banking_tips

HOW TO TRANSFER MONEY FROM UNION BANK

Union Bank of Nigeria was founded in 1917 as Colonial Bank, making it one of the oldest banks in Nigeria. It has undergone several name changes and transformations over the years, including being known as Barclays Bank (Dominion, Colonial, and Overseas) and later as Barclays Bank of Nigeria. In 1971, it became Union Bank of Nigeria after the Nigerian government acquired a majority stake in the bank, they began offering a wide range of financial services, including retail banking, corporate banking, and investment banking. It operates numerous branches and ATMs across Nigeria, serving both individual and corporate customers. Like many modern banks, Union Bank has embraced digital banking technologies to provide its customers with convenient and efficient services. This includes online banking platforms, mobile banking apps, and USSD banking for basic transactions which can be performed without internet access.

How To Activate Union Bank Transfer Code: *826#

To enjoy the benefits of the Union Bank’s USSD code service, you must activate it on your phone. The registration process is straightforward and free. Here’s how to activate it:

  1. Open your phone’s call app.
  2. Use the phone number linked to your account.
  3. Dial *826#.
  4. Enter your 10-digit account number on the next prompt.
  5. Input the last six digits of your debit card.
  6. Set a four-digit transfer PIN.
  7. Confirm your details.
  8. You’ll receive a confirmation message indicating successful activation of the service on your phone.

How To Use Union Bank’s USSD Code: *826#

Union Bank’s USSD code can be used for a number of purposes, some of these are listed below:

  1. How to transfer money to an account with Union Bank’s USSD *826*1*Amount*Account No#, after which you will select the destination bank and input your pin setup in the step above.
  2. How to check account balance with Union Bank’s USSD *826*4#. Your union bank account balance will display on the screen and also on your SMS message. Note: You will be charged N 6.98 from your account
  3. How to request for a loan with Union Bank’s USSD *826*41#
  4. How to buy airtime with Union Bank’s USSD *826*Amount#
  5. How to buy airtime for others with Union Bank’s USSD *826*Amount*3rd party mobile Number#.
  6. How to purchase data with Union Bank’s USSD *826*9#
  7. How to request for ATM card with Union Bank’s USSD *826*21#.
  8. How to perform cardless withdrawal with Union Bank’s USSD *826*7*amount#.

While Union Bank has a rich history dating back over a century, continually adapting to modern banking needs with its USSD code, the financial landscape in Nigeria is witnessing a new evolution with platforms like DartAfrica which we will talk about shortly. DartAfrica’s innovative approach to the newly adopted cryptocurrency and how they perform crypto-fiat conversion with a focus on eliminating transaction fees are reshaping how Nigerians access and utilize their digital assets. As Union Bank enables seamless digital banking through USSD technology, DartAfrica, on the other hand, paves the way for effortless cryptocurrency-to-fiat conversions, ultimately offering Nigerians a more diverse and user-centric financial experience. Together, these advancements reflect the dynamic nature of Nigeria’s financial sector, catering to both traditional and emerging needs.

Best Application To Sell Bitcoin for Fiat in Nigeria

DartAfrica emerges as a revolutionary platform that facilitates the smooth conversion of cryptocurrency assets into fiat, allowing for convenient withdrawals to local banks. Operating in Ghana and Nigeria initially, this platform simplifies the process of selling popular cryptocurrencies like USDT, USDC, ETH, and BTC, with plans for further expansion. One of DartAfrica’s standout features is its commitment to eliminating transaction fees, setting it apart from traditional exchange platforms and financial institutions. This not only ensures cost-effectiveness but also empowers users to optimize their profits. With its user-friendly interface and rapid growth, DartAfrica has the potential to redefine the landscape of crypto-fiat transactions, effectively meeting the diverse preferences of its consumer base. As DartAfrica continues to innovate, it’s poised to reshape the dynamics of crypto trading and conversion. Moreover, DartAfrica’s emphasis on user control over portfolios and the option to trade and withdraw directly to local bank accounts enhances its appeal, fostering a more user-centric experience. As the platform continues to provide transparent and convenient crypto-fiat solutions, it establishes itself as a significant player in the evolving financial technology arena.