Money Transfer
UBA international money transfer is fast, secure, and a reliable payment service that allows money transfers across African countries.
Transfer cash easily to countries outside your region.
International money transfer is a fast and secure electronic payment service that allows money transfer across African countries and beyond.
AfriCash
Africash services are available in cash collection and account transfers. With the account transfer, your beneficiary needs not worry about visiting any business location for payment; funds are instantly credited to the beneficiary’s account from the send point- what a convenience! Also, you need not worry about Forex- Africash is available in USD and LCY, where regulations allow USD transfer. Just indicate your beneficiary’s preferred currency and we deliver.
Features
- Convenient: Monies can be sent/received from a wide network of UBA business offices and agent locations.
- Speed: Transfers (sent and received) are consummated instantly.
- Non-restrictive: It is open to both account and non-account holders* where regulations allow. Going market exchange rate is applied in every transfer.
- Cancellation/Refund: Customers can request for cancellation and refund of unpaid transfers.
To Send Money
- Visit any UBA office or sub-agent location and complete the Africash ‘Send Form’.
- Submit a valid form of Identification and completed form to the teller for processing.
- On account transfer, the beneficiary’s account is credited instantly.
- For cash collection service, collect the Transaction Receipt and Collection PIN Card.
- Communicate the PIN code and transfer details to the beneficiary.
To Receive Money
- Visit any UBA office in the destination country with a valid means of identification.
- Complete Africash ‘Receive Form’.
Charges
Africash pricing reflects the market realities in each country of operation but, in all, prices remain competitive. On the average, the price is 1% or less.
Terms & Conditions
Means of identification: The following are acceptable means of identification in line with the UBA policy and regulatory guidelines:
- National Identity Card.
- Driver's License.
- International Passport
- Voter's ID Cards.
- Current/Savings Accounts with UBA.
- Associations’, Organizations’, Student IDs.
- Other forms of IDs in line with UBA permissible ID advice.
- Transfer Limit: Africash transfer limits vary from one country to another. However, a $50,000 weekly transfer limit applies based on countries’ regulations.
FAQs
