Union Bank: USSD Code, Transfer Charges, SWIFT Code & Rates
Commercial bank · Union · 40 Lagos branches · ₦5M NDIC coverage
Part of Titan Trust group. Good for pan-West African banking.
Acquired by Titan Trust Bank (Togo-based) in 2022. 300+ branches nationwide. UnionMobile app and *826# USSD.
Union Bank is a Commercial bank (CBN-licensed, NDIC-insured) founded in 1917 (109 years ago), operated by Titan Trust Bank. As of 2026 it serves approximately 10M+ customers through 290 branches nationwide.
- Founded
- 1917 · 109 years serving Nigerians
- Parent company
- Titan Trust Bank
- Customer base
- 10M+
- Branches nationwide
- 290
- Bank type
- Commercial bank (CBN-licensed, NDIC-insured)
- Website
- unionbankng.com
- Address
- Stallion Plaza, 36 Marina, Lagos Island, Lagos, Lagos
If you make 20 transfers, 4 other-bank ATM visits, and 30 SMS alerts per month:
₦1,800 more than Kuda (₦2,400/yr). That's 0 bags of rice.
Compare with all 23 banks →Time to open: 15 minutes · Online via app
- Bank Verification Number (BVN)Mandatory for all Nigerian bank accounts. Get one at any bank branch for free.
- Valid IDNational ID (NIN), International Passport, Voter's Card, or Driver's Licence.
- Passport photographRecent passport-sized photo. The mobile app may accept a live selfie instead.
- Utility billAddress verification. Electricity bill, water bill, or tenancy agreement (last 3 months).
- Minimum opening balance₦0 for savings accounts. ₦5,000-₦10,000 for current accounts.
Founded 1917 — one of the oldest banks in Nigeria. Recently acquired by Titan Trust Bank (2022), integration ongoing.
Retail banking app with corporate features. Union has traditionally leaned corporate + retail rather than pure retail.
Post-acquisition integration means product changes are ongoing through 2025-2026. Fee structures may shift.
Union's traditional strength was corporate/institutional banking — public-sector, energy, and manufacturing.