Nigeria
Benin
Burkina Faso
Cameroon
Chad
Congo Brazzaville
RDC
Cote d'ivoire
Gabon
Ghana
Guinea
Kenya
Liberia
Mocambique
Senegal
Sierra Leone
Tanzania
Uganda
Zambia
France
America
Mali
UK
Your Africa Trade Partner
With the start of the AfCFTA (African Continental Free Trade Area), UBA is positioned to support global trade.
Facilitating Global Trade
International Trade is an ever-evolving business and we understand the complexities of the global market. Our products and services have been designed to ease your banking needs at any of our locations in 20 African countries, the UK, France, and the USA.
Trade with ease
Form M
Form M is an application to import goods. It is mandatory for all importers to complete the form on Federal Government Single Window for Trade – www.trade.gov.ng
The validity period of a Form M document is 360 days (for general merchandise) and 720 days (for plant and machinery); extensions of 180 days (for general merchandise) and 360 days (for plant and machinery) can be granted by the bank. Further extensions are approved by the Central Bank of Nigeria (CBN).
- Pro-forma invoice
- Insurance certificate
- Regulatory Certificate per the item of import e.g. NAFDAC permit, DPR certificate, SONCAP Product certificate, NESREA.
Letter of Credit
A Letter of credit (LC) is an agreement that is irrevocable and thereby constitutes a definite undertaking of the issuing bank to honour a complying presentation.
- Registered Form M
- Duly completed Letter of Credit application form
- Customer’s instruction to buy Foreign currency
Bill for Collection
Bill for Collection is the handling of documents (financial and/or commercial) by banks in line with the instructions received from the exporter in order to:
- – Obtain payment and/or acceptance, or
- – Deliver documents against payment and/or acceptance
- – Deliver documents on other terms and conditions
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- Registered Form M
- Customer’s instruction to buy foreign currency
- Shipping Documents :
- – Original Clean /Shipped on Board Bill of Lading /Airway Bill/Road Waybill
- – Certificate of Origin
- – Packing list
- – Commercial Invoice
- – Product Certificate
- – Single Goods Declaration (SGD) form
- – Accepted Bill of Exchange
- – Assessment Notice
- – Exit Note
- – PAAR (Pre – Arrival Assessment Report)
Form Q
This form is to enable Small and Medium Enterprises (SMEs) access the sum of $20,000.00 quarterly to pay for imports
- Duly completed Form Q
- Registered form M
- Customer’s instruction to buy foreign currency
- Pro-forma invoice
- Certificate of Incorporation/Registration
Form A
Payments for services which include the following:
- Medical Services
- School Fees (tuition) and living allowances
- Conferences, Seminars and Training
- Correspondence courses
- Copyright, Patent, Franchise and Royalties
- Consultancy fees
- Management and Technical service
- Membership, subscription and examination fees
- Re-payment for external loans
- Monthly Personal Home Remittance
Export
- Certificate of Incorporation
- Valid NEPC (Nigerian Export Promotion Council) certificate
- Pro-forma invoice for export item which must not be on the prohibition list. See www.customs.gov.ng
- Tax Identification Number (TIN)
- Export Proceeds Domiciliary Account
- Duly completed Form NXP on TRMS (Trade Monitoring System) - www.tradesystem.gov.ng