UBA Sierra Leone launches Visa Prepaid Card

The Executive Management of UBA Sierra Leone (UBA SL), on
Wednesday, March 12, 2014 unveiled the UBA Visa Prepaid card services at a
press conference held at the UBA SL Head office on Charlotte Street, Freetown.

 

MD/CEO,
UBA Sierra Leone, Mr. Ndubuisi Ejiofor unveiling the Visa prepaid card



The event comes few days after the Bank of Sierra Leone
officially approved the introduction of the UBA Visa Prepaid card into the
Sierra Leone market.

Mr. Ndubuisi Ejiofor, MD/CEO, UBASL, in his remarks at the
occasion, explained how the card works and the benefits. He emphasized that the
product will help promote financial inclusion and reduce pressure on the
requests for dollar in cash for personal and business travels.


The Head of E-product, David Musa also emphasized that the
card will benefit schools and corporate organizations that seek to co-brand the
prepaid cards while  making online payments seamless
The UBASL Visa Prepaid card is being introduced few months
after the Bank of Sierra Leone in December 2013 banned commercial banks in Sierra
Leone from payment of foreign currencies across the counter in a bid to
strengthen the local currency (Leones).