GTBank is no doubt one of the best banks in Nigeria. Furthermore, it is among banks having the highest number of customers in the country. The success of this bank cannot be accounted for, by luck. Guaranty Trust Bank is what it is today because of its excellence in providing banking services. We would be taking a look at GTBank Transfer Code and How To Transfer Money From Gtbank To Other Banks and Guaranty Trust Banks Too.
When USSD banking started making waves in Nigeria, this bank is among the first set of banks to incorporate the system. USSD banking (banking using USSD code) allows Guaranty Trust Bank customers to carry out a wide range of financial transactions from their mobile phones. Among transactions that can be made on the USSD banking platform is fund transfer. Funds can be transferred from a Guaranty Trust Bank account to another GT account or bank accounts at other banks in the country.
Despite the power USSD banking holds, a good number of Guaranty Trust Bank customers do not know how to use it. This article, ‘GTBank Transfer Code: How To Transfer Money From GTBank To GTBank And Other Banks’ was written to enlighten people on how to make fund transfers with GT’s USSD banking platform. However, before going to our main discussion, we would love to discuss the USSD system.
The Current GTBank Transfer Code is *737#
Transferring money from your Guaranty Trust Bank account to other bank accounts is very easy. All you have to do, is to dial the right USSD code. The USSD code for transferring fund to other GT accounts is different from the one used to transfer fund to bank accounts of other banks.
‘Amount’ is an amount of money you wish to transfer, while ‘NUBAN Account Number’ is the account number of the person you intend to transfer to.
Note the difference, the first code begins with ‘*737*1’, while the second one begins with ‘*737*2’.
Just like the first code, ‘Amount’ is an amount of money you wish to transfer, while ‘NUBAN Account Number’ is the account number of the person you intend to transfer to.
1. If you are required to transfer 70,000 NGN to someone who also uses Guaranty Trust Bank, and their account number is 1002222100, the following is the code you will have to dial:
2. If you are required to transfer 12,000 NGN to another person who uses Zenith Bank, and their account number is 1112222345, the following is what you need to dial:
At this point, you should be able to make a fund transfers using Guaranty Trust Bank’s USSD banking platform. However, there are some things to note.
The daily transaction limit, using this platform, is 200,000 NGN. In other words, you can not transfer more than 200,000 NGN daily, using this platform. To some people, this is a big constraint. It appears that way, this limit is however for customers’ benefit. You should also note that you may have a problem using this platform, if you are in a place where the signal strength is weak.
o some people, USSD is a tech jargon they often hear people talk about; they have little idea of what it really means. USSD which stands for Unstructured Supplementary Service Data is a mobile network system that allows mobile phones to communicate with computer servers. USSD codes are popularly known as codes in Nigeria. An example of USSD code is *556#.
When a person dials *556# on their mobile phone, when using an MTN SIM card, a request is sent to one of MTN’s servers to retrieve their account balance for them.
Years ago, the USSD system was used only by telecommunication companies, but these days, a lot of commercial organization have embraced this system. Guaranty Trust Bank has USSD codes with which a person can communicate with their servers. Now, you can tell Guaranty Trust Bank’s computer servers to help you make a transfer, right from your phone. You do not have to go to the bank again for transactions like this. What USSD banking does here, is: bringing banking services to your fingertips.
Up next is a discussion on how to transfer funds from your Guaranty Trust Bank account, using USSD codes. Before we discuss that, let us answer some frequently asked questions about USSD banking (a form of mobile banking).
The answer to this is a big no. USSD banking does not require any internet connection for you to use it. Just as you do not need an internet connection to check your account balance on your phone, you do not need any internet connection to use GT’s USSD banking system.
Yes, USSD banking is a safe banking platform. The USSD banking platform is equipped with a number of authentication systems. If this platform were unsafe, a bank like GT will not implement this it in the first place.
Yes. Any Guaranty Trust Bank customer has access to GT’s USSD banking platform. However, a Guaranty Trust Bank customer first has to register for USSD banking? The registration can be done right from your phone: in other words, you do not need to visit any Guaranty Trust Bank branch to register for USSD banking?
Guaranty Trust Bank’s USSD banking is instant. When you make a fund transfer or use some other services on the platform, the transaction is carried out instantly. Furthermore, you will be notified about the success status of the transaction.
No. Guaranty Trust Bank’s USSD banking platform can be used to carry out a lot of financial transactions. You can use this platform to buy airtime, pay for utility bills, transfer funds, check bank account balance and many more.
That’s all about GTBank Transfer Code *737# – How To Transfer Money From GTBank To Other Banks.
Tags: GTBank Transfer Code *737# – How To Transfer Money From GTBank To Other Banks