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BANKING · QUARTERLYas of 2026-07-28

Union Bank: USSD Code, Transfer Charges, SWIFT Code & Rates

Commercial bank · Union · 40 Lagos branches · ₦5M NDIC coverage

AT A GLANCE
SWIFT
UBNINGLA
USSD
*826#
Savings rate
1.5–3.5%
Fixed deposit
13–18%
WHY THIS BANK

Part of Titan Trust group. Good for West Africa banking.

Titan Trust Bank buy am 2022. 300+ branch for Nigeria.

ABOUT Union Bank
Bank profile · we don verify am

Union Bank na Commercial bank (CBN license, NDIC dey insure am) wey dem start for 1917 (109 years ago), and na Titan Trust Bank dey operate am. For 2026 e dey serve about 10M+ customers through 290 branch nationwide.

Dem start am
1917 · 109 years dey serve Nigerians
Owner company
Titan Trust Bank
Customer base
10M+
Branch for Nigeria
290
Bank type
Commercial bank (CBN license, NDIC dey insure am)
Website
unionbankng.com
HEAD OFFICE
Union Bank headquarters
Address
Stallion Plaza, 36 Marina, Lagos Island, Lagos, Lagos
CHARGES
CBN-regulated · effective May 2026
Transfer <₦5,000
FREE
Transfer ₦5,000–₦50,000
₦10
Transfer >₦50,000
₦50
SMS alert
₦5 / SMS
Email alert
FREE
ATM card issuance
₦1,500
ATM card maintenance· scrapped May 2026
FREE
Virtual card
FREE
Current acct maintenance· ₦0 from 2027
₦0.5/₦1,000
Hardware token
₦2,500
Min opening balance
₦0
NDIC coverage
₦5M NDIC coverage
TRUE YEARLY COST
at typical use

If you dey do 20 transfer, 4 other-bank ATM visit, and 30 SMS alert every month:

Union4,200/year

₦1,800 more than Kuda (₦2,400/yr). That na 0 bags of rice.

Compare with all 23 bank →
HOW TO OPEN ACCOUNT

Time to open: 15 minute · Online through app

UNIQUE FEATURES
124 years old

Dem found am 1917 — one of the oldest bank for Nigeria. Titan Trust Bank recently buy am (2022), integration still dey happen.

UnionMobile

Retail banking app with corporate feature. Union don traditionally lean corporate + retail rather than pure retail.

Titan Trust integration

After acquisition, integration still dey go on through 2025-2026. Fee structure fit change.

Historical corporate focus

Union traditional strength na corporate/institutional banking — public-sector, energy, and manufacturing.

APP RATINGS & CONTACT
iOS rating
4 / 5
Android rating
3.8 / 5
Lagos branches
40
Lagos ATMs
100
QUESTIONS PEOPLE DEY ASK PASS
Answer about Union Bank
Wetin be Union Bank USSD code?
Union Bank USSD banking code na *826#. Dial am from any phone wey link with your account to transfer money, check balance, buy airtime, or pay bills — no data or app need.
Wetin be Union Bank SWIFT / BIC code?
Union Bank SWIFT/BIC code na UBNINGLA. Use am when you dey collect international wire transfer to your Union Bank account.
Wetin be Union Bank transfer charges?
bankingDetail.faqTransferA
Wetin be Union Bank savings account interest rate?
Union Bank dey pay 1.5%–3.5% per year on savings account balance (as of 2026). Real rate depend on balance tier and account type.
Wetin be Union Bank fixed deposit rate?
Union Bank dey offer 13%–18% on fixed deposit, e depend on tenor (30, 60, 90, 180 or 365 days). Higher amount and longer tenor go earn better rate.
Where Union Bank head office dey?
Union Bank headquarters dey at Stallion Plaza, 36 Marina, Lagos Island, Lagos, Lagos, Nigeria.
NDIC dey insure Union Bank?
Yes. Deposit for Union Bank dey insured by Nigeria Deposit Insurance Corporation (NDIC) up to ₦5,000,000 per depositor per bank.
How I fit contact Union Bank customer service?
Website: unionbankng.com. Phone: —. Head office visit: Lagos Island, Lagos.
COMPARE WITH OTHERS
FeatureUnionKudaAccess
SMS fee₦5FREE₦5
Transfer ₦5K-₦50K₦10₦10₦10
Savings rate3.5%12%3.5%
NDIC₦5M₦2M₦5M
App rating4/54.5/54.4/5
Yearly cost₦4,200₦2,400₦4,200
RELATED
SWIFT CODE
UBNINGLA

For international transfer — see which remittance platform dey give the most naira.

SAVINGS vs STOCKS
3.5% vs NGX +55% YTD

Where ₦1M dey grow faster — savings or NGX stock?

IN RICE BAGS
₦4,200 = 0.1 bags rice

Yearly banking charge for Lagos market term.

Back to all 23 bank wey we compare