Opening a new bank account just got easier, and more exciting. Out with the days when you were required to deposit a certain amount before you could own or activate a bank account, because today, UBA brings to you the 'Zero Instant Savings Account' - this is a savings account that requires zero amount to activate, in other words, you can instantly open the UBA Zero Account and deposit funds whenever you feel like. No pressure!

Why not open one really quick and see for yourself. It is really easy, simply dial *919*20# or visit www.ubagroup.com. You can as well visit a UBA branch closest to you, just ensure you hold a passport photograph.

Now with Zero Account, you are entitled to a maximum cumulative balance of N300, 000 and a maximum single deposit of N50, 000. In addition, you get access to a debit card (for ATM and POS transactions), access to Internet and mobile banking, just like the regular Savings account, and even better, you get to enjoy attractive interest rates and much more. Pretty exciting! Isn't it?

What more, the Zero Account is specially designed for people who are alienated, and have little to no knowledge/experience about and with banking. People like the road side vendors, traders, bus drivers, artisans, farmers, rural dwellers, students and others who are accustomed to the risky habit of taking their daily earnings home.

By opening Zero Account, not only do this category of people enjoy the amazing benefits of the account; they will be assisted on how to leverage its services for the better management of their earnings/savings.

Cc FOD, puskin, naijacutee, dominique

Hehehe! With this I am porting to uba, this is a welcome development, banking made easy

OK I get the gig on how beneficial it is to be able to open the account for free, but what do you mean by maximum cumulative balance of N300k? Can't I save more than 300,000 in the account?

So I have an old account. Can I port to zero account?

Lots of banks already do this, I am after what makes their package different.

UBA finally jumping on the zero savings train

I just hope the profits on this savings account is in huge percentage cos most accounts these days are opened for free.

Fairly simple process.... I just opened one now

This stuff is fast mehn! Just opened mine without hassles

Saving is a very good habit, the issue is that it's very difficult to do when you are feeding from hand to mouth

Iceman296:
Lots of banks already do this, I am after what makes their package different.

come to think of it, of a truth what exactly makes their package different?

I actually opened uba zero instant savings account here in ikeja and it has many advantages. I advice we all open one

I should open this to my kid sis in school