How To Transfer Money From First Bank

March 28, 2022

 

How To Transfer Money From First Bank – In this article, we will be talking about how you can transfer money from First Bank whether with the transfer code and Mobile Banking and these has made it easier for customers to run bank transfer from anywhere and anytime without coming to the bank.

This is also a quick, easy, convenient and secured way of banking as you don’t have to go to the bank to transfer money; all you need is your phone and internet connection depending on if you are using the transfer code or mobile banking.

With much hesitation, we will be looking at the different ways you can transfer money from first bank.

How To Transfer Money From First Bank

We will be looking at three ways to transfer one from First Bank and they are:

  • First Bank USSD Code
  • First Bank Mobile App
  • First Bank Internet Banking

First Bank USSD Code

The first bank USSD code is a quick and easy way to transfer money from First Bank as all you need is you mobile phone and the registered number you used to open the account and you will be able to transfer money anywhere and anytime.

How To Register For First Bank USSD Code Pin

  • Dial *894*0# on your mobile phone
  • Select your type of card from the list displayed on your screen
  • Enter the 4-digit PIN of the selected debit card
  • Then create a new 5-digit PIN that you will be using to transactions using the USSD code

How To Transfer Money Using The USSD Code

  • Dial *894*Amount*AccountNumber#
  • Confirm the amount you are transferring to the other bank account
  • Enter your 5-digit PIN
  • Select the account to debit the money from and send

First Bank Mobile App

This is another great way to transfer money from First Bank to another account whether First Bank or another bank. You just need the mobile app and an internet connection.

How To Register For First Bank Mobile App

  • Visit Google playstore or iOS Appstore to download and install the app on your phone
  • Register your ATM card and pin
  • You will receive a message with an OTP (One Time Password) on your mobile number to verify the account.
  • Copy the OTP and enter it in the field indicated on the app and click  “next”
  • Choose a password (it will be you log in password for the mobile app)
  • Enter a 4-digit pin security (this is a pin to make any transaction on the mobile app)

How To Transfer Money With First Bank Mobile App

  • Open your mobile app
  • Enter your username and password
  • Click on transfers
  • Input the recipient account number and amount
  • Verify to ensure all information is correct
  • Input your security pin code to authorize the transfer
  • Submit

First Bank Internet Banking

If you don’t want to use any of the two options we have discussed above, you can try the First Bank Internet Banking. This can be carried out with your phone or Computer as you will need an internet connection.

How To Register First Bank Internet Banking

  • You will have to go through the following process to enroll for the First Bank internet banking.
  • Visit the online portal https://ibank.firstbanknigeria.com/corp/AuthenticationController
  • Enter your Card Number
  • Input your pin
  • Enter your preferred User ID
  • Verification Code
  • Confirm verification code
  • Click next and follow the on screen information to complete your registration

How To Transfer Money With The First Bank Online Banking

  • Visit the first bank online portal https://ibank.firstbanknigeria.com/corp/AuthenticationController/
  • Enter your username and password
  • Click on transfer
  • Input the recipient account number and amount
  • Verify to make sure the information is correct
  • Submit

How To Check Account Balance On First Bank

You can check your account balance through the USSD code, mobile app and also the internet banking.

  • Dial *894*00# to check your account balance using First Bank USSD code
  • You can login to your mobile app and you will see the account balance on your dashboard or you can go to transfer history and you will see the account balance at the top
  • Same goes for the internet banking.

How To Get First Bank Mini Account Statement

You can either do this with the USSD code or the mobile app

  • For the USSD code; dial *894*AccountNumber#
  • For the mobile app, login to online portal to view your account balance

How To Open Account In First Bank

As a new customer, you can dial *894*0# and follow the message that display on the screen to open an account.

How To Deactivate Your Mobile Number From Using USSD Code

To deactivate your First Bank USSD profile from your phone, dial *894*911# and follow the message that displays on the screen of your mobile phone.

Does First Bank Have Transfer Limit?

Yes, First Bank has a transfer limit when you are performing a transfer through any of its platforms whether USSD code, mobile app and internet banking.

Although the transfer limit is on a daily basis.

What Is The Maximum Transfer Limit For First Bank?

The maximum transfer limit for First Bank depends on the medium you are using to transfer the money. The USSD code, Mobile app and internet banking all have their transfer limits.

What Is The Transfer Limit For First Bank USSD Code?

The daily transfer limit for First Bank USSD Code is N100,000. Although it can be changed if you visit the nearest First Bank branch to increase your mobile banking transfer limit.

What Is The Transfer Limit For First Bank Mobile App?

The daily transfer limit for First Bank mobile app is N500,000 without a token and N1,000,000 with a token.

What Is The Transfer Limit For First Bank Internet Banking?

The daily transfer limit for First Bank internet banking is N5,000,000 for a personal account and N10,000,000 for a business account.

How Can I Increase My Transfer Limit?

You will have to get your account documents and ID card (international passport or driver’s license) to prove your identity and then visit the nearest First Bank branch to request for an increase of your transfer limit.

What Is The Transfer Limit Of First Bank ATM Card?

Whether you were issued the Verve, Visa or MasterCard, you will only be allowed to make transfer of only up to N150,000 per day.

If you have a Platinum MasterCard, you can perform transfer of up to N300,000 per day.