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).

Requirements:

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.

Requirements:

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

 

Requirements:
  • – 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

Requirements:

Form A

Payments for services which include the following:

Export

Requirements:

To make further enquiries, please send an email to trade.services@ubagroup.com OR call any of these numbers 01-2807-300, 01-2807-228, 09062800579, 09062800580