In an era of increasingly interconnected global economies, selecting the appropriate bank and providing precise transfer information has become essential for ensuring both the security and timeliness of international transactions. This is particularly true when dealing with African financial systems, where knowledge of specific SWIFT/BIC codes proves vital.
UNITED BANK FOR AFRICA PLC (UBA), a leading African financial institution, offers diverse banking services and has established a strong reputation among both individual and corporate clients. For international money transfers, the correct SWIFT/BIC code serves as a critical component. UBA's SWIFT/BIC code is UNAFNGLA003 , with the bank's headquarters located at 12/14 Broad Street, Lagos, Nigeria (Postal Code: 102263).
When initiating cross-border transfers, especially those destined for European countries like France, verification of SWIFT/BIC information becomes imperative. Proper documentation not only facilitates successful fund delivery but also minimizes potential delays and additional charges stemming from incorrect details. For illustrative purposes, a $10,000.00 transfer through UBA would typically yield approximately €8,409.00 for the recipient. Errors in this process could result in failed transactions or even permanent loss of funds.
Financial experts recommend triple-verifying three key elements before executing international transfers: the recipient bank's official name, the accurate SWIFT/BIC code, and the receiving branch information. This verification protocol serves as the primary safeguard against transfer failures while ensuring timely delivery. Additionally, understanding potential foreign exchange fees and currency fluctuation patterns enables more accurate cost projections for overseas transactions.
The success of international financial operations ultimately depends on meticulous attention to detail. For clients utilizing UNITED BANK FOR AFRICA PLC's services, memorizing the SWIFT/BIC code UNAFNGLA003 and conducting pre-transfer verification represent critical steps in transaction completion.