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    How to Use UBA Bank Transfer Code (*919#)

    How to Use UBA Bank Transfer Code (*919#) – United Bank for Africa Plc (UBA) is a pan-African financial services company based in Lagos, Nigeria. It has offices in London, Paris, and New York and subsidiaries in 20 African countries. The Central Bank of Nigeria classifies it as a commercial bank.

    The Nigerian Stock Exchange lists the group’s stock under the ticker UBA, and it trades under that symbol.

    Tony Elumelu is the Bank’s Chairman, and Kennedy Uzoka is the General Manager.

    UBA History

    Founding (1948)

    United Bank for Africa Plc (UBA) is a pan-African financial services company based in Lagos, Nigeria. It has offices in London, Paris, and New York and subsidiaries in 20 African countries. The Central Bank of Nigeria classifies it as a commercial bank.

    Read also: Access Bank Transfer Code 2021

    The Nigerian Stock Exchange lists the group’s stock under the ticker UBA, and it trades under that symbol.

    Tony Elumelu is the Bank’s Chairman, and Kennedy Uzoka is the General Manager.

    Incorporation (1961)

    Following Nigeria’s independence from the United Kingdom, UBA was formed on February 23, 1961, to take over BFB’s operations. UBA’s shares were subsequently floated on the Nigerian Stock Exchange (NSE)

    IPO (1970)

    In 1970, UBA became the first Nigerian bank to list its shares on the Nigerian Stock Exchange, becoming the first Nigerian bank to do so (IPO)

    Mergers (1990 – 2006)

    UBA was formed by merging the innovative and fast-growing Standard Trust Bank, founded in 1990, and UBA, one of Nigeria’s largest and oldest banks.

    The merger was completed on August 1, 2005, and it was one of the largest on the Nigerian Stock Exchange (NSE).

    Read also: How to Close a Chase Checking or Savings Account?

    Following that merger, UBA went on to buy Continental Trust Bank the following year, growing the UBA name even more. In 2006, UBA bought Trade Bank, liquidated by the Central Bank of Nigeria (CBN).

    Public Offering and Further Acquisitions (2007 – 2008)

    In 2007, UBA completed another successful joint public offering rights issue and acquired three liquidated banks: City Express Bank, Metropolitan Bank, and African Express Bank. Afrinvest UK was also bought by the bank, which was renamed UBA Capital, UK.

    In 2008, UBA stepped up its efforts to develop a solid local and African brand by acquiring two more liquidated banks, Gulf Bank and Liberty Bank.

    Establishment of Subsidiaries (2008 – Present)

    With the formation of UBA Cameroon, UBA Cote d’Ivoire, UBA Uganda, UBA Sierra Leone, and UBA Liberia, and the acquisition of a 51 percent stake in Banque Internationale du Burkina Faso, UBA has been expanding its African footprint.

    It was also the country’s largest bank, with a 40% market share. UBA has 20 African subsidiaries at the moment.

    UBA Bank Transfer Code

    UBA (United Bank of Africa) now offers a direct mobile fund transfer service that works on any mobile device (Android, iOS, Windows, feature phones, etc.) with or without internet access.

    Benefits of Using UBA Mobile Transfer Code

    • It works for all phone types
    • It does not require data on your phone to send money
    • Fast and convenient
    • It allows you to send money to accounts in any Nigerian bank
    • It allows for higher transaction limits of up to N1m per day

    All you need to get started is a registered SIM card from any Nigerian network (MTN, Etisalat (formerly 9Mobile), Glo, Airtel, Ntel, Smile, and so on) linked to an active UBA bank account.

    After that, dial the UBA bank transfer code on the phone number associated with your UBA account.

    How to Use UBA Magic Banking

    To transfer funds from one UBA account to another;

    *919* is the number to dial.

    To donate money, choose option five from the drop-down menu.

    Read also: How to Check UBA Account Balance Using USSD Code and Mobile App

    Select a payment method, such as 1 for a UBA Account or 2 for a UBA Prepaid Card.

    If you are not yet registered, click 1 to register and proceed with the remaining steps. After that, follow the options to complete the transfer.

    Alternatively, you can transfer money at your leisure using the UBA Mobile App. To use it, you must first download and install the app on your smartphone. This option is helpful if you are having trouble utilizing the transfer code or misplaced the phone number associated with your UBA bank account.

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