«Home

Beware Of Union Bank of Nigeria PLC: The Worst Bank In Nigeria? 2008-2012

Okay everyone I am here to add a bank to the list. Union Bank of Nigeria PlC This bank right here, I have been nothing but lied too over and over again. I did a loan through a forex company through them which was perfectly fine, but this bank is Bogus,

The keep telling me they transferring me funds, and they don't. I had to pay a transfer tax fee, and a I had to pay again to have my account in Nigeria reactivated, because of their stupidity and professionalism. They fired one guy, because he tried to take money from me. I live in the USA, but I have never exp this kind of crap from a any bank. Union Bank of Nigeria PLC, as crossed the line with me. I warned them that their will be hell to pay. I would never deal with Union Bank of Nigeria PLC, because they will screw you ever time the get a chance. Beware there are nothing but thieves that work there. They also said that my transfer would happen guaranteed on Monday 28th and said I was moved to the top of the list, what a lie that was. This crazy thing has been going on now for 6 months. Hows anybody else exp this kind of treatment from this bank. If so let me know, I am dedicated to ruining their reputation in Nigeria, and getting people to switch over to a bank that cares about their customers, Oceanic Bank. Union Bank of Nigeria PLC has proven time and time again, that they are crooks,

So Beware stay as far as you can away from Union Bank of Nigeria PLC. Also do me a favor and past this along so nobody in Nigeria, or anybody for that matter can get hurt like I did,

Avatar
Newbie
38 answers

I've had the same experience went through a lender who used Union bank been going on for 7 months they promise to transfer funds but never do all they want is your money you ask for a refund & they say can't give you a refund so in other words you don't get your or a refund no one should use the union bank

0
Avatar
Newbie

we need to differentiate between a good coy and a good stock!

0
Avatar
Newbie

The Central Bank had never hidden its intention to make the Nigerian banking system measure up to speed. But the main problem the apex body has got to deal with is the issue of monitoring and enforcing standard compliance. It bespeaks imagination to think that the amount of poo-service the likes of Union bank and UBA had been dishing to their customers had been going on for so long whilst unchecked. The real pain is that in Nigeria, if such Banks were sued for failure to deliver promised service, nothing will come out of such law suits. So sad!

0
Avatar
Newbie

@ poster,

Firstly,you did not really give us the nature of the forex loan you took from them.

You also said they fired someone that tried to take money from you,what does that mean,does it mean the guy or the bank tried to short change you.

Secondly,you wanted to do a forex deal and the first bank you thought of was union bank.They are a sound bank no doubt(with their huge govt deposits and fathers and grand fathers deposit)but they've not really jumped on the bandwagon of IT revolution in the banking sector.They are lagging behind in product innovations and customer/deposit drive etc

However,some of us like them for their consistent rewards to shareholders

Thirdly and finally,all banks have their own stories my man,I secured a line of credit from a so-called "new generation bank" last year,but my auditors took sa look @ my statement and discovered an overcharge of about 4 million naira.Others charge crazy rates to do TT for you from your dorm account to overseas banks,some even charge COT on savings account,the list goes on and on and on.

0
Avatar
Newbie

ASHAWO no dey fight ooooooooooooooo

0
Avatar
Newbie

My man am feeling you on this one. This is a fact that really annoys me. Some nairalanders living abroad that don't even know how things here first hand pass some comments without even knowing how stuff is down here some of them have been there for 10-12yrs without touching down in naija and dem go dey talk. BS

0
Avatar
Newbie

It is the worst bank in Nigeria! Antiquated policies and little sense of customer service.

0
Avatar
Newbie

UNION BANK IS YESTERDAY'S BANK

OTHER BANKS ARE TODAY'S BANK ALONE

BUT GUARANTY TRUST BANK IS THE BANK OF TODAY & TOMMORROW (The Best Bank in Nigeria).

UBA (The worst bank in Nigeria)

0
Avatar
Newbie

@poster

My auntie works at union banl. That you did pass through some irregularities doesnt make everyone that works at union bank thieves. You might have been unlucky to fall into the hands of dubious people that works at union bank.

0
Avatar
Newbie

Know this is not alltogether related, but does everyone on Nairaland live in JD?Most dont rili know jack about wats REALLY goin down in NAIJA!Lame lame yarns PLEASEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE,

0
Avatar
Newbie

Know this is not alltogether related, but does everyone on Nairaland live in JD?Most dont rili know jack about wats REALLY goin down in NAIJA!Lame lame yarns PLEASEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE,

0
Avatar
Newbie

thank you, gauranty trust bank employee!!

0
Avatar
Newbie

Hello house, I am recommending   GUARANTY TRUST BANK PLC  to you all, I have  Domi acc, Current Acc and Saving Acc with the bank , and infact they  operate a ZERO account. Their service is excellent, fantastic and historical, the only BUT there is that you will receive a minimum of 2 text messages after each transaction, which is resolveable, Guaranty for sure,

0
Avatar
Newbie

uote from: nedra on Today at 03:25:57 PM

@ poster

i am a banker but not wt union bank. i must say its not wise postin such comments about a bank here. its true they are not up to standard, but they will never steal your money. i must say that banks like zenith, inter and oceanic are not half as good as they claim to be.

eg: i sent money to my brother who uses oceanic bnk, but it took him a week to get d money. reasons were that their network was down for almost a week. d system can never be perfect. please accept that

good thinking

i support your settlement

i don't think this is proper

My dear (both of you above), its not good to castigate a bank here but on a second thought; its high time we called a spade a spade and not an agricultural equipment. this bank in your eyes and in my eyes has absolutely refused to grow(modernize) in this modern and computer age. we might be saying this here, who knows, may be because of this we all have posted, they might start to have a re-think on how to improve and vanish their obsolete modus operandi.

We are basically giving them encouragement and advice thats all cos they still remain naijas no.1 bank in terms of assets base. correct me if am wrong.

one luv house

0
Avatar
Newbie

@AbbeyJesu,

Yes. Agreed that we are not totally clear about the dynamics of the transaction the poster had with Union bank, but that doesn't change the fact that Union bank has just not woken up to the realities of modern day banking. That bank's services is still reeling in the 80's! The last time I was in the bank, there was these fat rotund rude woman with an ugly twitch on her face that make her seem like someone is sticking up a rod up her a**se. The woman and the staff at the bank were behaving as if they were doing us a favour by even listening to our complaints then. The whole bank hall was scattered, everything lying everywhere. Common man, This kind of forum talk is necessary to highlight the substandard practices in the banking system. The customers surely deserve better!

0
Avatar
Newbie

I have had terrible banking situations with HSBC (biggest bank in UK) & Barclays Bank in the UK, Not that i think Union Bank is the best bank in naija though.

0
Avatar
Newbie

My guy why e dey pain you. I just posted my opinion. I bank with union bank not of my own will and i know what customers go through even in other branches. I ain't shutting up. If its hurting you that bad, [b]WHY DON'T YOU GO AND SCREW YOURSELF

0
Avatar
Newbie

Hey Guys, i'm a banker in one of the  new generation banks. i quite agree with all the comments u guys have been making so far but i feel that we are missing up things here.

Firstly, we are not even sure of the dynamics & facts of the transactions the poster was doing with Union bank- therefore, it would be inappropriate to pass comments on such.

Secondly, lapses on the part of a staff or a flop in respect of a transaction does not warrant an hasty generalization that the bank is bad.

Also, as human beings are not born equal, so also all banks are not the same in respect to staff quality, ICT compliant, exceptional service and what have you.

However, one thing i know for sure is that Union bank still remains one of the most respected amd most patronised by our old fathers and pensioners. the bank has a robust capital base and has good corporate governance. if not so, CBN and NDIC would ve sanctioned it appropriately.

0
Avatar
Newbie

these people living abroad should not just brand everything Nigerian bad.

as you reported the man behind the deal was fired, its ups for them and you.

the new generation banks are our toast, but when you want the safety of

your cash, trust them. I love them, its a blue chip company with sound fundamentals.

if you spike UNION BANK, wait untill the other banks deals with you, giving you

sound accounting jargons eg up country payment, COT, monthly bla-bla,

when they come into e-banking your money will experince high velocity in

depreciation without prior info.

0
Avatar
Newbie

good thinking

i support ur settlement

i dont think this is proper

0
Avatar
Newbie

abi o - they bring useless sides to it.

They have a good capital base - that doesn't call for liquidation na

0
Avatar
Newbie

@ poster

i am a banker but not wt union bank. i must say its not wise postin such comments abt a bank here. its true they are not up to standard, but they will never steal ur money. i must say dat banks like zenith, inter and oceanic are not half as good as they claim to be.

eg: i sent money to my broda who uses oceanic bnk, but it took him a week to get d money. reasons were dat their network was down for almost a week. d system can neva be perfect. pls accept dat

0
Avatar
Newbie

@ Hbrednic

Don't mind donugapi. Instead of being objective and going straight to the point, he was talking bullshit. He is one of those that cause problems in this country.

0
Avatar
Newbie

shoo, see the way una run down the street credibility of this illustrious, very on top of wacked bank bank, i don't know anyone who does business with them. maybe my dad, but that was in the '90s. he too well,lets say has seen the light and since moved on,

my dear man, if u need a loan go there they have loads of money (though they might not give yu!), if yu want to transact business go elsewhere,

0
Avatar
Newbie

the bank should simply be shut down,period.

0
Avatar
Newbie

UNION BANK? NAWOO! EVEN AFRIBANK, CBN AND NDIC SHOULD LIQUIDATE THEM. THEY ARE NOT INNOVATIVE AT ALL.

0
Avatar
Newbie

you had better find something else to say or short the Bleep up.

0
Avatar
Newbie

My man am sorry you have just discovered it. THAT BANK IS F*%$D UP!!!! I personally feel those guys should pack their bags return peoples money and shut down. Infact the only reason they're still surviving is because of the oil companies that use their accounts. In the event that those companies pull their accounts out of there, that bank is doomed. They give customers hell, their staff are 95% igbo, they dress like they're from the 1930s, their banking halls stink, their network is forever down and the list goes on and on,

0
Avatar
Newbie

hmmmmmmmm, i thought i am the only one complaining about Union Bank.

0
Avatar
Newbie

That's one hell of a bank that just blankly refused to modernize. Came to Naija 2years ago and went to the bank with a friend, the queue at the bank lobby was appalling. To make matters worse, the place was as hot as hell becos the bank was running on a small gen that couldn't support the central AC. Twas a very big banking complex but a lot of the staff were acting unprofessionally, and there seem to be a lot of redundancy around while the customers where spending a life time on the queue! I told my friend he must be wacky for sticking with such a horror of a bank. Twas a shame of a bank.

0
Avatar
Newbie

Is that one a bank? I prefer to call Union Bank a Safe where you put your money and you can't get it out.Useless,Unreliable,Rude and Incompetent Workers.In Short the list will never end if i go on.That bank needs serious restructuring.

0
Avatar
Newbie

Their services are poor and they just wanna remain ORTHODOX

0
Avatar
Newbie

@ poster,

While i agree that union bank is f**ked up, I'd like t say that Oceanicbank has its own failures as well. I wouldn't suggest it as an alternative to anybody.

0
Avatar
Newbie

union what? are u blind? out of 24 banks in 9ja u chooose union? nah wah 4 u.

0
Avatar
Newbie

that is not a bank. it is a no go area for me. i think they are still in 20th century.

0
Avatar
Newbie

thats not a bank! fortunately i dont bank with them, where you looking for a local government council office in an arid region?

most of their staff are so primitive, the mode of operation primitive, dress code primitive, that gives you a clue of what to expect when you do transactions with them. they have good sides anyway which am yet to see.

0
Avatar
Newbie

Thre could be a mistake somewhere.I agree they are obsolete but they are not crooks.There was a mistake frm a staff and the person was sacked,That shows they are genuine.

0
Avatar
Newbie

So you people still call Union bank a bank??

0
Avatar
Newbie
Your answer
Add image

By posting your answer, you agree to the privacy policy and terms of service.