UBB is one of the leaders in providing services to central and local government authorities, sovereigns and international organisations, municipalities and their structures, municipal and state undertakings, and non-governmental organisations, by providing comprehensive bank services and a full range of bank products.
The Bank has specialised units that provide services and financing to institutional clients, including state and municipal undertakings, municipalities and other budgetary authorities, government structures, and NGOs.
The Bank has a contract with the Ministry of Finance, under which it services budgetary organisations’ transit accounts, SEBRA payments, revenue collection transactions and other funds received through card payments.
The Bank offers a high-quality services in accordance with budgetary statutory and regulatory provisions.
The Bank opens accounts for budgetary authorities included in the Single Account System in compliance with the legal framework regarding budgetary organisations.
The Bank executes local (through the BISERA and RINGS national payment systems) and cross-border payments in local and foreign currencies.
SEBRA (electronic budgetary payments system)
All payments originating from accounts of budgetary authorities included in the Single Account System must be executed through SEBRA.
The Bank offers the installation of POS terminals to budgetary authorities under its contract with the Ministry of Finance for servicing budgetary organisations’ transit accounts, SEBRA payments, revenue collection transactions and other funds received through card payments.
The Bank is an active player on the market where funding is provided to projects implemented for the benefit of the local community. The bank offers various types of loans according to the municipalities’ specific needs: investment loans, revolving credit, bridge loans, etc.
With the Bank cards, institutional clients can remotely access the funds in their accounts.
The Bank offers a quick, easy and convenient way of transferring salaries to employees’ card/current accounts.
