Do you have multiple transactions you need to carry out, and you wonder if you will manage to carry out all of them within limits?
In this guide, we will give you details about the transfer limit for UBA bank in Nigeria.
It will help you find a solution or avoid being frustrated because you have reached the maximum daily transaction limit permitted by UBA bank in Nigeria.
I am going to take you various limits from different categories of UBA bank Nigeria.
To start with internet or web banking, one can transact up to $20,000 per person in 24 hours.
You can transact various transactions on your online banking by either sending money, paying for bills, or withdrawals up to the amount mentioned above.
You will have to wait until the next day to continue with more transactions on reaching the limit. When we talk of internet banking, the transactions done through USSD code (*919#) are inclusive.
The Maximum Amount That Can Be Transacted In One Day
Various people might not know how much they can be allowed to transact in a day since very few people reach the limit.
However, this depends on multiple factors when the bank is giving a daily limit on individuals.
The daily limit is determined by the class of the account or the digital channel you are using to carry out your transactions. Here are the limits for different categories;
- In retail class, the transfer limit is ten (10) million Naira daily
- The SME class; daily transfer limit of 500 million Naira
- The Corporate class; daily limit of 1 billion Naira
As you can see, different categories have different limits. However, if you feel like you would wish to increase your limit, it is still possible.
How Can I Increase My Transaction Limit On UBA Mobile App
Increasing your daily limit is one thing that should not bother you at all, be it mobile transactions or bank transactions.
For mobile transactions, visit the UBA application, go to settings, click on the self-service option, and go straight to the transfer limit.
Consequently, if you wish to increase the bank account transactions, visit your nearest UBA bank branch and fill in forms for increasing transfer limits.
That is all we have for you about the transfer limit for UBA bank in Nigeria.