Summary
After liquidating her goods, she immediately needs to transfer part of her money to another UBA account in Nigeria, that of her ingredient supplier.
If you don’t want to go through a transfer agency like Wordremit or Remitly, the traditional method of sending money to a Nigerian partner who uses a UBA account like you is effective.
In this article, we will help you know the different methods to accomplish this financial transaction, while using services like the UBA mobile application, the UBA USSD code, as well as the UBA online banking platform.
How to transfer money from UBA to UBA accounts Nigeria?
Method 1: Using the UBA Mobile Application
If you have a phone running Android or iOS, you can easily use this feature by following these steps:
1. Open the UBA mobile app on your phone. If you don’t have one, download it.
2. Log in directly to your account by entering your credentials or biometric data.
3. On the app home screen, tap on the “Funds Transfer” option.
4. Then choose the type of transfer you want to make, by selecting the “UBA Transfer” option.
5. Enter the requested recipient information, including bank name, account number, and reason for transfer (optional).
6. Enter the amount you wish to send.
7. Carefully review the provided transaction details to ensure accuracy.
8. Enter your UBA mobile app PIN or use fingerprint to authorize the transaction.
9. Confirm the transfer and wait for the transaction to complete.
Method 2: Using USSD code
United Bank for Africa provides its customers with a USSD code that can help you carry out your transactions, so you can transfer money from one UBA account to another United Bank for Africa account. Here are the procedures to follow:
1. Pick up your phone, dial the USSD code *919#.
2. Then select the “Transfer to UBA” option from the menu.
3. Then enter the beneficiary’s account number.
4. Enter the amount you want to transfer.
5. Review the transaction details carefully and ensure they are correct.
6. Finally validate your transaction by entering your USSD code.
7. Wait a few minutes for the transaction confirmation.
Method 3: Using Online Banking to transfer money from UBA to UBA
The final method to use to transfer money from one UBA account to another UBA account is to use the UBA online banking platform. To do this, here are the procedures to follow:
1. First log in to your UBA online banking account by going to UBA banking
2. Then click on the “Transfer funds” menu located at home
3. Then select “UBA account” as beneficiary.
4. Correctly enter the account number of the 10-digit account along with the amount you want to transfer.
5. Review the details provided for this transaction and confirm the transfer.
How long does it take to send money?
Like transferring money to another bank account, sending money via the methods mentioned is instant. But usually it may take 1-5 business days depending on the account type.
Frequently asked Questions
What are the fees for sending money from UBA ?
Sending money from one UBA account to another account costs only 20 naira. Unlike sending to other banks can be more expensive.
Conclusion
Currently, anyone can simply send money from one UBA account to another UBA account in Nigeria without going through any branch thanks to convenient options such as the UBA mobile app, code USSD UBA, and the UBA online banking platform.
It is essential to carefully review the information entered on the receiver such as the name of the bank and especially the account number to avoid any misunderstanding.
