How To Transfer Money From First Bank

There are 2 methods available for sending money from a First Bank account to another First Bank account or any other commercial bank account and they are:

USSD code

Mobile app

USSD Code Method:

Carrying out bank transactions with Unstructured Supplementary Service Data (USSD) code is the fastest way to go about it.

It is more or less the only option available for people staying in remote areas, people without internet access and also people that cannot easily navigate their bank mobile app or use their internet banking system.

By just dialling a unique code given by the bank, your transaction is done and dusted.

See also: How to Open Domiciliary Account with Zenith Bank

Follow the steps mentioned below to transfer money from your first bank account:

1. Dial *894#

2. Enter 1 to accept the N6.98 network charge on USSD transactions

3. Enter the amount to be transferred and submit

4. Enter the recipient’s account number and submit

5. Confirm the account holder name and submit

6. Enter your 5 digit PIN to authenticate the transaction

7. Then, submit

Another option is to go the shorter way which is explained below.

To transfer money from your first bank account using USSD code, simply dial *894*Amount to be sent*Recipient account number#. Next, you’ll choose your recipient bank, confirm the recipient’s name and enter your 5 digit PIN to authenticate the transaction.

See also: How To Open First Bank Account Online

Mobile App Method: 

Note that this mobile app method is available for First Bank customers that meet the requirements mentioned below:

1. A functional First Bank account

2. Registered or activated mobile banking

3. Internet-enabled phone

If the three requirements mentioned below are met, you can proceed by reading the paragraph below.

See also: What Is A Payment Service Bank (PSB)?

Follow the steps mentioned below to transfer money from your First Bank account:

1. Enter your username and password to log into your mobile application

2. Locate and click “Transfers”

3. Click on “Balance”

4. If you’re sending money to a First bank account, click on “First Bank Accounts”; and if you’re sending to a non First Bank account, you should click on “Other Bank Accounts. Then if it’s to a person you already have on your beneficiary list, all you have to do is to select the “Saved Beneficiary” option

5. Now select your recipient bank ( this is only required if you’re sending money to a non First Bank account)

6. Enter the recipient’s account number

7. Check the name to see if it corresponds with your recipient’s name

8. Then enter the amount to be sent

9. Enter your narration (this is optional)

10. Then submit

11. Enter your transfer pin to authenticate the transaction and send

See also: How To Open Kuda Bank Account

Originally posted on January 2, 2022 @ 10:28 pm