Finest Neo Financial institution, a world monetary remittance firm, and United Financial institution for Africa Liberia department (UBA), one among Africa’s main monetary establishments, have formally launched a speedy monetary switch with zero charges or tariffs partnership.
By Lincoln G. Peters
Monrovia, August 22, 2025: The Fast Switch partnership launched between BnB and UBA, is an inbound and outbound worldwide switch service that enables prospects to ship and obtain cash simply and securely to a number of nations throughout Africa-including Ivory Coast, Ghana, Nigeria Sierra Leone, Guinea, Uganda, Rwanda, Mail, Senegal, in addition to to locations in China, the USA, Europe, and extra.
The service, now accessible in any respect UBA branches nationwide, seeks to offer a wide-reaching community for people and companies to entry a quick and dependable cash switch answer and to broaden entry to cash switch companies throughout the nation and internationally.
The official launch ceremony, which was held on Thursday, August 21, 2025, on the UBA headquarters, Broad Avenue in Monrovia, introduced collectively workers from each establishments, in addition to prospects, because the partnership
Remarking on the program, Mr. David Ojo, Managing Director – BnB termed the partnership settlement and signing as a step to maneuver and broaden digital banking in Liberia, whereas reflecting that the connection between BnB and UBA-Liberia is dated way back to 2020 when the corporate got here to Liberia they usually had been one of many first financial institution that accepted the ideology of BnB.
” One of many main advantages is the costs. We’ve a free promo for all of our prospects. So, with this, all UBA prospects who’ve causes to ship cash to all the nations accessible on our platform proper now will get pleasure from zero charges. Equally, all of our prospects from BnB will get pleasure from zero charges at any of UBA branches. Simply stroll to any of the UBA branches and inform them that you just wish to ship cash, and you’ll get pleasure from a free switch. BnB covers all bills,” he stated.
He said that they are going to make sure that the interrelationship between Africans is stable and strengthened by way of monetary integration.
“UBA-Liberia has stood behind BnB since then, they usually have supported us all the time, from banking relationship to integration and now to formally launching our inbound and outbound throughout all UBA branches in Liberia. I believe it is a nice initiative and collaboration we have now ever had in Liberia. Additionally, throughout our tender launch, we may see the points of interest that the partnership and product introduced.”
For his half, Mr. Ayokunle Olajubu, Managing Director -UBA, expressed appreciation and gratitude to BnB Liberia for the partnership, whereas including that the partnership would allow Africans and vacationers to maneuver with money and reply to household wants safely.
In keeping with him, with the brand new partnership and subsequent launch, Liberians can now switch cash throughout Africa, Europe, America, and Asia and internally with out standing within the scorching solar.
” We’re comfortable that we’re launching this BnB monetary program for speedy monetary switch companies throughout the nation and the world. We’re glad to have them right here. We wish to categorical gratitude to you for this considerate partnership. We promise to maintain our facet of this mutually helpful partnership, whereas wanting ahead to doing extra enterprise with you and your companions,” he concluded.
United Financial institution for Africa (UBA) is a number one Pan African Financial institution and one among Africa’s main monetary establishments, with operations in 20 African nations, in addition to a presence in america, the UK, France, and the United Arab Emirates (UAE).
UBA supplies a variety of banking and monetary companies, together with retail and company banking, SME banking, Digital banking options (Leo, UBA Cell Banking, Web Banking), commerce and funding banking, Treasury and capital market companies, and remittances and cross-border funds.
Then again, BnB is a number one fintech platform dedicated to reworking monetary companies in Liberia and throughout Africa, with give attention to getting cash transfers and digital funds quicker, extra reasonably priced, and extra accessible for everybody.
By means of progressive options like financial institution and cellular pockets integration and USD-based transfers, BnB helps to advertise cashless transactions, empower the unbanked, and assist small companies. Our objective is to drive inclusive financial development by providing safe and dependable monetary companies to people and communities throughout the nation. -Edited by Othello B. Garblah.
