Effortless Money Transfers with Polaris Bank
Polaris bank transfer allows you to send money quickly and easily to any individual or business account in Nigeria. You can also make international transfers using this service. The process is simple, convenient, and secure, making it an ideal option for those who need to send money regularly.
Discover Polaris Bank Transfer
To use Polaris bank transfer, you need to have an active account with the bank. You can then access this service through various channels such as internet banking, mobile banking app, or by visiting any of their branches nationwide.
How to Transfer with Polaris Bank
To make a transfer using your Polaris bank account, follow these steps:
1. Log in to your internet banking or mobile app.
2. Select the ‘Transfer’ option from the menu.
3. Choose whether you want to make an intra-bank (within Polaris) or inter-bank (outside of Polaris) transfer.
4. Enter the recipient’s details including their name, account number and amount.
5. Confirm all details are correct before submitting.
6. Enter your transaction password or provide biometric verification (if using mobile app).
7. Once confirmed successful, you will receive a notification confirming your transaction.
Alternatively, you can also visit any of their branches nationwide and fill out a fund transfer form with all necessary information including beneficiary’s name and account number.
Polaris Bank Transfer App
For those who prefer to do their banking on-the-go, Polaris bank has a user-friendly mobile app that allows you to make transfers anytime, anywhere. The app is available for both Android and iOS devices and can be downloaded from the respective app stores.
How to Check Account Balance on Polaris Bank
Checking your account balance with Polaris bank is also quick and easy. You can do this through any of the following methods:
1. Internet banking: Log in to your account and select the ‘Account Balance’ option.
2. Mobile app: Log in to your account and select the ‘Account Balance’ option.
3. SMS: Send an SMS with the keyword “BAL” followed by your account number to 30811.
4. ATM: Visit any Polaris bank ATM and insert your debit card, then select the ‘Balance Inquiry’ option.
How to Check Balance on Polaris Bank
Apart from checking your account balance, you can also check the balance of any other linked accounts using these methods:
1. Internet banking: Log in to your account and navigate to ‘Account Summary’.
2. Mobile app: Log in to your account and navigate to ‘Account Summary’.
3. SMS: Send an SMS with the keyword “BAL” followed by the last four digits of the linked account number (e.g BAL 1234)to 30811.
4. ATM: Visit any Polaris bank ATM and insert your debit card, then select ‘Other Accounts’ option.
Pros / Cons
Pros:
– Convenient way of transferring money
– Available 24/7 through various channels
– Can make international transfers
– User-friendly mobile app
Cons:
– May incur transaction fees depending on amount or destination
– Requires active Polaris bank account
FAQs
Q: How long does it take for a transfer to reflect in the recipient’s account?
A: Intra-bank transfers are usually instant, while inter-bank transfers may take up to 24 hours.
Q: Is there a limit to the amount I can transfer using Polaris bank transfer?
A: Yes, there are daily and monthly limits depending on your account type.
Q: Can I cancel a transfer made through Polaris bank?
A: Unfortunately, once a transfer is confirmed successful, it cannot be cancelled.
In Conclusion
Polaris bank transfer provides a seamless and secure way of sending money to any individual or business account in Nigeria. With its user-friendly platforms and availability 24/7, you can easily manage your transactions without having to visit the bank. So if you’re looking for an efficient way of making transfers, consider using Polaris bank transfer today.
Devs.ng offers insightful articles on various topics related to banking and digital finance. As part of Devs Nigeria’s mission to promote financial literacy and empower individuals with knowledge about digital banking services such as Polaris bank transfer, we hope this article has been helpful in understanding how this service works. Stay tuned for more informative articles from Devs.ng!
