The Lion King Magazine | July - September 2017 - page 37

July - September 2017 •
The Lion King
• 37
FEATURE
UBA Connect, an extension of the UBA
Instant Transfer Service, is tailored to
provide solutions to challenges faced
by intra-regional traders and business-
es in payment for goods and services
on the African continent.
The product allows customers to have
instant access to their funds over-the-
counter at any Branch within the UBA
network, enabling the customer to
seamlessly transact from any country
other than the country of account
domiciliation. UBA Connect facilitates
payments for cross-border transac-
tions within Africa.
Currently in the first phase, UBA
Connect was launched in the CEMAC
region in Cameroon, and in the
UEMOA region in Senegal in August,
2017. Customers of UMEOA (Senegal,
Benin, Burkina Faso, Ivory Coast) and
CEMAC (Cameroun, Gabon, Congo,
Tchad) can now enjoy the benefits of
UBA Connect. The subsequent phases
will see other countries follow suit.
UBA CONNECT GOES LIVE
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