Savings Accounts

With our savings account platform, we enable you have a bright future by saving extensively with interests incurred.

Everyone is different so one size never fits all

That is why we have a wide range of accounts to fit everyone, regardless of situation or lifestyle. So whether you want a basic account or one bursting with options, you will find the right account that meets your expectations.

Regular Savings Account

Take the first step towards managing your money better.
There is a UBA Savings account suitable for everyone.

  • Third-party cheque deposit
  • Flexible opening balance
  • Third party transactions allowed
  • Unlimited number of withdrawals
  • Withdrawal either by cheque or withdrawal slip
  • Attractive interest rates
  • Flexible operating balance
  • Access to digital banking products & services
  • LRD1000/ USD 25 opening balance
  • LRD 300/USD5 minimum operating balance
  • Lodgment of dividend warrants and cheques

Requirements:

  • Only a passport photograph required
  • Utility bill not required

Requirements:

  • A valid ID (international passport/driver’s license/National ID/voter card)
  • Passport photograph
  • Utility bill (not necessary if parent company has a UBA account)

For Students

We have unique savings accounts for the students with a distinctive sense of identity.

Requirements:

  • A valid means of ID (international passport/driver’s license/National ID/voter card)
  • 1 passport photograph each for child and parent
  • Birth certificate of child
  • Evidence of secondary school admission/secondary school student’s ID

Requirements:

  • Evidence of admission (school ID/admission letter/ student biodata form)
  • A passport photograph required

For Employees

Are you an employee?
Take the first step towards managing your money better.

  • A valid form of ID (International passport/Driver’s license/National ID/Voter’s card)
  • Employee ID (low KYC account opened in the absence of international passport/driver’s license/National ID/voter card)
  • Letter of Introduction from employer
  • A passport photograph
  • Utility bill (not necessary if applicant’s company has a UBA account)

For The Self Employed

Are you self employed?
Take the first step towards managing your money better.

  • A valid means of ID (International passport/Driver’s license/National ID/Voter’s card)
  • Passport photograph(for business, one for each of the owners)
  • Certificate of Incorporation/Registration/CBN License (for business enterprise)
  • Two references from current account holders

Children

Would you like to open an account for your child?

  • A valid means of ID (international passport/driver’s license/National ID/voter card)
  • Passport photograph of child and parent
  • Birth certificate of child

All UBA accounts come with

  • Internet Banking
  • Maximum Security
  • Transaction Notifications
  • Chat Banking