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Zero minimum operating balance.
The minimum balance is usually calculated as the actual dollar balance in the account but may be an average balance in the account over a certain period of time. This is beneficial for individuals that don't have a steady source of income. There can also be more than one minimum balance for the same account.
I/We hereby irrevocably undertake to indemnify the Bank and hold it harmless from and against all costs (including without limitation legal fees and expenses, claims, losses, liabilities, damages and proceedings) whatsoever that the Bank may suffer or incur or that may arise as a result of the Bank's accepting or ...
Opening a UBA account is easier than ever before, that is why we have a wide range of accounts to fit everyone. Regardless of situation or lifestyle, you can start online.
The minimum balance required to maintain a savings account is usually low (\u20a61000-\u20a62000) or waived depending on the financial institution but the minimum balance for a current account it is much higher in comparison.
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People also ask

Maximum single deposit of N50, 000.
Benefit of Opening a UBA Target Account: N100,000-N999,999 = 3.80% N1million \u2013 N4,999,999 = 3.85% N5million and above = 4.00%
FAQs. What is the UBA Zero Account ? The Zero Instant Savings Account is savings account which can be opened without immediate funding. It is designed to encourage the un-banked and the under-banked to open a savings account.
UBA has advised that the daily limit approved by the Central Bank of Nigeria (CBN)for online funds transfer (with Secure Pass) for account maintained by individual/companies is N1,000,000.00/10,000,000.00 respectively.
UBA Bumper Account An account that rewards you with exciting prizes for saving a minimum of N5,000. This is an account for salary earners, professionals, students, entrepreneurs and all other individuals.

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