Someone might ask, “What is the limit for a UBA Savings account in Nigeria?”
Your bank account is yours, but you don’t always have control over how much you can put in it or how many times you can use it in a day because you don’t own it.
You can read this guide to find out how much you can keep in your account and how much you can do in your account over time.
All accounts at UBA Bank Nigeria have limits, such as how much you can deposit and how much you can transfer or spend in a day, week, month, or year.
So, if you have a UBA Bank Savings account, you can only make so many transfers or transactions.
This means that you can’t send more than a certain amount of money.
But someone might ask, “What is the UBA Savings account in Nigeria?”
Find out by reading on.
DOES UBA BANK SAVINGS ACCOUNT HAVE LIMIT
Yes, there are limits on how much you can transfer and how many times you can use your UBA Bank Savings account in a certain amount of time.
So, all UBA Bank Savings accounts in Nigeria have limits on how much money can be moved, taken out, and put in.
HOW MUCH CAN YOU SAVE IN NIGERIA WITH UBA SAVINGS ACCOUNT?
The balance in a UBA General Savings account can be as high as you want it to be.
So, you can put down any amount you want.
Also, you can take out any amount you want from the cash machine.
For withdrawals and deposits over N500,000, however, the CBN charges 5% and 3% of the amount over N500,000 as a service fee.
That means that you can do whatever you want with your UBA savings account, including transfers, withdrawals, and deposits, at any UBA branch.
But the following are the limits for transactions with UBA digital banking services:
• POS – N1,000,000
• WEB – N500,000
• ATM – N1500,000
CAN I RAISE THE LIMITS ON MY UBA BANK SAVINGS ACCOUNT?
Yes, you can go to the UBA Bank branch in Nigeria that is closest to you, fill out a form, and ask to raise the number of transactions you can make with your savings account.
You can also use the UBA Bank App to raise the number of transactions your account can handle.
CAN MY UBA TRANSACTIONS LIMIT BE RAISED ONLINE?
Yes, you can use the UBA Bank mobile app in Nigeria to raise your UBA transaction limit online.
Make sure you have signed up for mobile banking or online banking so you can use those services to raise your account limits.