The African world bank, United Bank for Africa (UBA) Plc, said it had processed more than 25,000 transactions in the past four months.

The bank has been able to achieve this by leveraging state-of-the-art technology to improve its service offering to meet the demands of its customers.

Transactions successfully processed by the bank between January and April 2022 include requests for personal travel allowance, business travel allowance, payment of medical bills, maintenance and payment of school fees.

This feat is quite huge considering that other banks were unable to process more than 10,000 transactions during this time. It’s also a testament to how technology is revolutionizing financial services.

What you should know

  • Over the years, UBA has invested in robust technology platforms to support the seamless integration of services to meet the unique needs of its customers in the digital age.
  • It has also provided access to trade links on most of its digital channels, allowing customers to easily transact from the comfort of their mobile phones.
  • The bank has continued to leverage its presence across Africa to create an avenue for commerce between countries/individuals while facilitating easy payment for goods and services rendered across these borders.
  • It continues to help businesses process Form M and Q for Import of Goods, Export Trade – Form NXP (Commercial Export) and NCX (Non-Commercial Export).