Polaris Bank, formerly known as Skye Bank, is one of the leading commercial banks in Nigeria. With its innovative and convenient banking services, it has become a popular choice among Nigerians. One of its most sought-after services is the ability to transfer money from Polaris Bank to another bank on phone. In this article, we will guide you through the process of transferring money from Polaris Bank to any other bank in Nigeria using your phone.
How to Transfer Money from Polaris Bank to Another Bank on Phone
Transferring money from Polaris Bank to another bank on phone is a simple and hassle-free process. You can use any type of mobile phone – whether it’s a smartphone or a basic feature phone – as long as it has network coverage.
To begin with, you need to have an active account with Polaris Bank and also make sure that your mobile number is registered with the bank for mobile banking services.
Follow these steps to transfer money from your Polaris Bank account:
1. Dial *833# on your registered mobile number.
2. Select ‘Transfer’ option.
3. Enter the amount you want to transfer.
4. Select ‘Other Banks’ option.
5. Enter the recipient’s bank name (e.g., GTBank).
6. Enter the recipient’s account number.
7. Confirm details and enter your PIN when prompted.
8. You will receive a confirmation message once the transaction is successful.
Congratulations! You have successfully transferred money from your Polaris Bank account to another bank using your phone.
How To Transfer On Polaris Bank
Apart from transferring funds through *833#, there are other ways you can transfer money from your Polaris account:
1) Using Mobile App: If you have downloaded and activated the Polaris Mobile App on your smartphone, you can easily transfer money to any bank account in Nigeria. Simply log in to the app and select the ‘Transfer’ option. Follow the prompts and enter the required details to complete your transaction.
2) Using Internet Banking: With Polaris Bank’s internet banking platform, you can transfer funds to any bank account in Nigeria without leaving your home or office. Log in to your internet banking account and select the ‘Transfer’ option. Follow the prompts and enter all necessary details to complete your transaction.
What is Polaris Bank USSD Code
Polaris Bank USSD code is *833#. This code allows you to access a variety of services on your mobile phone without an internet connection. You can check your account balance, buy airtime, pay bills, transfer money and perform other transactions using this code.
How To Check Polaris Account Number
If you have forgotten or do not know your Polaris Bank account number, here’s how you can retrieve it:
1) Dial *833# on your registered mobile number.
2) Select ‘Account’ option.
3) Choose ‘Check Account Number’.
4) Your 10-digit NUBAN (Nigeria Uniform Bank Account Number) will be displayed on the screen.
Transfer Pin for Polaris Bank
To ensure security of transactions through *833#, every customer is required to set a transfer PIN when they first register for mobile banking with Polaris Bank. If you need help setting up or resetting this PIN, kindly visit any nearest branch of Devs Bet9ja for assistance.
Pros / Cons
Pros:
– Fast and convenient way of transferring money from one bank to another.
– No need for internet connection.
– Available 24/7.
Cons:
– Limited maximum daily transfer limit.
– Charges apply for each transaction.
FAQ
Q: Is there a limit to the amount I can transfer using *833#?
A: Yes, the maximum daily transfer limit is ₦100,000.
Q: How long does it take for the recipient to receive the money?
A: The transfer is usually instant, but may take up to 24 hours depending on the recipient’s bank.
Q: Can I use this service on any type of mobile phone?
A: Yes, as long as your phone has network coverage and your number is registered with Polaris Bank for mobile banking services.
In conclusion, transferring money from Polaris Bank to another bank on phone is a convenient and secure way of sending funds. With just a few simple steps, you can easily transfer money to any bank account in Nigeria using *833#. For more information or assistance, visit any nearest branch of Devs Bet9ja or contact Polaris Bank customer care. Happy banking!
