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Home Companies Company News

UBA processes over 25,000 trade transactions in Nigeria between Jan-Apr 2022

Samson Akintaro by Samson Akintaro
May 16, 2022
in Company News, Financial Services
UBA processes over 25,000 trade transactions in Nigeria between Jan-Apr 2022
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Africa’s Global Bank, United Bank for Africa (UBA) Plc says it has processed over 25,000 trade transactions in the last four months.

The bank was able to achieve this by leveraging cutting-edge technology to enhance its service provisioning to meet its customers’ demands.

The trade transactions successfully processed by the bank between January and April 2022, include requests for Personal Travel Allowance, Business Travel Allowance, Medical bills payment, Upkeep, and School fees payment.

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This feat is quite huge considering the fact that other banks have not been able to process more than 10,000 transactions within this period. It is also a testament to how technology is revolutionising financial services.

What you should know

  • Over the years, UBA has invested in robust technological platforms to support the seamless integration of services in a bid to satisfy the unique needs of its customers in this digital era.
  • It has also provided access to trade links across most of its digital channels, making it easy for customers to perform transactions from the comfort of their mobile phones.
  • The bank has continued to leverage its presence across Africa to create an avenue for trade between countries/individuals whilst facilitating easy payment for goods and services rendered across these borders.
  • It continues to support businesses with processing Form M and Form Q for the importation of goods, Export Trade – Form NXP (commercial export) and NCX (non-commercial export).

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Tags: UBAUnited Bank for Africa
Samson Akintaro

Samson Akintaro

Samson Akintaro is a tech enthusiast and has over a decade experience covering and writing about the tech industry. He is currently the Tech Analyst at Nairametrics.

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Comments 2

  1. Gbonka says:
    May 16, 2022 at 2:08 pm

    very good another medium of advertisment

    Reply
  2. Uthman says:
    July 31, 2022 at 3:29 pm

    I applied since 1st week of May 2022.
    Yet to be debited.
    You send mails to their Customer service. They respond like robots with a generic mail.
    No human torch at all.
    Really getting tired.

    Reply

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