a Demand Deposit Account (DDA) in which funds deposited are payable on demand either in person or by presentation of a cheque/ bank draft, direct debit, electronic fund transfer etc.

Features

• Chequebook issued on account
• Withdrawals are subject to COT charge in line with banker’s tariff (negotiable)
• Interest charged on account debit balance
• Cheque/ cash withdrawal or lodgement
• Unlimited number of cheque transactions

Benefits

• Interest can be paid on account credit balance
• Monthly statements of account
• Standing order instructions
• Free debit card
• Access to internet and mobile banking
• Access to UBA Master Card
• Access to retail credit product

Documentation Requirements

• Two References
• Utility Bills
• An acceptable means of identification using any of the following documents:
  (a)  Valid Nigerian Driver's license
  (b)  Latest Employers's ID
  (c)  Residence permit issued by the Immigration authorities for foreign residents{if applicable)
  (d)  National ID card
  (e)  International Passport.
• Two mandate cards
• Two recent passport photographs
• Know-Your-Customer (KYC) Form
• Address verification.
• Completed account opening package
• Valid resident permit of each expertrait signatory
• Certificate of Bussiness registration
• Search Report
• Partnership agreement deed(if any)