NRL CURRENT ACCOUNT

This is a feature rich current account product for Liberians living abroad that enables unlimited number of transactions both via U-direct and UBA branches

Product Description / Features
• Minimum openingbalance of USD 100 (to be provided after account has been opened). 
• Minimum balance of USD 50.
• Account maintenance fee of USD 10. 
• COT free
• ATM card: USD 0.75; ATM Monthly Maintenance Fee: USD 0.25 per withdrawal; Card Re-issuance Fee: USD 2; Lost Pin: USD 2. The ATM monthly maintenance fee is applicable after card activation. 
• Internet banking (U-direct) access fee of USD 5 per month and USD 20 for transfers will apply.
• Option of a Nominee Resident joint signatory (e.g Spouse, Sibling, Child or Parent living in Liberia) as a joint signatory to the account and limits may apply.
• Personalized cheque book.
• Dedicated Relationship Manager.
• Returned cheque with attract penalty charge

 Product Benefits
It is an avenue for exotic suite of investments options like NRL asset finance, NRL mortgage. 
It attracts online funds transfer instruction to third party.
It enables cheques lodgments.
 It enables Non residents to have access to Liberian mortgage financing. It allows online funds transfer instruction to third party.
 Free ATM Debit card.
Eligibility
Liberians Legally Resident abroad such as Professionals, Students, Entrepreneur, Salary earning employees and Self Employed individuals.

Documents/Documentations required
Completed account opening forms.
• Two (2) recent Passport-size Photographs (not older than 6months).
• Valid proof of identification –Driver’s license, international passport, Residence Permit or Work permit.
• Proof of source of funds (Employer’s reference Letter, Letter of employment Work ID, Recent Payslip, Business Registration documents).
• Attestation of photocopies of attached documents by notary public, Liberian Embassy or Banker Overseas.

 
How to Apply
• Download the Application form here or contact the NRL Banking Centre, UBA (Liberia) Ltd, Broad/Nelson Streets, Monrovia, Liberia. You can also send a mail to nrlbanking@ubagroup.com. Kindly forward the completed form and all required notarized documents to us at one of the addresses below:

NRL BANKING CENTRE
(nrlbanking@ubagroup.com)
UBA (Liberia) Ltd.
Broad/Nelson Streets,
Monrovia,
Liberia.

The Head
Credit & Marketing Department
United Bank for Africa New York Branch
1 Rockfelleler Plaza
8th floor , New  York
NY10020.

Alex Trotter 
UBA Capital,
3rd Floor, 2-4 King Street,
London
SW1Y 6QU,
United Kingdom.

 

 

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