This article will show you how to transfer money from Mobile money to a UBA bank account. First things first, you need to have registered for UBA mobile banking services.
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How to Transfer Money from MTN Mobile Money to UBA Bank Account
The steps below will guide you on how to send money from MTN MoMo wallet to your UBA bank account;
1. Open the phone app and dial *165# then press the call button.
2. Enter a number that corresponds to the Financial Services option (option 6).
3. Select option 1, Bank Deposit since we are transferring funds from mobile money to bank account.
4. Go to the next page (press 00) and select a number that corresponds to UBA.
5. Hereafter, you will have to enter your account number.
6. Enter the amount that you are willing to transfer.
7. Then confirm the transaction with MTN mobile money pin.
MTN Wallet to Bank Charges
| TIERS | CHARGES |
| 500 – 2500 | N/A |
| 2,501-5,000 | 1,500 |
| 5,001 – 15,000 | 1,500 |
| 15,001 – 30,000 | 1,500 |
| 30,001 – 45,000 | 1,500 |
| 45,001 – 60,000 | 1,500 |
| 60,001 – 125,000 | 1,500 |
| 125,001 – 250,000 | 2,250 |
| 250,001 – 500,000 | 4,100 |
| 500,001 – 1,000,000 | 6,150 |
| 1,000,001 – 2,000,000 | 9,250 |
| 2,000,001 – 3,000,000 | 11,300 |
| 3,000,001 – 4,000,000 | 11,300 |
NOTE: The UBA account holder should strictly use a number used for mobile banking registration otherwise an error will occur hindering the transaction.
Read Also: Here’s a List Of Mobile Banking Apps in Uganda
How to Transfer Money from Airtel Money to UBA Bank Account
The steps below will show you how to send money from Airtel Money mobile account to a UBA bank account;
1. Launch the dialer then dial *185# and press the call button.
2. Opt for option 7 which is Financial Services.
3. Then select option 1, Banks.
4. Go to the next page by entering 10 then select a number that corresponds to the UBA bank option.
5. Key in the Account number.
6. Enter the amount that you want to transfer into your bank account.
7. Confirm transaction with Airtel Money pin.
Airtel Wallet to Bank Charges
| TIERS | CHARGES |
| 5,001 – 15,000 | 700 |
| 15,001 – 30,000 | 900 |
| 30,001 – 45,000 | 1,350 |
| 45,001 – 60,000 | 1,500 |
| 60,001 – 125,000 | 2,000 |
| 125,001 – 250,000 | 2,250 |
| 250,001 – 500,000 | 6,000 |
| 500,001 – 1,000,000 | 9,000 |
| 1,000,001 – 2,000,000 | 13,500 |
| 2,000,001 – 3,000,000 | 16,500 |
| 3,000,001 – 4,000,000 | 16,500 |
| 4,000,001 – 5,000,000 | 16,500 |
NOTE: Transfer charges are determined by Airtel Uganda. The account holder should strictly use a number you used for mobile banking registration.