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October 24, 2014
 

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Pay Manager

The Paymanager is a solution that allows companies make payments to any beneficiary, in any bank (world wide) or collect funds from any third party account in Nigeria, from any location over the internet. It gives the corporate control of its account for various types of payments and collections.

Features

The features of the system are:

  • Instant debit of corporate account in UBA and credit to accounts in any bank (world wide)
  • Foreign currency payment capability
  • Web based system which allows solution to be used from any location with internet access
  • Module that allows for draft payment to beneficiaries
  • Direct debit functionality to debit third party accounts across banks in Nigeria and credit corporate collection account real-time online
  • Workflow for multiple signatory approval before final transaction is consummated
  • Maker-checker capability for every action
  • Comprehensive reports on transactions
  • Third level authentication for final transactions to be consummated
  • Email alert system to notify users when a transaction is pending for their action
  • Simplified data file for entering transactions into system
  • Acceptance of user and system generated third party code
  • Comprehensive third party management module
  • Several libraries of transactions that can be stored and reused
  • Standing order capability

Benefits

  • Conveniently eliminates waiting and queuing in banking halls for payment, especially for the customer’s internal workforce.

How to Apply

Complete an application form at any of UBA Bank Branch; Submit the application form to the Customer Service Officer (CSO) at your account branch for processing