NextGen account

Build your savings and manage your money better with an account that grows with you, through your youth.

Who is this for?

Students of Tertiary institutions and NYSC Corp members.

 

UBA NextGen

Being a step away from the adulthood can be a lot of pressure. The responsibilities are slowly creeping in and you’ve got to be on top of things.

Let’s partner with you as you build your financial independence with the UBA NextGen account

– A chance to win Pocket Money for a Year
– A chance to become a UBA Campus Ambassador
– Complimentary invites to NextGen events and Master classes
– Annual interest of 4.05% (payable monthly)
– 50% discount for first card issuance.

– One passport photo
– A Valid ID card, a recent utility bill are required, in addition to a tertiary institution student ID/Admission Letter or NYSC ID

UBA NextGen Lite

Being a step away from the adulthood can be a lot of pressure. The responsibilities are slowly creeping in and you’ve got to be on top of things.

Let’s partner with you as you build your financial independence with the UBA NextGen account

– A chance to win Pocket Money for a Year
– A chance to become a UBA campus Ambassador
– Complimentary invites to NextGen events and Master classes
– Annual interest of 4.05% (payable monthly)
– 50% discount for first card issuance.

– One passport photo
– Tertiary institution student ID/Admission Letter or NYSC ID

 

Account information
NextGen
NextGen Lite
Benefits
A chance to win pocket money of N10,000 monthly for a year after performing 4 fee-earning transactions in a month
50% discount on first debit card issuance
Annual interest of 4.05% (payable monthly)
Requirements
• Student-upload a document that proves one is a student (e.g. Student ID card, Admission Letter etc.)
• NYSC corps member- evidence that proves , one is currently serving(e.g. NYSC ID card, Call Up Letter etc.)
1 passport photo
Valid ID (National ID/ Driver’s License/ Permanent Voters card/ International Passport
Utility Bill (within 3 months from account opening date)

FAQs

Documents required
– A duly completed account opening form
– One passport photo of Student / Corp Member
Tier 1 KYC (partial): Student / departmental / faculty ID card / NYSC card (for Corp members)
Tier 3 KYC (full): Evidence of Studentship / Corps membership (e.g. Student  / Corp Member ID, Admission / Posting letter) and one of the following: Voter’s card / national ID / national driver’s license / international passport

Address Verification (only one of the below is required )
– Customer Address Verification is not compulsory, but may be used in the absence of these documents:

– Admission Letter
– Most recent school fees receipt
– Letter from the Local/State Government Secretariat or Camp utility bill (for NYSC members)

Funding
Minimum Opening Balance of N1000

Since the child is a minor, you would need to input the guardians details. If the guardian/parents does not have an account, then you can create a CIF with the parents details such as Name, Mobile number, and BVN without necessarily opening an account for the parent.

A Savings account will be opened when you present a passport photograph and valid photo ID. However, with your School ID/admission letter, your account can be converted to a UBA NextGen account.

– Yes, please. The UBA NextGen Account is for students of any tertiary institution including Colleges, Universities, Technical/Vocational Institutions,  Polytechnics.
– National Youth Service Corps members with valid NYSC cards are also eligible for the UBA  NextGen Account.

No, please. This account does not require a physical Customer Address Verification (CAV) as the Admission Letter / most recent School Fees Receipt of the student or State secretariat address/Camp utility bill of the corp member shall suffice for Address Verification. However, if the student/corp member does not have any of these documents, then a CAV will be carried out by the Account Officer  or CAV Agents as the Bank deems fit.

– For Tier 1 KYC, the following means of ID are acceptable.

  • Student ID Card OR Departmental ID Card OR Faculty ID Card
  • NYSC ID card

– For Tier 3 KYC IDs, the following means of ID are acceptable.

  • International Passport OR Voters Card OR National ID OR Driver’s License; but must also provide evidence of being a student / corp member

The customer will need to provide an Admission Letter OR Clearance Letter OR Call up Letter that shows at least the following information: Passport Photo, Name, Sex, Student/Registration Nos., Faculty/Department.

– On Campus at University events organized by UBA
– On Camp
– Online
– At the Branch

You can, but if you are a Tertiary student or Corp member, the UBA NextGen account will better meet your needs than the General Savings account.

– The Savings account is a basic savings account.
– As a Tertiary student or Corp member, the NextGen account will better meet your lifestyle needs.
– You stand a chance to win pocket money for a year in our targeted draws
– Your first debit card  is issued at only half the regular cost: N525
– You get to attend all campus events

No – the account must be funded with at least 525 to get a debit card. Corp Members are eligible as well. The account will be liened with the requisite amount once the funds hit the account and card issued.

– Yes, you can get a debit card on your UBA NextGen account at a discount of 50% for your first card.

– A chance to win Pocket Money for a Year
– A chance to become a UBA campus Ambassador
– Complimentary invites to NextGen events and Master classes
– Annual interest of 4.05% (payable monthly)
– 50% discount for first card issuance
-And so much more

-Simply open your account, fund, enrol on a digital platform and initiate at least 4 transactions per month.