AfriCash

UBA-AfriCash is designed to provide an efficient payment system

Send and receive money in Africa with AfriCash

UBA AfriCash is designed to provide an efficient payment system for the booming and largely informal trade activities within the African Regions of the WAMZ, UEMOA, CEMAC and East/Southern Africa as well as provide a platform for settlement of imports and exports in respect of their formal trade Transactions

Features

  • The exchange rate is automated on the platform based on daily rate advised by treasury department.
  • The product gives window for refund or cancellation based solely on sender’s request or technical problem.
  • AfriCash is available to account holders and walk-in customers

Benefits

  • The transaction is tied to reference code, test question and answer which makes it fool proof.
  • The transfer can be collected within five minutes.
  • It can be initiated /liquated from any business office between two African countries in LCY/USD (where regulations allow USD transfers).

Requirements

  • A valid means of ID: International Passport, National lD, Driver's License, Voter’s Card or other acceptable IDs.
  • Send and Receive transactions available to both account and non-account holders)
  • Amount to cover principal + charges
  • Reference number
  • Transfer Details of sender and receiver
  • Test question and answer

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