Unity Bank has announced the launch of Unity 1 Account, an electronic product that puts customers in charge of their banking experience, offering greater electronic convenience and interactivity for online account opening with minimal documentation.
With Unity 1 Account, customers are able to open their bank account and carry out transactions instantly, from anywhere in the world.
Unity1 Account is a Tier 1 online Account which requires virtual documentation (name, phone number, passport photograph, address and the customer’s BVN) as a means of authenticating the customer’s identity before commencement of online account opening.
The Group Head, e- Business of Unity Bank, Mr. Benedict Anyalenkeya, described Unity1 Account as ‘‘banking simplified’’ and “the game changer in electronic and digital banking which harnesses the potentials of the online space in driving financial inclusion while also addressing personal banking needs of Nigerians from all walks of life”.
Unity 1 Account is accessible online via Unity Bank’s website and other social media platforms. Successfully opened accounts are instantly issued debit cards become active instantly on mobile and internet banking platforms. Unity 1 Account also enables holders to enjoy certain degree of discounts at designated merchant locations.
Unity1 Account allows customers to make a maximum single deposit of N50, 000 per day and a maximum cumulative balance of N400, 000 in the account. Holders will also be able to transact with their mobile phones up to a daily limit of N30, 000.
It’s Simple to Open a Unity 1 account. Prospective customers only need to click on the ‘open a Unity1 account link’ on the bank’s website to respond to the prompt of whether he or she has a Bank Verification Number (BVN) or not. Upon inputting the BVN, an authentication code will be sent to the phone number with which the BVN was registered.
As soon as the authentication code is filed in the form and submitted, the customer’s details pop up automatically and on accepting the terms and conditions and clicking submit, the customer gets an alert on his or her phone or e-mail showing the ‘account number’
Having taken a shot at becoming a Unity1 account holder, the customer’s journey to transacting on his or her account remains only two final steps: one, go to any platform such as Quickteller, mobile accounts or ask a third party to pay money into your Unity1 account and two, visit the nearest Unity Bank branch to pick up your Unity1 Verve debit card.
Among other benefits of Unity1 Account are:
- Enjoy the benefits of having a bank account with very minimal documentation on visitation to bank branches
- Ability to have an account from the comfort of your home or work
- Instantly receive money without visiting the bank branch
- Enjoy the benefits of carrying your bank on your phone
- Run your banking transactions at your own terms