United Bank of Africa (UBA) Ghana Limited has partnered Western Union to receive inward remittances from abroad on behalf of customers.

As part of the partnership, the bank will open agencies across the country to help the clients to easily receive their monies.

Gabriel Edgal, Managing Director of the bank, said the bank’s vision of democratizing banking in Ghana and Africa triggered the need to come out with products and services that would help deepen financial intermediation.

“UBA is a pan-African bank and we provide a platform to customers to transact businesses with us. That is why we introduced ‘Africash’ and ‘Afritrade’ to facilitate trade on the continent and also help families to remit monies.”

He noted that the partnership with Western Union will obviously increase the revenue of the bank and bring in more customers, adding,
“We will provide services that will make us unique from the others that are already into partnership with Western Union.”

“Remittances form a major part of foreign income receivables and we are proud to have partnered Western Union.”

UBA Ghana currently has branches across the country and is very strong in retail and consumer banking.

It has a footprint of 26 fully-networked branches and 40 ATMs (VISA enabled) in Accra, Tema, Kumasi, Takoradi and Aflao.

The bank’s vision is to become the undisputed leader in the financial services industry in Africa.

Source: Daily Guide