Someone may ask what is the limit for UBA Savings account in Nigeria?
Your bank account is your property, but because you do not control it, sometimes there are limitations on how much it can hold and the number of transactions you can carry in a day.
If you want to know how much you can hold in your account and how much you can transact in your account over a period, you can read this guide.
UBA Bank Nigeria has limits on all their accounts, including deposit limits and transfer or transaction limit over a period, either day, week, month, or year.
So, if you are a UBA Bank Savings account holder, there is a transfer or transaction limit on your account.
This means that you can not send money to exceed a specific amount.
But someone may ask, what is the UBA Savings account in Nigeria?
Read below to find out.
Does UBA Bank Savings Account Have Limit
Yes, UBA Bank Savings accounts have a limit on how much you can transfer and the number of transactions you can carry on y0ur account within a specified time.
So there are transfer, withdrawals, and deposit limits on all UBA Bank Savings account in Nigeria.
What Is The Limit For UBA Savings Account In Nigeria
UBA General savings account has an unlimited operating balance.
Hence, you can deposit any amount of your choice.
Also, you can make withdrawals of any amount of your choice over the counter.
However, for withdrawals and deposits above N500,000, a CBN service charge of 5% and 3% on the excess applies, respectively.
That means that making transactions from your UBA savings account with transfer, withdrawals, and the deposit has no limit if you make your transactions from any UBA branch.
However, for transactions, limits on UBA digital banking services are as follows:
- POS – N1,000,000
- WEB – N500,000
- ATM – N1500,000
Can I Increase My UBA Bank Savings Account Limits
Yes, you can visit the nearest UBA Bank branch in Nigeria to fill a form and request to increase the transaction limit on your savings account.
Also, you can use the UBA Bank App to extend your transaction limit on your account.
Can Increase My UBA Transactions Limit Online
Yes, you can increase your UBA transaction limit online in Nigeria using the UBA Bank mobile app.
Ensure that you have signed up for mobile banking or online banking service to use the channel to upgrade your account limits.
Here is the list of other useful guides:
Transaction Limit, Benefits Of Bumper Account, Western Union, How Much, Leo WhatsApp Number, Get Quick Credit, Qualify For Loan, How Target Account Works, Open UBA Current Account, Change Alert Number, Use Visa Card, Mobile Banking Login, UBA eBanking, Corporate Banking, Get Africard, Online Banking Services, Direct Login, Know Account Number, How Current Account Work, Cost Of Prepaid Card, Chat Online, Visa Card Cost, UBA Dollar To Naira, Priority Account, Daily Limit, Use Mobile App, Get Credit Card, Check Card Statement, Load Prepaid Card, Chat With UBA on WhatsApp.
This simple and easy Banking and Finance Article Was Last Updated on 14th January 2022 by thetransfercode
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