Union Bank of Nigeria Domiciliary Account

Union Bank of Nigeria Domiciliary Account

Domiciliary Savings Account

This is a foreign currency account that gives customers the option to save in any of the three global currencies (US Dollars, Euros and GB Pounds) while earning interest.

• Account opening balance of $100 or its equivalent in Pounds and Euros
• Charge of 0.05% on amount withdrawn
• Interest earned is 0.2% p.a (interest will be forfeited when withdrawal is more than 4 times in a month)
• 05% is charged on cash withdrawals

Requirements

• 2 passport photographs
• Valid means of identification: international passport or Driver’s license/National Identity card
• Current Utility bill (not more than 3months old) or signed tenancy agreement
• BVN
• CIU Form

Domiciliary Current Account

This is a foreign currency account that gives customers the option to bank in any of the three global currencies (US Dollars, Euros and GB Pounds).

• Account opening balance of $100 or its equivalent in Pounds and Euros
• Swift charge of 22USD, 15GBP & 18EUR for transfers
• Access to International transfer
• Transfer charge of 0.1% of principal amount (2% when cash deposits are transferred)
• 0.05% is charged on

Requirements

• 2 passport photographs
• Valid means of identification: international passport or Driver’s license/National Identity card
• Current Utility bill(not more than 3months old) or signed tenancy agreement
• BVN
• 2 valid references
• CIU Form

Travel Card (USD) Domiciliary Account

Travel Card is dollar denominated and it is directly linked to your Travel USD domiciliary account. All transactions carried out using the card reflects on the dollar account instantly.

• Account Opening balance is $100
• 3% interest rate p.a on the domiciliary account.
• Over the Counter transaction is allowed on the account
• Validity is for 3 years
• Annual Maintenance of $20
• Issuance of Priority Pass for access to VIP lounges around the world
• Cost per person per visit at VIP lounges is capped at $27
• The Card has no limit.
• Discount on travel tickets from some selected airlines

Requirements

• 2 passport photographs
• Valid means of identification: international passport or Driver’s license/National Identity card
• Current Utility bill (not more than 3months old) or signed tenancy agreement
• BVN
• 2 valid references
• CIU Forms