United Bank : UBL Launches ‘UBL Freelancer Account’ for Pakistan’s Booming Freelance Market
May 23, 2023
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PRESS RELEASE
UBL launches dedicated 'UBL Freelancer Account' For Pakistan's
Booming Freelance Market
Karachi, Pakistan - UBL, one of Pakistan's leading bank, has announced the launch of 'UBL Freelancer Account', a new banking solution designed specifically for the growing population of freelancing individuals in the country. The product is envisioned to be a unique value proposition for freelancers, providing them with the freedom and flexibility to bank on their terms while ensuring that their financial needs are met.
As a current account with no initial deposit balance, no minimum balance requirement and simple account opening documentation, customers can conveniently open an account through the bank's website and branches across the country. Customers can further enjoy various product benefits and preferential services including free general banking services, discounted tax facilitation and availability of credit card. Discounts on co-working spaces - a pain point of freelancers - will also be offered. Upon maintaining an adequate balance, customers can further avail rate breaks on loans and complimentary insurance coverage for uncertain circumstances.
To provide customers with the tools and resources they need to succeed in their business, UBL is working with freelancing platforms to enhance networking opportunities among customers and maintain ongoing engagement with potential customers.
"The launch of UBL Freelancer Account highlights our commitment to understanding the evolving needs of our customers and offering innovative solutions," said Mr. Zia Ijaz, Deputy CEO, UBL. "We recognize that freelancers have different banking needs than traditional businesses and salaried individuals. Therefore, we have designed this account to cater to their specific requirements and make banking easier and more accessible for them."
With the launch of the UBL Freelancer Account, the bank is further solidifying its position as a leader in the banking industry in Pakistan, and is committed to providing customers with a comprehensive suite of products to help them grow and succeed in their careers. Providing dedicated services to this burgeoning population will further facilitate the freelance industry, bolster export remittance and spur sustainable economic development contributing to a more prosperous Pakistan.
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United Bank Ltd. published this content on 24 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 May 2023 17:16:03 UTC.
United Bank Limited (the Bank) is engaged in commercial banking and related services. Its segments include Corporate / Commercial Banking, Treasury, Branch Banking, Islamic Banking, International Branch Operations, and Others. The Corporate/Commercial Banking segment include project, trade and working capital finance, import and export, factoring, leasing, lending, deposits and guarantees. The Treasury segment include fixed income, equity, foreign exchange, credit, funding, own position securities, lending and borrowings and derivatives. The Branch Banking include deposits, lending and banking services to private individuals and small businesses including credit cards and branchless banking. The Islamic Banking segment represents Islamic Banking branches and Islamic banking windows in the conventional branches of the Bank. The International Branch segment represents Bank's operations in overseas locations including one branch each in export processing zones in Karachi and Sialkot.