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UBA Bans The Use Of ATM For Some Transaction Such As Betting And Many Others - Business - Nairaland

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UBA Bans The Use Of ATM For Some Transaction Such As Betting And Many Others by premium9ja(m): 11:02pm On Aug 24, 2017
The United Bank of Africa ( UBA ) has placed a restriction on the use of its debit and prepaid cards for purchasing of certain items.

An information which was contained in an email sent to bank’s customers on Thursday evening, the United Bank for Africa revealed that it has placed a restriction on the use of its debit and prepaid cards for purchasing certain items.

Routed through its official email address, cfc@ubagroup.com, the mail was entitled, “We want you to transact safely,” the items under restrictions include jewellery, p*rnography, dating and escort services.

It was learnt that the bank also forbids the use of its cards for all sorts of betting – including buying lottery tickets, casino gaming chips, off-track betting and wagers (bets).

The bank says the overall aim is to enable its customers transact business safely, and to also protects its own business integrity as regard cases of fraud involving its credit/prepaid cards, with the attendant litigation and damage to its reputation.

The email in full reads:-

We wish to inform all cardholders that we have placed restrictions on the Bank’s debit and prepaid cards from carrying out transactions with merchants that are transacting on the following business categories;

-Jewellery
-P*rnography
-Dating and Escort Services
-Betting (including lottery tickets, casino gaming chips, off-track betting and wagers)

This has become necessary with the increased need to protect our customers and the institution from fraud, litigation and reputational damages.

Thank you.

Source: http://www.premium9ja.com/2017/08/uba-bans-use-of-atm-for-some.html?m=0

Cc:
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Ishilove
Semid4lyfe
Obinoscopy

9 Likes 2 Shares

Re: UBA Bans The Use Of ATM For Some Transaction Such As Betting And Many Others by Bioboy1213(m): 11:10pm On Aug 24, 2017
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Re: UBA Bans The Use Of ATM For Some Transaction Such As Betting And Many Others by Bioboy1213(m): 11:11pm On Aug 24, 2017
ok
Re: UBA Bans The Use Of ATM For Some Transaction Such As Betting And Many Others by Young03(m): 11:16pm On Aug 24, 2017
k
Re: UBA Bans The Use Of ATM For Some Transaction Such As Betting And Many Others by whitebeard(m): 11:16pm On Aug 24, 2017
This one shock me...!!

108 Likes 1 Share

Re: UBA Bans The Use Of ATM For Some Transaction Such As Betting And Many Others by Manhood85(m): 11:17pm On Aug 24, 2017
.
Re: UBA Bans The Use Of ATM For Some Transaction Such As Betting And Many Others by Emeskhalifa(m): 11:19pm On Aug 24, 2017
Na wa ooo
Re: UBA Bans The Use Of ATM For Some Transaction Such As Betting And Many Others by Kamelot77(m): 11:23pm On Aug 24, 2017
c Hw dey book space
Re: UBA Bans The Use Of ATM For Some Transaction Such As Betting And Many Others by Nobody: 11:28pm On Aug 24, 2017
Rubbish.


You can collect proceeds from such people but they can't determine how to spend their money?
Trash!

United Bullies For Africa

157 Likes 8 Shares

Re: UBA Bans The Use Of ATM For Some Transaction Such As Betting And Many Others by modath(f): 5:43am On Aug 25, 2017
I hate gambling like I do the devil but what right do they have controlling grown folks with full faculties in place!!! Is it the banks funds? Are we not talking about prepaid cards? UBA is overreaching!!!

Iranu..

130 Likes 2 Shares

Re: UBA Bans The Use Of ATM For Some Transaction Such As Betting And Many Others by babyfaceafrica: 6:02am On Aug 25, 2017
Hypocrites

4 Likes

Re: UBA Bans The Use Of ATM For Some Transaction Such As Betting And Many Others by Partnerbiz3: 6:28am On Aug 25, 2017
My money UBA headache..

1 Like

Re: UBA Bans The Use Of ATM For Some Transaction Such As Betting And Many Others by Zeze06(m): 7:36am On Aug 25, 2017
Thank God, Oyibo (Nairabet) wan finish my money... grin

6 Likes

Re: UBA Bans The Use Of ATM For Some Transaction Such As Betting And Many Others by pedrilo: 7:37am On Aug 25, 2017
Is it your money?

4 Likes

Re: UBA Bans The Use Of ATM For Some Transaction Such As Betting And Many Others by soberdrunk(m): 7:37am On Aug 25, 2017
Hahahaha!!! He be like UBA wan loose customers, I trust FCMB!! Even if you wan transfer money go Hellfire! They got you!! Oya FCMB make una come pay me for advert!!! angry

129 Likes 1 Share

Re: UBA Bans The Use Of ATM For Some Transaction Such As Betting And Many Others by naijaboiy: 7:38am On Aug 25, 2017
They want to tell me how to spend my money again. sad

54 Likes 2 Shares

Re: UBA Bans The Use Of ATM For Some Transaction Such As Betting And Many Others by Teletexter: 7:38am On Aug 25, 2017

9 Likes

Re: UBA Bans The Use Of ATM For Some Transaction Such As Betting And Many Others by masada: 7:38am On Aug 25, 2017
is this even possible

is it your money

misplaced priorities

professionals acting like politicians and pastors

17 Likes

Re: UBA Bans The Use Of ATM For Some Transaction Such As Betting And Many Others by Dyt(f): 7:38am On Aug 25, 2017
cheesy cheesy cheesy

1 Like

Re: UBA Bans The Use Of ATM For Some Transaction Such As Betting And Many Others by wildcatter23(m): 7:38am On Aug 25, 2017
So I nor go fund me bet9ja account again

99 Likes 1 Share

Re: UBA Bans The Use Of ATM For Some Transaction Such As Betting And Many Others by Queenext: 7:38am On Aug 25, 2017
What right do they have to determine how I spend my cash..

Na my money.

UBA too,forming James born..

Oshi

14 Likes

Re: UBA Bans The Use Of ATM For Some Transaction Such As Betting And Many Others by Nobody: 7:39am On Aug 25, 2017
Thank God they are not the only bank in Nigeria.

20 Likes

Re: UBA Bans The Use Of ATM For Some Transaction Such As Betting And Many Others by girlhaley(f): 7:39am On Aug 25, 2017
Okay
Re: UBA Bans The Use Of ATM For Some Transaction Such As Betting And Many Others by busky101(m): 7:39am On Aug 25, 2017
It all started with the FG nd the Military regulating nd monitoring us on social media, now useless UBA that am just managing is trying to regulate how i spend my cash too, if i patronise MIA KHALIFA, how that one take concern Tony Elumelu....bunch of hypnotized hypocrites

31 Likes

Re: UBA Bans The Use Of ATM For Some Transaction Such As Betting And Many Others by dicksonadams(m): 7:40am On Aug 25, 2017
For MMM too?

3 Likes

Re: UBA Bans The Use Of ATM For Some Transaction Such As Betting And Many Others by nairalandfreak(m): 7:40am On Aug 25, 2017
Naira bet and Bet9ja boys sorry o

1 Like

Re: UBA Bans The Use Of ATM For Some Transaction Such As Betting And Many Others by OMOTOWO(m): 7:40am On Aug 25, 2017
Make GTB and first bank do jare,bet9ja have had enough of us ...

3 Likes

Re: UBA Bans The Use Of ATM For Some Transaction Such As Betting And Many Others by iKnowevents(m): 7:41am On Aug 25, 2017
Morality Bank?

1 Like

Re: UBA Bans The Use Of ATM For Some Transaction Such As Betting And Many Others by mostyg(m): 7:41am On Aug 25, 2017
Good
Re: UBA Bans The Use Of ATM For Some Transaction Such As Betting And Many Others by Idrismusty97(m): 7:41am On Aug 25, 2017
Re: UBA Bans The Use Of ATM For Some Transaction Such As Betting And Many Others by Nobody: 7:42am On Aug 25, 2017
What's their problem is it their money?. Why would you restrict me on things i want to use my money for?

That Jewelry part really got me and just spoilt my day.... Now Guys would be giving excuses not to buy jewelries for us cry cry cry cry

19 Likes

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