Corporate Account

When you consider the advantages that come with a UCB Corporate account, coupled with the support and guidance you receive from your Relationship Manager, you would be right to consider it a valuable business asset.

Limited Liability Company Account

Experience a highly personalized approach to business banking that offers creative financial solutions for your business. See what you require to open a Limited Liability Company account and start to enjoy banking solutions that mean business.

  1. Account opening form duly filled
  2. 2 passport-sized pictures, (name & signature on reverse) of each signatory
  3. A valid national ID &Tin certificate for signatories/directors/shareholders (Passport/ Driver’s licence /Voter’s ID/NIA card/SSNIT card)
  4. Residence permit & non-citizen card (where applicable)
  5. Board resolution
  6. Company registration documents
  7. Utility bill (not older than six months)
  8. Industry licence &GIPC (where applicable)
  9. Mandatory initial deposit

NB: Please be advised that where copies of original documents are provided, original documents must be sighted.

Sole Proprietorship

Experience a highly personalized approach to business banking that offers creative financial solutions for your business. See what you require to open a Limited Liability Company account and start to enjoy banking solutions that mean business.

  1. Account opening form duly filled
  2. 2 passport-sized pictures, (name & signature on reverse) of each signatory
  3. A valid national ID &Tin certificate for signatories/directors/shareholders (Passport/ Driver’s licence /Voter’s ID/NIA card/SSNIT card)
  4. Residence permit & non-citizen card (where applicable)
  5. Board resolution
  6. Company registration documents
  7. Utility bill (not older than six months)
  8. Industry licence &GIPC (where applicable)
  9. Mandatory initial deposit

NB: Please be advised that where copies of original documents are provided, original documents must be sighted.

Partnership Account

When you join your college buddy or your second cousin to set up a business, a lot of things could get very complicated very fast. Your bank account should not be one of them. Our partnership accounts are simple and straightforward, enabling you focus on running your business.

  1. Account opening form duly filled
  2. 2 passport-sized pictures, (name & signature on reverse) of each signatory
  3. A valid national ID &Tin certificate for signatories/partners (Passport/ Driver’s licence /Voter’s ID/NIA card/SSNIT card)
  4. Residence permit & non-citizen card (where applicable)
  5. Board resolution
  6. Company registration documents
  7. Utility bill (not older than six months)
  8. Industry licence & GIPC (where applicable)
  9. Mandatory initial deposit

NB: Please be advised that where copies of original documents are provided, original documents must be sighted.

Clubs, Societies, Associations

When your alma mater forms a registered association of old students, or your golfing pals decide to take the friendship to the next level, our accounts for Clubs, Societies and Associations will come in very handy indeed, with clearly defined reporting that keeps everyone in the know.

  1. Account opening form duly filled
  2. 2 passport-sized pictures, (name & signature on reverse) of each signatory
  3. A valid national ID &Tin certificate for signatories/directors/shareholders (Passport/ Driver’s licence /Voter’s ID/NIA card/SSNIT card)
  4. Residence permit & non-citizen card (where applicable)
  5. Board resolution
  6. Company registration documents
  7. Utility bill (not older than six months)
  8. Industry licence &GIPC (where applicable)
  9. Mandatory initial deposit

NB: Please be advised that where copies of original documents are provided, original documents must be sighted.

  • Investment account with sweep services and attractive interest rates. Investments include: One and two-way sweep Call accounts, Fixed deposits and UCB Investment Plan Account .
  • Free internet banking.
  • Recon tool for a reconciliation of pledges, donations and standing orders.
  • UCB will donate 1% of annual average deposits on Current/Call accounts only towards identified projects in the society.
  • Access to a dedicated Relationship Manager.
  • Business advisory services including investment portfolio management options.
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Embassies & High Commissions

Representing your nation’s sovereignty in a foreign country is difficult enough without needing to also worry about what type of bank account to use. Our Embassy accounts are specifically designed to solve the peculiar issues that embassies and high commissions typically face.

  1. Letter of Accreditation from the Ministry of Foreign Affairs and Regional Integration
  2. Account opening instruction indicating the signatories and the mandate
  3. Two passport-sized pictures (name & signature on reverse) of each signatory
  4. Passport,Diplomatic ID and permit for the signatories
  5. Utility bill (not older than six months)
  6. Mandatory initial deposit

Trust, Nominees & Fiduciaries

Long thought to be the exclusive preserve of the ultra-wealthy as a way to protect passing on significant sums of money, our trust funds can actually be set up by anyone in any income bracket to ensure their loved ones are provided for when the inevitable happens.

Investment(Treasury) products

Below are the various investment products we have for our customers:

This is an investment for an indefinite period, which may be withdrawn on demand.

Features:

  • Competitive interest rates.
  • Daily interest accrual.
  • Guaranteed liquidity of investment.
  • Very flexible and accessible money market product.
  • Tiered interest rates according to deposit amounts and call tenor.
  • Call/Current account sweep facility.

An investment vehicle where funds or deposits are locked in for a specific fixed period at a fixed interest rate.

Features:

  • Interest is paid upon maturity of the investment.
  • Competitive interest rates.
  • Tenors of 30 days, 91 days, 182 days, 1 year and 2 years are available.
  • Funds may be rolled over upon request.

Treasury bills (T-bills) are government-backed securities issued by Bank of Ghana usually with maturity periods of 91 days, 182 days or a year. T-bills for longer periods (1 year Treasury note, the 2 year Treasury bond, and the 3 year Treasury bond) are also available. Treasury bills are made available at all the branches of Universal Commercial Bank

Features:

  • Rollover only the principal amount and receive the accrued interest.
  • Roll over both the principal and the accrued interest.
  • Can be rediscounted at the bank.

Universal Commercial Bank provides timely updates and investment advice to enable you to effectively manage your portfolio.

SBBA is a repurchase agreement transaction whereby a party (SBBA Seller–Universal Commercial Bank) sells securities at an agreed price to the other party (SBBA Buyer-Customer) and subsequently the SBBA buyer and SBBA seller enter into another agreement thereon whereby the former promises to sell and the latter to buy back the securities on a specified future date and at an agreed price.

Features

  • SBBA agreement.
  • Minimum transaction value is GHS2,000,000.00.
  • Principal and interest/coupon is paid at maturity.
  • Competitive interest rates/yields.
  • Funds may be rolled over upon request.
  • 91 and 182 day SBBA is currently available to customers.

Securities Backed Investment (SBI) is a repurchase transaction whereby a party (SBI Seller) sells securities at an agreed price to the other party (SBI Buyer) with the promise to buy back the securities on a specified future date (coupon payment date) and at an agreed price.

Features

  • Minimum transaction value is GHS10,000.00.
  • The SBI transaction has a fixed maturity date (next coupon payment date). The tenor of the investment will therefore be from settlement date to fixed coupon/maturity date.
  • Various tenors available.
  • Principal and interest/coupon is paid at coupon payment/maturity date.
  • Competitive interest rates/yields.
  • Funds may be rolled over upon request.

Contact Us

Universal Commercial Bank Direct Customer Contact Centre
Tel:(+233) 54 691 9051
  Email: [email protected]