United Bank for Africa / Fraud!
Don't you ever trust them, if you get the following email:
THE MANAGER,
UNITED BANK FOR AFRICA
UBA HOUSE 57 MARINA
LAGOS NIGERIA
Tel: +[protected], Fax:[protected]
unitedbankforafricaremittance
Your application have reached the International Remittance Department of the United Bank For Africa, Your Letter is clearly understood and confirmed, On behalf of the management of the Bank, please accept our deepest sympathy on the death of your relative and our highly esteemed customer.May his soul rest in peace.
Upon the presentation of the legal document to the bank, your inheritance fund shall be wired to your bank account via international telegraphic wire transfer(ITT)within 48hours upon verifications
Endeavour to send the required informations/documents as soon as practicable to enable us commence action on the release of the funds to you.
The following are the required informations/documents needed for our perusal and sighting:
1. The Death Certificate
2. Police Report
3. Letter of Administration(Duly signed by a Nigerian Lawyer)
4. Sworn Affidavite Of Oath(Duly Sworn at the Federal High Court of Justice by a certified Legal Practitioner based in Nigeria)
5.Funds Certificate Of Deposit
All the documents listed above are to prove that you are legible and the sole beneficiary to the deposited Fund.
You are required to submit the above documents to UBA PLC before the fund can be processed and transfered in to your nominated bank account your .
We are including a reference code numbe(REF.CODE:UBA/[protected]/PJ/001 ) as a subject to every email reaching you from this office, you are advise to include the reference code as a subject in all your mails to this office for security reasons .
Thank you for your understanding and Co-operation.
We look forward hearing from you.
Your's faithfully,
Mr.Godfrey Osita
(International Remittance Department UBA)
Date
Just for your Information:
With the emerging IT tools in the banking industry, United Bank for Africa is not ready for real business. I find it very difficult to believe that a bank like UBA will take over 2 weeks to effect funds transfer as a result of bad banking policy. I was also shocked to hear that Lagos branch is the only hub for forex which means other branches will have send their transactions to lagos for processing. Infact, the chaps in lagos office always insist that the branch office send not just scanned copies via the bank email but the original paper work via DHL or UPS which automatically delay the transaction by minimum of 3 - 4 days.
My very close friend had a terrible experience with UBA during his funds transfer to his bank in the UK. He funded his account as agreed and provided all required documentations for the transfer but to his greatest surprise the bank came back to him 2 weeks later demanding for extra money due to increase in exchange rate as a result of delay in getting his papers work across to lagos.
UBA should lean from standard Chartered bank and all other big players in the banking industry, they should learn to process transaction on time with agreed terms and not keep it for 2 weeks and thereafter demand extra money from their customers as a result of increase in exchange rate.
UBA should also create new foreign transaction hubs in different regions in the country and stop relying on lagos as the only processing point as this creates bottleneck if the files from other branches are far more than the staff strength in lagos.
I hope the bank will turn a new leaf as we approach 2009.
All the best.