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Union Bank of Nigeria Domiciliary Account

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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  • Charge of 0.05% on amount withdrawn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

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  • 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
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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

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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
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