U-Care Savings Account
It is an education-specific savings account for Parents/Guardians to support the education of their child/wards through primary & secondary schools.
Features
- Opening/Operating balance of N2, 000.
- Maximum number of two withdrawals per quarter.
- Third party withdrawal is allowed (only 1 introduced third party)
- Network transactions allowed
- Lodgment of cheques and dividend warrant issued in favour of account holder allowed into account.
Benefits
- Attractive Interest rates payable on the account.
- Free customized gifts.
- School fees payment on-line.
- Credit facility availability for salary account holders.
- Free debit card
- Access to internet & mobile banking
Targeted Audience
- Parents/Guardians who seek to save for their children’s education.
- Undergraduates to meet their school fees payments
Application Requirements
- Completed account opening form
- Two passport photos of account holder and beneficiary respectively.
- Birth Certificate or international passport of the beneficiary
- Valid means of identification i.e. International Passport, Driver’s Licence, National ID with any other ID that captures prospect’s signature or Letter of introduction by a UBA current account holder
- Copy of Utility bill not exceeding 3 months old.
- 2 current A/c referees, if dividend warrants & cheques would be lodged into the accounts.
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