Polaris bank transfer code 2021 guide on how to transfer money from polaris bank using your phone with the help of the USSD code.
Formerly known as Skye bank, Polaris bank is a commercial bank owner and managed by a Nigerian firm. The name was changed when the bank was bought about two years ago.
This then brought about speculations on the part of the customers, if the transfer code has been changed also.
If you are reading this, there is nothing to worry about, I will let you know everything about the Polaris bank transfer code, and how to transfer funds to other Nigerian commercial banks within seconds.
The truth is, only the bank’s name and some private details were changed, the transfer code and all other services available during the Skye bank era remained the same.
Transfer of funds with the Polaris bank transfer code will be making use of USSD sessions. This means you do not require an internet connection, but you must have at least N10 on your airtime balance.
What is the Polaris Bank Transfer code?
The Polaris bank mobile transfer code is *833*3#. Thus USSD code can be used to transfer funds anytime and anywhere in Nigeria.
However, there are some things you have to know and do before you can be allowed to use this USSD transfer service. Read this post to the end to know more about it.
What do I need to use the transfer code?
Like I said earlier, before you can use the USSD transfer service, there are some criteria you must have met. Don’t panic, they aren’t tough, you should even have them if you are reading this.
First, you must have a Polaris Bank account and your phone number must be tied to your account. This phone number must be the one you will be using for your transfer transactions.
Second, you must have a minimum of N10 on your airtime balance. An airtime less than the written amount will not give you access to the USSD session.
And finally, you must have a transaction PIN. This PIN is a 4 digit number which you will be asked to provide to complete any *833# transaction.
During sign up for the *833# services, you will be prompted to create a PIN. However, if you are signed up for PolarisMobile, you should use your PolarisMobile PIN, and need not create a new PIN. This is very important.
Related: Gtbank mobile transfer code
How to transfer money from Polaris bank to another Polaris bank/other banks in Nigeria
Here, I will be giving you two (2) methods to use. I will list them out in terms of their speed. The faster one will come first.
Using the first method:
- Dial *833*amount*account number# (e.g *833*500*0123456789#). This is known as a straight string.
- Select the recipient’s bank name.
- Verify the account name.
- If you have more than one Polaris bank account, select which of your accounts, you want to transfer from.(Skip this part if you have just one account).
- Enter your transaction PIN to authenticate your transfer.
- If you are transferring to a Polaris bank account, you will be debited with N10.50
- If you are transferring to a different bank, you will be debited with N52.50
Using the second method:
- Dial *833*3# or *833# and select option 3(transfers).
- Select the account to debit(if you have more than one Polaris bank account).
- Select recipient’s bank.
- Enter recipient’s account number. Then click “send”.
- Confirm the account name and input the amount you want to transfer.
- Enter your transaction PIN.
- Charges will be as mentioned in the first method.
Benefits of the *833*3# transfer code
Below are the benefits of using the *833*3# for your transfer.
- You do not require data on your phone to use the service. This is the edge it has over the PolarisMobile app.
- It works on all phone types, in as much as the phone can carry out USSD sessions.
- You can transact up to N50,000 per day.
- It is very smart, fast, and convenient.
- It saves you the time of queuing in Polaris bank branches to deposit funds for transfer, when you can just do it at home.
Frequently Asked Questions (FAQ) on Polaris transfer code
I got a “connection problem or invalid MMI code” message, when I dialled the short code, what do I do?
If this happens, it means you do not have a minimum of N10 on your airtime balance. Make sure it is not borrowed or bonus airtime.
This could also be caused by poor network signals. Try changing your location or upgrading your SIM card.
I got a “session timed out” message, what do I do?
Session times out when a USSD user takes too long before giving the computer a command(around 15-20 seconds). Make sure you are fast when you are on USSD sessions.
To fix this, just dial the code again and enter “C” to continue your previous session or enter “E” to exit the previous session and start a fresh one.
How many times can I use the *833*3# code in a day?
You can use it as many times as you like, as long as your daily transaction limit of N50,000 has not been exceeded.
For further enquiries, send a mail to [email protected]
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