Are you wondering what the transfer limit is for the UBA Mobile App? If so, you’re in the right place.
The UBA Mobile App is a powerful tool that makes it easy to manage your finances on the go. In this article, we’ll explore the transfer limit for this app and what you need to know about it.
What Is UBA Mobile App?
The UBA Mobile App is a mobile banking app designed to help you manage your finances from anywhere in the world. With this app, you can access your account details, transfer funds, pay bills, and much more. It’s available for both Android and iOS devices and has garnered positive reviews from users worldwide.
What Is Transfer Limit?
A transfer limit is a restriction that is placed on the amount of money that can be transferred from one account to another within a certain period. This limit varies depending on the bank or financial institution and may be affected by various factors such as account type, age of account, and transaction history.
What Is The Transfer Limit For UBA Mobile App?
The transfer limit for UBA Mobile App varies depending on the type of account you have and other factors such as transaction history. Generally, there are two types of transfer limits:
- Daily Limit: This refers to the maximum amount of money that can be transferred in a single day.
- Monthly Limit: This refers to the maximum amount of money that can be transferred within a month.
UBA offers three different daily limits for its customers based on their transaction requirements. These limits include:
- Level 1: N50,000 (Fifty Thousand Naira)
- Level 2: N200,000 (Two Hundred Thousand Naira)
- Level 3: N1,000,000 (One Million Naira)
UBA also offers monthly limits to its customers. The monthly limit is the cumulative total of all transactions carried out within a month. The monthly limit for UBA Mobile App is set at N5,000,000 (Five Million Naira) for all account types.
How To Increase Transfer Limit For UBA Mobile App?
If you need to increase your transfer limit for UBA Mobile App, you can visit any UBA branch and fill out a request form. You will be required to provide some information such as your account details and the reason why you need an increase in your transfer limit.
The UBA Mobile App is a powerful tool that allows customers to manage their finances on the go. With daily and monthly transfer limits in place, customers can enjoy a safe and secure banking experience. If you need to increase your transfer limit, simply visit any UBA branch and fill out a request form.