2009 Annual Report and Financial Statements - UBA Plc
2009 Annual Report and Financial Statements - UBA Plc
2009 Annual Report and Financial Statements - UBA Plc
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Our products <strong>and</strong> services<br />
Selected retail liability account products<br />
26<br />
<strong>UBA</strong> Gold Savings Account<br />
This is a hybrid of a savings <strong>and</strong> current account which gives the customer the<br />
desired benefi ts derived from both accounts.<br />
<strong>UBA</strong> Gold Plus Savings Account<br />
This is a variant of <strong>UBA</strong> Gold account. It is a savings account that allows writing of<br />
non- clearing cheques to third parties.<br />
Freedom Savings Account<br />
A cashless account that requires no funding in opening the account to encourage<br />
the un-banked <strong>and</strong> under-banked to open an account with the Bank.<br />
Employee Savings Account<br />
A savings account for eff ective salary/payroll administration for organisations.<br />
<strong>UBA</strong> Professional Account:<br />
A current account for salary/pay roll administration of employees in private <strong>and</strong><br />
public sector. It has zero opening balance <strong>and</strong> operating balance of N1 000 <strong>and</strong><br />
provides benefi ts of consumer credit facilities for account holder.<br />
Lion Prime Account<br />
A special current account for individuals, enterprises, societies <strong>and</strong> associations<br />
designed to reward account holders who maintain operating balance of N500 000<br />
with benefi t of zero COT <strong>and</strong> credit interest.<br />
Domiciliary Account<br />
An account operated in foreign currencies with opening balances of $100, €80, £70.<br />
Account holder enjoys benefi ts such as non-clearing Cheque book, Dual Currency<br />
Debit Card <strong>and</strong> credit interest payable on account with balance of $1 000 or its<br />
equivalent.<br />
<strong>Annual</strong> <strong>Report</strong> <strong>2009</strong><br />
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