UBA Announces New Update on USSD Transactions

UBA USSD | Lanre News

United Bank for Africa (UBA) has communicated to its customers a new update on the use of its Unstructured Supplementary Data (USSD). 

UBA in an email sent to customers on Saturday (5th of June, 2021) informed of a “flat session fee of ₦6.98 for all USSD banking transactions (*919#)”.

The email reads in full; ”In line, with our promise to keep you updated about changes that may affect services you have access to, please be informed that a flat session fee of ₦6.98 for all USSD banking transactions (*919#) has been introduced by your mobile network provider.”

INTERESTING READ: UBA Releases New Update for ATM Naira Debit Card Limit

How does this affect you? 

”When you perform banking transactions like money transfers, bill payments or balance enquiries on USSD (*919#), you will be charged this flat session fee of ₦6.98 from your bank account and the funds will be remitted 100% to your mobile service provider.

”Kindly note that Airtime top-up and Data purchase are exempted from this charge”.

The bank however noted that transactions performed via it’s mobile app or web platform will not incur such charges.

Recall, the Guaranty Trust Bank had earlier sent a similar email to their customers across the county (Nigeria).

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