Fidelity bank banner Bayelsa State banner
UBA increases international spend limit on Naira Cards to $2,000

By News Express on 20/07/2017

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 666

•UBA Group MD Kennedy Uzoka.
•UBA Group MD Kennedy Uzoka.

Pan-African financial institution, United Bank for Africa (UBA) Plc, has announced an immediate upward review of the monthly international spend limit on its debit and prepaid Naira cards from $100 to $2,000.

The upward review, which represents a marked increase by 1,900 per cent, allows customers to withdraw up to $2,000 per month as against $100 which was obtainable previously.

This, the bank said, has been done in response to the growing demand for higher limits by customers who make international transactions. It is also an indication of the improved confidence in the Nigerian economy as shown by increased foreign exchange in the financial system.

The Executive Director, Operations & Technology, UBA, Mr. Chukwuma Nweke, who announced the review in a statement issued on Wednesday in Lagos, explained that the move is intended to enable more convenient and seamless transactions when making purchases outside the country.

He said: “This is in recognition of the customers needs and expectations. The new limit has been implemented.”

According to Nweke, with the significant review, customers will now be able to carry out enhanced cross border transactions priced in foreign currency using their debit, credit cards with improved satisfaction.

He explained that customers will now be able to carry out more transactions with ease and at their convenience. “This gives our customers the opportunity to make international payments on POS and Web. In addition, you can make ATM withdrawals subject to the current limit of $100/day.”

Continuing, he said, “This only goes to show that, customers are at the core of our business and our unalloyed commitment to satisfying them with nothing short of unequalled service is not compromised. We remain focused on creating superior and sustainable service delivery, unique to UBA “

UBA’s customer-centric focus is on continually developing innovative, technological and customer-driven services to boost customer-experience

United Bank for Africa Plc is a leading pan-African financial services group, with presence in 19 African countries, as well as the United Kingdom, the United States of America and France.

Source News Express

Posted 20/07/2017 2:29:30 PM

 

Share on facebook Yahoo mail icon Gmail icon Share on Google+


 

CLASSIFIED ADS

REVEALED: 3 natural ways to get stronger erections, last 25 minutes on bed, and increase manhood size without using drugs. Also, Natural Prostrate Enlargement Remedy.. Get In HERE...

 

You may also like...
Bribery, immoral acts: Rights group writes Senate, demands...

UN blocks access to Journalist Advocacy Group

Misuse our stickers and face prosecution, Navy warns...

War against Boko: Army Chief bemoans challenge of...

50 killed in worst mass shooting in US...

RIGHTSView: NPF: Same question of chicken and egg...

NDLEA pushes for Senator Kashamu’s extradition to the...

Saraki, Ortom, Tambuwal, Ahmed meet with PDP leaders...

Guber aspirant Olawale Rasheed hails Osun PDP Caretaker...

Plane at Lagos filling station scares off fuel...

Kachikwu named among 100 most influential Africans in...

Panic grips residents as Ogboni buries President

 

Latest News Seafarers in stormy waters Angry pastor sacks absentee church members Pa Tunji Gomez: Nigeria has lost a colossus, By Ebun-Olu Adegboruwa U.S. varsities award $5.3m scholarships to 110 Nigerian students PDP may boycott 2019 elections — Secondus PhD student expelled for plagiarism, three others for turning into “landlords” in varsity Gunmen invade Onitsha estate, kill security man, sack residents ‘Possessed’ student disrupts lecture Ekweremadu leads other South East lawmakers to protest Buhari’s lopsided appointments Pipeline Probe: Senate threatens Total MD, others with warrant of arrest I received N30,000 for abducting Chibok school girls — Suspect Ekiti Gov.-Elect Fayemi vows to probe Fayose’s administration

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (362,889 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (358,891 views) Shameless Genevieve Nnaji exposes breasts in public (287,256 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (235,720 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (215,000 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (212,780 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (186,863 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (168,791 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (156,465 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (153,054 views) Lagos plane crash: Journalist releases victims’ names (147,863 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (139,045 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (52) Business & Economy (3,358) Business Verdict (45) Columnists (888) Complaints & Requests (94) Enterprise & Opportunities (207) Entertainment (516) Features (616) Global Business Monitor (286) International (2,145) Interview (157) Live Commentary (28) Love Matters (127) News (37,280) Opinion (1,024) Pidgin (10) Politics (5,619) Religion (786) Sports (1,612) Stock Watch (33) AMA & Al Jazeera Global Update

 

CBN banner

Firstmobile banner

 

 

NEWS EXPRESS TV

FRANCE vs CROATIA 4-2 Highlights & Goals 2018

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement