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Electronic Fund Transfer (EFT)
Transfer funds electronically at any UBA Branch.
Enjoy greater flexibility and convenience
This is the electronic transfer of money from one bank account to another, either within a single financial institution or across multiple institutions, via computer-based systems, without the direct intervention of bank staff.
Product Features
- Geographical coverage is the whole country
- Account with the bank needed
- Transaction currencies can be UShs or foreign currency (US$, £ sterling, Euro or KES)
- Fund transfers between banks from payer’s account to the payee’s account is done electronically.
Benefits
- Low cash handling risks
- Service is low cost
- Reduces congestion in the banking halls and saves time for the customer.
Requirements
- Enough funds (credit balance) in local or foreign currency
- Names and account details of beneficiary/ recipient
- Name and address of recipient Bank
Move money with EFT today
Visit any UBA branch closer to you to get your money transferred in no time. For more information call 0800100030 (Toll free) WhatsApp 0780142329 or email cfcuganda@ubagroup.com