Financial transactions are a daily activity in which individuals, businesses, or government entities send money for one purpose or another. But you are not alone if you have ever imagined the seamless process of transferring money from UBA to all banks. The simplicity and efficiency of the bank’s transfer system are what may interest you as it offers a secure way to send money across banks in Nigeria. So, let’s explore how to transfer funds using UBA.

Understanding UBA Money Transfer

Transfer money from UBA to all banks

The United Bank for Africa (UBA) is one of the oldest banks in Nigeria. The bank has adopted digitization to enable convenience for its teeming customers, so they can send and receive money from anywhere without visiting any of the bank’s branches.

Today, UBA customers can transfer money to other UBA accounts or other banks from their mobile phones using the bank’s mobile app or the USSD code. This is one of the many transactions you can conduct with these two methods as a bank customer.

How To Transfer Money From UBA Mobile Banking App To Other Banks

These are the steps to transfer money to bank accounts from UBA:

  • Download the UBA mobile banking app on the Google Play Store or Apple Store.
  • Sign up if you are a first-time user, or log in as an existing user.
  • Click “Money Transfer.”
  • Choose the recipient’s bank and enter the account number.
  • Enter the amount you want to send.
  • Enter a description (optional).
  • Click “Transfer.”
  • Carefully confirm the transfer details and enter your PIN to confirm the transaction.
  • You will receive a notification upon the successful transfer of the money.

Using UBA Transfer Code

The UBA transfer code is a service that enables customers to perform various financial transactions by dialing a USSD code on their mobile phones. You do not require data or internet connectivity to use this method. You may also want to read about the Opay USSD code.

How To Activate UBA Transfer Code

Here are the steps to activate the USSD code:

  • Dial *919# from the phone number registered with the UBA account.
  • Follow the prompt message to sign up.
  • Enter your UBA 10-digit account number.
  • Create a 4-digit PIN you will use to authorize transactions. It is important to choose the PIN you can easily remember but is difficult for other people to guess.
  • Confirm your account details to complete the registration, including entering the last four digits on your UBA debit card.
  • Upon confirming your details, you will receive a notification indicating that your UBA transfer code has been activated successfully.

How To Transfer Money From UBA To All Banks With USSD Code

Here are the steps to using the UBA USSD code to send money:

  • Dial *919*4*account number*amount#.
  • Choose the recipient’s bank from the list of banks.
  • Confirm the transaction details.
  • Enter your PIN to authenticate the transaction.

Frequently Asked Questions (FAQs) About Transferring Money From UBA To All Banks

How Secure Is Transferring Money From UBA?

The UBA mobile banking app and transfer code are secure. Every transaction requires a PIN for authorization, and the system has multiple layers of security to protect your funds and data. 

For instance, there is a login password when you want to access the mobile banking app, which is different from the 4-digit PIN you will use to initiate the transaction. In essence, this is to restrict unauthorized access to your UBA account and funds.

Are There Limits To The Amount I Can Transfer From UBA?

Yes, there are limits to the amount you can transfer from your UBA account. But this is a function of the method of transfer you’re using – either the mobile banking app or the USSD code.

There is always a daily limit to how much and the number of times you can use the USSD code. However, you can use the banking app as many times as possible, although with a daily limit, depending on your account’s tier.

What Is The Magic Banking Code For UBA?

The magic banking code for UBA is “*919#” which you can dial to start different transactions.

Is There A Charge For Transferring Money From UBA To All Banks?

There are charges imposed on sending money from UBA to all banks, which applies to mobile banking and USSD codes. But the transaction fee may vary depending on how much you are sending.

What Happens If I Enter The Wrong Account Number?

The transaction will fail if you enter an incorrect account number as account validation is part of the process. But you may need to contact UBA customer care immediately for assistance if the account is valid but not for the intended recipient.

Conclusion

You can use different methods to transfer money from UBA to all banks, basically through mobile banking or the transfer code; this helps make your transactions fast and seamless without the need to walk into any UBA branch. 

However, it is essential to ensure security and confirm your recipient’s details before sending money. This includes double-checking the recipient’s account number and account name to prevent sending funds to the wrong recipient.