Have you been wondering how 419 or Yahoo Boys ( online fraudsters) in Nigeria could use your BVN to steal money from your bank account?
In this post, we’ll tell you why you need to securely safeguard your Bank Verification Number (BVN).
Get the latest Mobile Banking Tips right on this page. How to transfer money from your phone to another bank in Nigeria using USSD code. And other banking transactions that involve dialling USSD codes for buying airtime etc
Nigeria’s digital-only financial institution Kuda Bank has raised 10 million US dollars to further expand its digital baking across Nigeria, Africa and around the World.
Going forward, deposit money banks in Nigeria are to make sure that the confirmation of swift transactions are done within two business working days, meaning confirmation are to get to swift within 48 hours of the performance of the transactions.
Nigerian financial service providers OPay says it will be collaborating with a cross-border money transfer firm, WorldRemit, to offer international money transfers directly into OPay mobile wallets right here in Nigeria.
As a promoter of inclusive financial technology, we’re thrilled to discover that Africa’s foremost online and offline payment firm PayStack added Kuda Bank, another technology-driven financial institution to its list of pay with bank channel.
OPay Account is a mobile banking account that lets you top up your airtime, order and pay for food, buy data and other wide range of activities in real-time online.
In this guide, we’ll show you how to withdraw from Aku wallet directly to your bank account hassle-free.
Follow the instructions
Yes, you can wire your tradermoni loan from Aku Wallet to your bank by dialling a USSD code. Aku Wallet is another mobile wallet designed for people to cash out their 10, 000 Naira collateral-free loan.
Do you want to top up your electricity unit? This is the guide on how to pay electricity bill online in Nigeria with ease right on your tablet device.
After the privatization of Power Holding Company of Nigeria (PHCN), Prepaid Meter has become a household name, on which Nigerians can recharge electricity unit.
If you have been searching for sort codes for United Bank of Africa (UBA) and branches in Nigeria, this is the right place. Here, we have put together UBA bank branches in Nigeria, together with their individual sort codes.
Setting up eyowo account for personal use or for your business is as simple as dialing a friend's number on your phone. In this guide we'll show you how to create your own eyowo mobile wallet account.
You can actually update your GT Bank phone number and E-mail through two major ways:
In the later part of this post, we’ll discuss the following:
The world has gone global. The use of USSD code (Unstructured Supplementary Service Data) has changed the way we bank.
Your phone number is technically your bank in your hand if you want to save yourself the stress of visiting the nearest branch.
1) If you lost your previous phone number, then you’ll need to update your online mobile number for you to get an SMS update about activities in your account.
This will definitely to get bank alert when a transaction is carried out on your account.
2) You may also want to change your bank account phone number online if your SIM card has a technical issue due to consistent removal from your device. The chip surface may be damaged.
3) If you deliberately want to change your phone number (this is peculiar to ladies. They love to change their phone number after getting married.), then you will need to update your phone number on online banking service of GT bank.
4) If you no longer receive an alert on your phone number, then you will need to check and cross-check to probably know what the problem is.
First update your phone number, if the problem persists then you will need to visit the nearest branch.
Having said that, here is how to use GT Bank self-service to update your phone number online.
Don’t get it “twisted” there is…
Difference between Gtbank self-service and self-service portal
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.
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.
To wire your funds from your eyowo mobile wallet to ECOBANK dial this USSD code: *4255*50*2*3*Account Number#
If your choice is first bank, kindly dial *4255*50*2*4*Account Number#
If you prefer to cash out your money from First City Monument Bank, kindly dial: *4255*50*2*5*Account Number#
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#
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.”
Dial *4255*50*2*16*Account Number# to wire your loan to Wema bank.
How to transfer trademoni funds to any other banks
The brains behind the innovation saw the opportunities and where the mobile banking world is tilting and now simplifying transaction, by making sending and receiving of money to all and from friends absolutely easy.
Founded by John Oke, and launched in 2016, wallet.ng is gradually becoming a household name in the fintech world.
The platform goes beyond sending and receiving money via phone number, wallet.ng also allows its users to pay bills and withdraw from ATMs.
John Oke’s idea isn’t the only one in the market at the moment, but Infobase Media Nigeria is particularly interested in the mobile solution due to the fact that it knows no boundaries.