Like it is known worldwide that the Christmas and New Year seasons are most celebrated festivals, one of the foremost financial institutions in the continent of Africa, United Bank for Africa, UBA, has brought a lot of changes to its corporate internet banking profile, which will inevitably enable all their customers bank with ease, in this yuletide season without been stressed.
And to ensure the benefit of the banking with ease to its large base of customers’ network, the Pan African global bank has put more control in place, as the bank has updated its corporate online banking with more features.
With the new updated features, which have made it not only simpler now, it’s more secured more in control to lessen the customers’ fear in doing transactions at this yuletide season where everything seems to be on the speed.
Now, for every customer of the bank, UBA is providing seven ways to enjoy this festive season with just a click. The 7 Unique ways are provided below:
Bulk Transfers: This is the sale of all or most of a company's inventory or other assets to another company. The acquiring company purchases the assets of the target without taking on any new liabilities. And this new features will enable UBA customers to make up to 30 transfers at the click of a button. Make large Salary and Vendor Payments with one click.
Fund Your Card: This is the ability to electronically fund a new account, business, or other venture by using a credit card. Credit card funding allows an individual or business to use a readily available source of funds, though the funds are being borrowed and, thus, carry an interest rate.
Proxy Cash Withdrawals: Authorize 3rd party withdrawals anywhere, anytime and it also requires converting the holdings of an account, plan, pension or trust into cash, usually through a sale, while an in-kind withdrawal simply involves taking possession of assets without converting to cash.
Send Bank Statements: Send up to a year’s bank statement straight to embassies.
Corporate Bulk Upload: Make stress free bulk salary and vendor payments.
Foreign Currency Transfer: This is a safe and secure way to make international payments that may be better value and faster than using the banking hall. The exchange rates offered by money transfer companies (brokers) can be better than the exchange rates offered by banks. Transfer foreign currency with ease. Transfer from your foreign currency accounts to other UBA accounts and other banks, locally and internationally.
Bills Payment: This will help customers that are using online bill payment that allows customers to pay bills without having to write checks and mail them and to stay connected always by automating all the regular payments like PayTV, electricity and utility bills from the comfort of your home.
Meanwhile, United Bank for Africa, with over 70 years of uninterrupted banking operations, has over 20 African subsidiaries, contributing about 20% of the Group’s balance sheet, with a target of contributing 50% on a quest to build the strongest domestic and African brand.