Last updated on May 24th, 2023 at 09:35 pm
Eyowo transfer codes make it simple for you to easily move your funds from your mobile wallet to any bank in Nigeria using USSD codes right on your phone.
However, due to the revocation of the operating licences of some microfinance banks in Nigeria that also affected eyowo digital wallet, customers will be unable to send or withdraw till the issue is resolved with the Central Bank of Nigeria. It may take between 24 to 72 hours.
If your tradermoni eyowo mobile money wallet account has been credited with #10,000 (or #15,000, #20k, #50k or #100k) here are the codes to transfer the money right into any bank of your choice for withdrawal.
Tradermoni eyowo transfer codes for various banks in Nigeria
- *4255*50*2*3*Account Number# (ECOBank)
- *4255*50*2*4*Account Number# (First Bank:)
- *4255*50*2*5*Account Number# ( FCMB)
- *4255*50*2*13*Account Number# (UBA)
- *4255*50*2*14*Account Number# (Union Bank)
- *4255*50*2*16*Account Number# (Wema bank)
If the above codes are not working for you, you can check our guide on how to transfer from eyowo to bank account online. It’s very easy and simple to follow.
Before we share the codes with you, TraderMoni is one of the collateral free schemes of the Federal Government specifically designed for petty traders in Nigeria, who ordinarily can not access bank loans because of their financial status.
Eyowo isn’t the only wallet you can use to cash out your 10K, there is also Aku mobile wallet is used in some states.
Other collateral-free loan schemes include MarketMoni and FarmerMoni.
If you’re reading this for the first time, infomediaNG can authoritatively tell you that tradermoni is real, “meant to improve the business prospects of petty traders and artisans by scaling up their business.”
Having said that, here are the USSD codes you need to transfer your tradermoni from eyowo mobile wallet to any bank account of your choice in Nigeria.
How to transfer tradermoni funds to ECOBank
To wire your funds from your eyowo mobile wallet to ECOBANK dial this USSD code: *4255*50*2*3*Account Number#
How to transfer tradermoni funds to First Bank:
If your choice is first bank, kindly dial *4255*50*2*4*Account Number#
How to transfer tradermoni funds to FCMB using eyowo code:
If you prefer to cash out your money from First City Monument Bank, kindly dial: *4255*50*2*5*Account Number#
How to transfer tradermoni funds to UBA using eyowo code:
The right code to dial in case UBA is the bank from which you want to withdraw your funds, then dial this ussd code: *4255*50*2*13*Account Number#
How to transfer tradermoni funds to Union Bank through eyowo code
Code for UNION BANK is different from the above, use this code *4255*50*2*14*Account Number# if you wish to transfer your funds to Union Bank.
“Tradermoni enumerators will never ask you to show your personal voters card or any other confidential document as a criteria to collect the interest-free loan. Enumeration is usually carried out in open market areas and trade clusters.”
How to transfer tradermoni funds to Wema Bank:
Dial *4255*50*2*16*Account Number# to wire your loan to Wema bank.
How to transfer trademoni funds to any other banks
Please note that eyowo mobile money wallet is the sole partner of the programme, making it easy to be credited.
Through the eyowo mobile money technology you don’t need to have a bank account. In fact most of the petty traders the collateral free loan is designed for don’t have bank account.
Through eyowo, your money can easily be transferred. A mobile wallet is like a bank account and it is opened automatically for beneficiaries.
From the mobile wallet, they can transfer money to any bank account, withdraw it from an ATM, withdraw cash from an agent, transfer money to another phone number, or purchase airtime.
To transfer to any bank , dial *4255# and follow the on the screen instructions. If you are having challenges contact eyowo @eyowo on twitter.
The most important thing is you’ll have to set a six digit pin which serves as your password to make transfer. The 6-digit pin code is your key to your tradermoni eyowo balance please keep it.
Let’s answer a few question we think some of you might want to ask.
If you’re finding this method difficult or the USSD code is giving you IMM error code, then you can transfer your money using browser option from eyowo wallet to any bank account of your choice.
And in a situation whereby you used the ATM cardless withdrawal but encountered error, there is a guide on how to reverse such transaction.
Is Tradermoni agent in my state?
Yes agents are everywhere the scheme has gotten to. Check if tradermoni has landed in your state in this updated list.
Where can I get tradermoni registration form?
Registration for tradermoni doesn’t require a conventional form. It is done through the use of device by accredited tradermoni agent. If anyone brings form to you report the person immediately.
Do I need to belong to APC to benefit from the programme?
Tradermoni is designed for petty traders in Nigeria irrespective of your political affiliation. That’s why you don’t need to provide your permanent voter card (PVC).
It’s for anyone that is eligible e.g. petty traders and artisans. At the time of compiling this post, it has gotten to 14 states so far and still going to cover all the states in Nigeria.
It has gotten to Lagos, Osun, Oyo, Edo, Kaduna, Abuja etc. It is going to get to all the 36 States.
How much can I get from tradermoni?
It starts from N10,000. The money grows as you pay back and you can get up to N100,000.
What’s the purpose of tradermoni?
Federal government understands how difficulty it is for traders in petty businesses to access interest free, no collateral loans and the collateral free loan is solving that problem.
The petty traders rarely have bank accounts, and are not “interesting” or “profitable” to traditional lenders. They cannot access loans to trade, and they therefore remain in the cycle. The Federal Government is on a mission to break this poverty cycle.
How many loans is tradermoni going to give nationwide, and how many in each State?
According to Vice President Yemi Osinbajo, the petty trader collateral free loan scheme by the end of 2018, the FG targets to disburse to 2 million people across all 36 states and the FCT.
Each state (and the FCT) will receive a minimum of 30,000 loans.
How real is tradermoni?
It is real, beneficiaries are growing daily. Enumerators were at Abubakari Gumi market and Chechenia market Kaduna North, Iwo in Osun, Freedom park in Osogbo and other States to capture traders and disbursements will continue till target is achieved.
How much does it cost to get registered?
It is free. The only correct way to be registered is to be captured by our agents, with their device.
If you ever find anybody sharing or selling Trader_Moni form, report such a person immediately or call 0700-6275-386, 0700-1000-200
Do you want to work as a tradermoni agent in your state?
Check one of our previous posts, or tell us here and we will guide you how to go about it. You’d be paid base on the number of “valid” people you’re able to register.
If you having issue with your eyowo PIN
- Confirm that you are having an invalid or incorrect PIN issue.
- Reach out to Eyowo. You can do so via:
- Social media: @myeyowo on Instagramor Facebook and @eyowo on Twitter
- Email: email@example.com
- Phone number: 01-700 1520
- Allow for a maximum of 24 hoursto get a response to PIN-related issues.