Local Payments

Domestic transfers made easy and affordable for business.

Options

Overview

Do you need to send money in a safe convenient environment to your local business suppliers, staff and partners? BANK OF AFRICA brings you a wide array of options for you to choose from.

RTGSReal Time Gross Settlement

EFTElectronic funds transfer

Mobile MoneyMTN/AIRTEL Mobile Money

UtilitiesNSSF, URA, Umeme, Water, Pay TV

RTGS (Real Time Gross Settlement)

Are you looking to transfer money to or receive money from another Bank in Uganda? Contact us today to enjoy our quick transfer processing services.

To complete an RTGS transaction, you’ll need to provide the following specific information.

- A filled in RTGS transfer form (digital or hard copy) bearing the name and address of your recipient’s bank
- Your recipient’s name and address
- Your recipient’s account number
- Clearly state the payment purpose (purpose and invoice number if purchasing goods)
- A BANK OF AFRICA current or savings account (for both sending and receiving)
- Funds on the account, sufficient for the amount to be transferred (for sending) and pay the RTGS fee. See our tariff here for more on our transfers
- Explore the quickest and most affordable way to send by signing up for the Mobile Wallet or our Internet Banking services

EFT (Electronic Funds Transfer)

Are you looking to undertake high volume transactions like vendor or supplier payments to or from another Bank in Uganda? Contact us today to enjoy our quick and affordable transfer processing services.

A filled in EFT transfer form (digital or hard copy) bearing the name and address of your recipient’s bank;
Your recipient’s name and address;
Your recipient’s account number;
Clearly state the payment purpose (purpose and invoice number if purchasing goods);
A BANK OF AFRICA current or savings account (for both sending and receiving)
Funds on the account, sufficient for the amount to be transferred (for sending) and pay the EFT fee. See our tariff here for more on our transfers
Explore the quickest and most affordable way to send by signing up for the Mobile Wallet or our Internet Banking services

Mobile Money

Are you a Mobile Money Agent in need of float? Are you looking to send or receive money from anywhere in Uganda? Use our digital channels or visit any BANK OF AFRICA branch today to enjoy our quick and affordable Mobile Money services.

Bills, Utilities And Statutory Collections

Are you looking for a stress-free solution to settle your business bills and statutory payments? Use our digital channels or visit any BANK OF AFRICA branch today to enjoy our quick and affordable utility payment services.