Have you been curious to know how to block union bank account? Its a question that requires adequate information to be answered.
The article will take you through the different ways you can block your union bank account under the following guide:
- What is a Bank Account?
- Why you need to Block your Bank Account
- How to Block Union Bank Account
What is a Bank Account?
A bank account is operated by financial institutions that allows holders to receive money and perform various banking functions like depositing money, transfer of funds, payment of bills, etc.
These banks have different terms and conditions for the various types of account they operate. Types of account include:
- Savings account
- Current account
- Coporate account, etc.
Having a bank account allows for save keeping of your funds and can be accessible anytime you need it.
The bank keep the financial record of all the transactions that occur on the account overtime as which is referred to as a statement of account.
Why do you need to Block your Bank Account?
Although the financial institutions offer protection for the money deposited or received into each account, this doesn’t exclude the fact that are reasons you need to block your bank account.
Some of the reasons you need to block your bank account are:
- Stolen/Lost Phone most especially if your phone number is linked to your bank account
- If you notice any unauthorized transactions
- A misplaced/stolen ATM card
How to Block Union Bank Account
The union bank has put in place various measures to make it easier for its customers to block their union bank accounts. These measures include:
- Through SMS
- USSD Code
- Union Bank Customer Service
- Visit any Union Bank Branch
Blocking your union bank account through SMS is the easiest out of all. All you need to do is send a BLOCK CARD and your ACCOUNT NUMBER as a message on any phone to 20123.
Once union bank receives the message, your union bank account is going to be blocked instantly.
Through USSD Code
This method is the fastest way to block your union bank account.
Dial the union bank USSD code *826*6# from your phone, then follow the prompt instruction to complete the process of blocking your union bank account.
You can also block your union bank account using another person’s phone. Just dial the USSD code *826*6*Phone Number#, select the account you want to block then input your pin to complete the process.
Customer Care Service
Union bank customer care service can also help in blocking your union bank account after a misplaced or stolen phone.
Information like account name, account number, etc will be asked before the process is complete.
Union bank customer service outlets are below:
Email – email@example.com
WhatsApp – 09070070001
Phone – 234-1-2716816 and 07007007000
Visit any Union Bank Branch
If your phone is stolen during banking hours, you can walk into any of the union banks closest to you to block your union bank account.
Approach the customer care service desk, and state your request which will be attended to immediately after providing the right information.
Frequently Asked Questions
How long does it take for the account to be blocked?
Answer – The account will be blocked the instant you place the request.
How do you block my union bank account if my phone is stolen?
Answer – You can block your union bank account through USSD code on another person’s phone.
What is the code for blocking the union bank account?
Answer – *826*6# is the USSD code to block your union bank account on your phone.
How do I unlock my Union Bank account online?
Answer – Go to the Mobile Banking app and select “Login Help.” From there you can select “Forgot Password” or “Forgot User ID.”
The introduction of bank accounts has helped the customers greatly in terms of bills payment, transfer of funds, purchase of goods and services, etc.
I have explained ways how to block union bank accounts in this article which include, SMS, USSD codes, contacting customer support, and visiting any union bank branch.
However, with theft or misplacement of your mobile phone, the next thing to do is to block your bank account immediately. Also, learn and know about the union bank USSD code in the next article.