On 26th October 2022, CBN announced the introduction of new Naira notes which will come into circulation on December 15th 2022, whilst existing Naira notes will remain legal tender until January 2023.
To help you through this transition, we have put together a number of points to guide you.
Preparing yourself for this transition
Start depositing your existing naira notes into a UBA branch closest to you.
Don’t panic, we are adjusting our branch opening hours for your convenience. We will open Saturday (Cash deposit only) from 10am to 2pm.
Zero charges will apply for all cash deposits
Have your debit card handy for payments on POS terminals
If you do not have a digital channel, please download the New UBA Mobile app from your App Store, or access one of our other channels – Leo, Internet Banking, *919 for your transactions.
Remember, present notes can still be used for purchase of goods and services until cut off date in January.
If you have any enquiries, our Customer Experience Experts are available to answer all your questions on 0700 2255822, or email us at [email protected]
Thank you for choosing to bank with us.
