Are you considering joining UBA Bank Nigeria and want to know how much they charge for specific accounts? Perhaps you want to open a savings account and are wondering what the minimum deposit is, or whether you should open a UBA bumper account or any other account.
A minimum balance is required in each of these accounts. That is exactly what this article aims to achieve.
I’ll walk you through the various minimum balances from various accounts.
WHAT IS THE MINIMUM BALANCE IN A UBA REGULAR SAVINGS ACCOUNT IN NIGERIA?
A regular savings account’s main purpose is to help you keep track of your savings.
It’s a savings account that allows you to keep track of your finances, plan ahead, achieve your financial goals, and ensure that you get a good return on your savings.
You must meet the following criteria to open a regular savings account:
• A 1000 naira opening balance
• A minimum operating balance of 2000 Naira is required.
• You’ll also require the deposit of dividend checks and warrants.
WHAT IS THE MINIMUM BALANCE ON A UBA BUMPER ACCOUNT?
The UBA bumper account was created to reward customers with prizes simply for saving a certain amount of money.
UBA Nigeria bumper account, like any other account, has its own set of requirements; here’s what you’ll need:
• A 6500 Naira opening balance is required.
• An account registration form
• A valid driver’s license
• Your utility bill
• Finally, a passport photograph.
IN NIGERIA, WHAT IS THE UBA KIDDIES ACCOUNT MINIMUM BALANCE?
Many parents are becoming more concerned about their children’s future. One way they do this is by opening UBA accounts for their children as young as one year old.
The UBA Kids account is for children aged 0 to 12. The accounts of the child are managed by the parents.
Here’s what you’ll need to open a UBA Kids account for your child:
• Standing instructions worth at least 5000 nairas. You can win the monthly prize if you keep this up for two months in a row.
• Utility bill must be paid within three months of account opening.
• Both passport photos, as well as the child’s birth certificate and the parent’s original ID.
It’s worth noting that all UBA bank accounts in Nigeria include internet banking, secure transactions, transaction notifications, and 24-hour banking.