UBA Tells Easy Steps To Help Customers Transition From Old To New Naira Notes

United Bank for Africa (U.B.A) has provided customers with easy ways to transition from old Naira notes to new ones.

On Wednesday, October 26, 2022, the Central Bank informed Nigerians of the plan to redesign and re-issue higher Naira notes.

The new Naira notes will come into circulation on Thursday, December 15, 2022. The old notes will cease to be legal tenders at the end of January 2023.

The financial institution with Oliver Alawuba as Group Managing Director and Chief Executive Officer provided customers with easy steps to transition this period in a personalized mail that reads…

On 26th October 2022 CBN announced the introduction of new Naira notes which will come into circulation on December 15th, 2022, whilst existing Naira notes will remain legal tender until January 2023.

To help you through this transition we have put together a number of points to guide you.

Preparing yourself for this transition

1. Start depositing your existing naira notes into a UBA branch closest to you.
2. Don’t panic, we are adjusting our branch opening hours for your convenience. We will open Saturday (Cash deposit only) from 10am to 2pm.
3. Zero charges will apply for all cash deposits
4. Have your debit card handy for payments on POS terminals
5. If you do not have a digital channel, please download the New UBA Mobile app from your App Store, or access one of our other channels – Leo, Internet Banking, *919# for your transactions.

Remember, present notes can still be used for the purchase of goods and services until cut-off date in January.

If you have any inquiries, our Customer Experience Experts are available to answer all your questions on 0700 2255 822, or email us at [email protected]

Thank you for choosing to bank with us