Making travel plans is stressful enough already; that’s why we are helping you take one thing off your checklist.
Apply for your Personal or Business Travel Allowance at any of our branches and get your funds in record time.
No matter what your FX travel needs are, we have the perfect solution for you. Walk into any Union Bank branch today to get your Personal or Business Travel Allowance. You can choose to collect in cash or load to your UnionAce card for security and convenience.
Don’t forget, you can also get great rates on your travel insurance policy when you purchase through our partners. Talk to us to find out more.
Click here to locate a branch closest to you or book an appointment on UnionCalenda and visit the banking hall at your convenience.
Who can apply?
You can apply for your PTA/BTA if:
- You are at least 18 years old
- The flight time to your travel destination is 5 hours or more
- The purchase is within 14 days of your departure
Requirements
- A valid Nigerian passport
- A valid visa of the country of destination
- A return air ticket
- Valid BVN
- A valid Nigerian passport
- A valid visa of the country of destination
- A return air ticket
- Valid BVN
- Certificate of Incorporation
- Letter of invitation from the company abroad
- Letter of nomination from the Nigerian company
*Please note that the quarterly limit per person is $4000 or its equivalent in Euro or Pounds for personal travel and $5000 or its equivalent in Euro or Pounds for business travel
- Completed Form A application
- Valid means of ID of the applicant
- International passport data page of the student
- Admission letter from school of choice (this should include fees to be paid)
- First degree certificate (for post-graduates)
- Bank details of the school
- Account funded with Naira equivalent of requested amount
- Written instruction giving authority to debit
- Duly filled letter of indemnity if name differs and guardian is making payment
Please note:
- You must be applying to a university/tertiary institution
- The maximum limit per semester is USD $15,000 or its equivalent in Euro or Pounds
- Fees will be paid directly to the school
- A valid Nigerian passport
- A valid visa of the country of destination
- A return air ticket
- Valid BVN
- Completed Form A application.
- Valid means of ID of the applicant
- International passport data page must be submitted for processing
- Applicant must possess valid visa and flight ticket
- Written instruction giving authority to debit. Signature must be verified
- Specialist letter of recommendation for medical treatment abroad
Frequently Asked Questions
What is PTA/ BTA?
PTA/BTA is a foreign currency product that ensures customers who are travelling out of the country on personal or business trips have access to foreign currency at approved CBN rates.
Do I need to have a Union Bank account to buy PTA or BTA from any of your branches?
No, you do not need to be a Union Bank account holder to access this service.
Can I get PTA on behalf of someone?
No, you cannot get PTA on behalf of someone.
Can I also get travel insurance cover from the Bank?
Yes, you can get travel insurance from any of our partners when you visit the branch.
What is the maximum amount I can access for my school fees payment?
The maximum limit per semester is $15,000
Support
We are available 24/7!
Contact us via these channels:
Email – customerservice@unionbankng.com
Call – +234 (0) 700 700 7000 or +234 (1) 271 6816.
WhatsApp – +234 (0) 907 007 0001
