Foreign currency transfer takes a new dimension with the introduction of FX transfer capability on the UBA’s Online Banking platform, U-Direct.
The new service allows the bank’s customers to transfer funds from their Domiciliary Account to any account in the world within 24 hours. According to the statement from the bank, the commencement of the service could not have come at a better time, considering the anticipated flurry of remittance activities as the festive season sets in.
Dr. Yinka Adedeji, the bank’s Divisional Head of e-Banking said “our customers can transfer money from U-Direct to any part of the world in record time. With this development, there is no need to fill forms or visit the banking halls any longer. This again underscores the importance we place on service innovation and customer fulfillment.”

To access this service, customers need to have a domiciliary account with UBA.
Beyond FX transfer, U-Direct also enables customers to conduct their banking transactions on their personal computers, laptops or tablets.


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Truely, the banking sector is gradualy developin into an online banking system... Whr dr will be litlle or no staff in the bank..

Good development.

Ah, na wah. This development has been there for long. I was expecting to see transfer naira into dorm account. Any way, good for uba

This is what GTB, Access and other banks have been doing for long time.

arbitrage:
This is what GTB, Access and other banks have been doing for long time.

does one need to have current account before he can open domiciliary account in GTB and what are the major requirements you know. And which bank is best in opening domiciliary account?