These is the electronic transfer of funds in and out of the country.
Product Features
Electronic transfer of funds in the country
Processed in USD, EUR, NGN, KES, GBP, & Zar,
Funds are credited to the beneficiary between 1-3 working days from the date of wiring (the transaction)
Inward Transfer charges as per the bank tariff guide
Funds received can be returned in case of failure to receive due diligence confirmation from correspondent bank or KYC report from the domicile branch within five working days
Funds received with incomplete details that don’t tally with the bank records are returned on the same day
Benefits
No cash handling risks
Fast, safe and reliable
Facility convenient for movement of large sums of funds
No Risk of forgeries as no cheque issuance is involved
Worldwide coverage
Requirements
Beneficiary MUST be an account holder
Beneficiary should avail sender with full correspondence details, i.e. beneficiary name, beneficiary a/c number, SWIFT code of the bank and correspondent bank details depending on the country of origin
Beneficiary should provide customer remittance confirmation copies on request through the branch
Send money in and out the country today
Visit any UBA branch closer to you to get your money transferred out the country in no time. For more information call 0800100030 (Toll free) WhatsApp 0780142329 or email cfcuganda@ubagroup.com
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