Current Accounts
UBA Current account is tailor-made to suit your needs whether you are an employee, self-employed or an expatriate. Our current accounts packages enable you bank wisely
Our Current account enables you bank wisely.
Individual Current Account
The UBA Individual Current Account is a Demand Deposit Account (DDA) primarily meant for Individuals & Joint Individuals, in which funds deposited are payable on demand, either in person, or by the presentation of a cheque by a third party, bank draft, direct debit, electronic fund transfers etc.
– Completed Account Opening Form.
– 2 passport photographs.
– Valid means of identification; National ID for Ugandans, International passport for non-Ugandans with a valid work permit or entry visa for at least 6 months.
– Utility bill not exceeding 3 months old.
– Source of funds such as work ID, Business Registration document· Employee ID.
- · Opening Balance UGX: 100,000/=
- · minimum operating balance UGX: 20,000/=
- · Available in: USD, EURO, UGX, POUND currencies
- · Cash withdraw below UGX 5M: UGX 2,500/=; above UGX 5M: UGX 10,000/=
- · Lodgement of cheques and dividend warrants.
- · Cheque book: UGX 800/= per leaf. ATM card issuance UGX 10,000/=
- · Monthly maintenance fees: UGX 13,000/=
– No restrictions on the withdrawal frequency or amounts from funded account.
– Third party transactions allowed.
– No restrictions on deposit amounts.
– Cheque lodgement allowed.Access to internet and mobile banking.
– Access to UBA Master Card Visa Card (for ATM, Internet and POS transactions).
For Employees
- – National IDs for locals and passports for internationals.
- – Employee ID.
- – Letter of introduction from employer.
- -Passport photograph.
- – Utility bill (not necessary if applicant’s company has a UBA account).
- – Opening Balance UGX: 110,000/=
- – Minimum operating balance UGX: 20,000/=-
- – Available in: USD, EURO, UGX, POUND currencies
- – Access to consumer credit facilities.
- – Lodgment of cheques and dividend warrants.
- – Cheque book enabled.
- – Monthly charge
- – No restrictions on the withdrawal frequency or amounts from funded account.
- – Third party transactions allowed.
- – No restrictions on deposit amounts.
- – Cheque lodgment allowed.
- – Access to internet and mobile banking.
- – Access to UBA Master Card & Visa Card (for ATM, Internet and POS transactions).
Self-Employed
– A valid ID: National ID for locals and international passport for foreigners.
– Passport photograph (if business, for each of the owners of business).
Utility bill (not exceeding 3 months old).
– Certificate of Incorporation/Registration/CBN license (for business enterprise).
– Two references from current account holders.
- – Opening Balance UGX: 110,000/=
- – Minimum operating balance UGX: 20,000/=
- – Available in: USD, EURO, UGX, POUND currencies
- – Access to consumer credit facilities.
- – Lodgement of cheques and dividend warrants.
- – Cheque book enabled.
- – Monthly charge
- – No restrictions on the withdrawal frequency or amounts from funded account.
- – Third party transactions allowed.
- – No restrictions on deposit amounts.
- – Cheque lodgement allowed.
- – Access to internet and mobile banking.
- – Access to UBA Master Card & Visa Card (for ATM, Internet and POS transactions).