Payment transactions


Union Banka, one can make all types of payments. In the nearest business unit of the Bank in the wide branch network one can make payments in:

• Domestic payment system;
• Cash payment system;
• UNIONnet electronic banking;
• BamCard card operations;
• Foreign payment system.

Domestic payment system

Union Banka was among the first banks to receive a license for domestic payments. In the domestic payment system, the Bank cooperates with all banks in Bosnia and Herzegovina that have licenses for payment transactions.

By opening an account with the Bank, you become our client and are able to use all benefits of dealings with the Bank.

The Bank’s capital of KM 45 million is a guarantee for safety of your money and your operations with the Bank. Your funds in Union Banka are safe, you earn interest, and are always able to use your funds or withdraw the money without limits.

To make domestic payment transactions and by opening a transaction account, you can make cash and daily sales deposits to your account, make payments to accounts of clients in the Bank, make payments from your account to accounts of other banks, receive incoming payments to your account, withdraw cash, receive statements of account, close the account upon your request, receive a statement of account to your address or fax or e-mail and have a daily statement of account in your box by 8 o’clock every day.

Payments from accounts and incoming payments are done during the day for ordinary orders up to KM 10,000, and for urgent orders and orders for over KM 10,000 transactions are carried out immediately, so your money can bank with your clients several times a day.

All domestic payments, collections through accounts, cash deposits, daily sales deposits, cash withdrawals, business trip order withdrawals, cash salary payments, and other banking services can be made through Union Banka.

Bank fees for paper orders for ordinary orders up to KM 10,000 are between KM 1.0 and KM 2.0 per transaction, and for urgent orders and orders over KM 10,000 they are KM 5.0 per transaction.

For detailed information, please call: 033-561-030, 561-031, 561-006, E-mail:upp@unionban.com.ba or dial branch network telephone numbers.

Banking operations through Union Banka are quick, safe, reliable, quality and affordable.

Foreign banking  

Foreign banking is focused on carrying out export-import operations for the needs of Bank’s clients. The Bank offers services to clients related to opening and management of accounts for foreign currency operations, foreign payments, business trips abroad, incoming foreign currency payments, wire transfers, purchase of foreign currency, etc.

The Bank makes foreign payments based on paper or electronic payment orders, concludes assignment agreements, and opens foreign accounts. The Bank accepts term deposits in foreign currency, buys and sells foreign currency from and to commercial banks in the country, etc.

The Bank manages incoming and outgoing payments from domestic and foreign individuals and legal entities, incoming and outgoing payments from domestic banks. The Bank carries out the following foreign payment orders: nostro and loro wire transfers, nostro and loro letters of credit, loro guarantees and foreign currency cash withdrawals for business trips, transfers to domestic banks, payment of salaries, etc.

Fees of the Bank are very favorable and equal only between 0,1% and 1.0%, which depends on the type of service and value of the transaction.

For detailed information, please call: 033-561-000, 561-012, 561-061, E-mail:unionban@bih.net.ba

Correspondent banks

LIST OF THE ACCOUNT RELATED FOREIGN CORRESPONDENT BANKS OF
UNION BANKA DD SARAJEVO (UBKSBA22) EFFECTIVE AS OF JANUARY 5, 2010

*Note: Only for payments by order and in favor of clients of UBS AG BANK. 

For detailed information, please call: 033-561-000, 561-035, E-mail:ipp@unionban.com.ba