Uncovering the Code to Transfer Money on First Bank
When it comes to banking, convenience and speed are key. In today’s fast-paced world, people want access to their money anytime and anywhere. This is where the code to transfer money on First Bank comes in.
First Bank, one of the leading banks in Nigeria, offers a convenient and secure way of transferring funds through their mobile banking platform. With just a few taps on your phone, you can easily transfer money from your account to another account within or outside the bank.
How to Transfer with First Bank USSD Code
The First Bank USSD code is a quick and easy way of transferring funds without having to visit a physical branch or use internet banking. To use this service, you must have a phone number registered with your bank account.
To initiate a transfer using the USSD code, simply dial *894# from your registered phone number and follow the prompts that appear on your screen. You will be required to enter your 4-digit PIN for authentication purposes before proceeding with the transaction.
Once you have completed all necessary steps, including entering the recipient’s account number and amount, the transaction will be processed instantly. You will receive a notification confirming that your transfer was successful.
What is the Transfer Code of First Bank?
The transfer code for First Bank is *894#. This code can also be used for other services such as checking your account balance, buying airtime for yourself or others, paying bills and more.
It is important to note that there are daily limits set for transactions using this USSD code. For transfers within First Bank accounts or other banks using NEFT (National Electronic Funds Transfer), the daily limit is N500,000 while transfers using Instant Payment (IMPS) have a limit of N100,000.
Code for Firstbank Transfer
Apart from the USSD code, First Bank also offers other transfer options such as internet banking, mobile banking app and ATM transfers. However, the USSD code remains the most convenient and widely used option among customers.
To transfer money using the First Bank mobile app, you will need to download the app from your app store and register with your account details. Once registered, you can easily transfer funds between accounts within or outside the bank by entering the recipient’s account number and amount.
For ATM transfers, simply insert your debit card into any First Bank ATM and follow the on-screen prompts to initiate a transfer. This option is best for those who do not have access to internet banking or mobile banking services.
1st Bank USSD Code
The 1st bank USSD code is *894# which can be used for various transactions including money transfers. This service is available 24/7 and does not require an internet connection making it easily accessible to everyone.
Pros / Cons
Pros:
– Quick and easy way of transferring funds
– Available 24/7
– No need for an internet connection
– Can be used for various transactions
Cons:
– Daily transaction limits may be restrictive for some users
– Requires registration with a phone number linked to your bank account
FAQ
Q: Is there a fee for using the First Bank USSD code?
A: Yes, there is a fee of N20 per transaction using this service.
Q: Can I use this service if I do not have a phone number linked to my bank account?
A: No, you must have a registered phone number with your bank account to use the USSD code.
Q: How long does it take for a transfer using the USSD code to be processed?
A: The transfer is processed instantly and you will receive a confirmation message once it is successful.
In conclusion, the code to transfer money on First Bank offers a convenient and secure way of transferring funds within and outside the bank. With various options available, customers can choose the one that best suits their needs. For more information on this service, visit the First Bank website or contact their customer care center. Devs Nigeria highly recommends using this service for quick and hassle-free money transfers.
