This article will reveal the First bank transfer code 2021 and also show you how to transfer funds to any commercial bank in Nigeria.
- 1 Requirements to use the First Bank Transfer code
- 2 What is the First Bank Transfer Code?
- 2.1 How to transfer money to a First bank account
- 2.2 How to transfer money to another bank account in Nigeria
- 2.3 Benefits of the First bank transfer code
- 2.4 When can I use the First bank USSD code?
- 2.5 Which mobile network does the First bank transfer work on?
- 2.6 I tried making initiating a transfer using the code, but it wasn’t going through, what could the problem be?
- 2.7 Related
- 2.8 Related Posts
Requirements to use the First Bank Transfer code
Before you can be able to make use of the First bank transfer code, there are a some things you must possess. Let me quickly run you through what these requirements are.
- You must be making use of a mobile phone which can undergo a USSD session. In fact, all phones can do this.
- Your phone number must be tied to your first bank account number.
- You must have at least N10 on your airtime balance.
- You must have a debit card linked to your first bank account(s).
- Lastly, and most importantly, you must have created a 5 digit USSD transaction PIN
How to create First Bank transaction PIN
A First bank transaction PIN is a 5 digit number which is used to complete any First bank USSD transaction.
The PIN will be provided to validate any transaction, be it a transfer, e-top up, checking of account balance and the likes.
You are required to create this 5 digit PIN, before you can initiate any 894 transaction. Follow the procedure below to create your transaction PIN.
Making use of the phone number linked to your first bank account;
- Dial *894*0#
- Select your preferred debit card, from the list of masked debit card numbers which will appear
- Enter the selected debit card 4 digit PIN
- Create a new 5 digit PIN.
This new 5 digit PIN which will be created will be used for subsequent transactions via the USSD channel.
What is the First Bank Transfer Code?
The question now is, what exactly is the first bank USSD code? I’ll reveal what the code is to you now.
The transfer code is *894*amount*account no#. This code can be used to make transfers to any bank account in Nigeria.
It is a very fast and secure channel to make mobile transfers.
How to transfer money to a First bank account
Peradventure, you need to make a quick transfer to another first bank customer, then you should read this and follow the steps below. Making use of the phone number tied to your first bank account;
- Dial *894*amount*account no#
- Select the recipient’s bank(first bank).
- Confirm the recipient’s name.
- Enter your 5 digit PIN.
How to transfer money to another bank account in Nigeria
This process is very similar to the one I mentioned previously. Follow these steps, to make transfers to other Nigerian bank accounts.
- Dial *894*amount*account no#
- Select recipient’s bank name.
- Confirm recipient’s account name and subsequently enter your 5 digit PIN.
Benefits of the First bank transfer code
- It is an easier and faster process to send money.
- You can transfer funds anywhere, anytime.
- You do not need an internet or data connection.
- The whole process does not take more than a minute.
When can I use the First bank USSD code?
You can use the transfer code anytime, anywhere. The service doesn’t shut down at all.
Which mobile network does the First bank transfer work on?
The first bank transfer code works is compatible with all network service providers (Glo, Airtel, 9mobile and MTN).
I tried making initiating a transfer using the code, but it wasn’t going through, what could the problem be?
Firstly, make sure you have at least N10 on your airtime balance. This is the minimum airtime balance to initiate a USSD session. Take note.
However, if that doesn’t work, try this. There could be a network problem in your current location. So try changing your location.
In conclusion, the First bank transfer service is faster, easier and better way to send money, irrespective of your location.
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