How To Transfer Money From Access Bank seamlessly is now easy, all the methods available are made simple in this post
Imagine if you want to transfer money from your access bank to a loved one, and you have no idea how to do it, you call on a passerby or a friend to tell you how to do it, and the embarrassment or shame will linger long on you. This post will serve as an eye-opener to you and many others
Not just how to Transfer Money From Access Bank but also how to carry out your daily transactions on Access Bank app platform
There are many ways or methods you can transfer money from your access bank, these include; Internet Banking, Branch transfers, Access mobile apps, USSD transfers, ATM and card transfers,
The easiest one is the USSD, which requires no internet or Android phones, all you need Is the phone number linked to the account, dial *901# from the mobile number linked to your account, follow all the instructions swiftly
How To Transfer Money From Access Bank: All Methods Explained
Access Bank has one of the largest customer bases in Nigeria, with more people opening accounts with this bank, is it paramount not to crowed the bank with transactions you could do from the comfort of your home
Access Bank is fast becoming Nigeria’s biggest bank, and it is deploying state-of-the-art technology for customers to do their daily transactions including How To Transfer Money From Access Bank in a seamless manner. So, won’t you join the trend and make this a success? All lies in this post below
More so, all the methods explained in this post are very easy, even the senior men/women living in remote places can follow these instructions herein and perform their daily transfer from the comfort of their homes, these methods are safe, secured, and approved by Access bank
So, your presence in any of the access bank branches won’t be necessary if you follow these methods outlined in detail, we hope you will sit back, relax, and follow all explained in this post.
How to Transfer Money from Access via USSD Code
The first method on our list is the USSD code; this code is fast and reliable. It does not need Android phone or internet connection. Simply dial *901# from the number linked to the bank account and send money from Access Bank.
The steps involved include;
- you must register for the Access USSD service, by linking your phone number with your Access bank account
- *901# from your phone number registered to your Access Bank account
- Select transfer
- Select your transfer type, it could be any bank.
- Type in the beneficiary’s account number.
- Choose the beneficiary bank from the list of options.
- Insert the amount you wish to transfer.
- Enter your PIN.
- Click “Send” to confirm your transaction.
Demerits of Using the USSD Code
1) A service charge of N10 is applicable
2) It maximum the amount is ₦20,000, you cannot transfer more than ₦20,000 at a go
3) It has a daily limit of ₦100 000 on the service.
Merits of Using the USSD Code
1Very fast and reliable
2 Does not require an ATM card
3 You can use it on any mobile phone.
4 It is available all day.
How to Transfer Money Using the AccessMore App
This is a mobile app developed by Access Bank to allow its customers to do their daily transactions in the comfort of their homes. You will need a smartphone with internet connection.
This method is different from the USSD code, the accessMore app allows customers to transfer funds, check their account balance, manage their cards, and so on.
Steps to Transfer Money Using the AccessMore App:
- Download the AccessMore app on your smartphone
- Supply all the information needed
- Input your app password and your transaction PIN.
- When you launch the app, select “Transfers.”
- Insert the beneficiary’s bank and account numbers.
- Input the amount in the specified field
- Use your transfer pin to initiate the transfer.
Merits of using the AccessMore App:
- You can use it to purchase airtime or pay bills.
- You can use it to confirm the receipt of transfers
- It is fast, reliable, and convenient.
- There is no cost for each transaction.
Demerits of using the AccessMore App:
- It only works on smartphone
- It has a 5 million Naira (₦5,000,000) daily limit, you cannot transfer more than that, if you want to transfer more than 5,000,000 naira, you must visit the nearest access bank branch
- It has ₦1,000,000 per transaction; you have to transfer 1 million naira 5 times to get 5,000,000. A serious businessman may not be patient enough
- You must have a good internet connection for a successful transfer. You and I know that our internet connection in this part of the world is not stable or available in the rural areas, making more than 70% of the country’s population
How to Transfer Money from Access Bank via the ATM
Another method to Transfer Money from Access Bank is the use of Automated Teller Machines (ATM), this method is easy and only requires you to have an ATM card
First, you must visit an access bank to get your debit card, the card will proceed and set up your 4-digit authorization PIN, all linked to your account for cash transactions, such as transferring money, withdrawals, and many other functions
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Merits of transferring money from Access Bank via the ATM
- It is fast and reliable
- Easy to use
Demerits of ATM Transfers
- You must visit an ATM stand, which may not be available in rural areas
- Sometimes, ATM queues may be frustrating.
- You can only transfer ₦1,000,000 daily.
- It has many charges including an ATM maintenance fee
.
How To Transfer Money From Access Bank through POS
Another method of transferring money from your access bank account is the use of point-of-sale (POS) machines, this method seems easy and simple, all you have to do is visit any nearby point-of-sale (POS) machine outlet
Point-of-sale (POS) agents are almost everywhere, all you need to do is to, get the account you want the money to be transferred to, and the POS agent will take it from there
Mind your, you must go to the POS stand with your ATM card, this is the instrument for the transfer
Merits of using POS Transfers
- fast and reliable
- Good for in-store purchases.
Demerits of POS Transfers
- You must pay the agreed charges to the POS guys depending on the amount of transfer not levied by the bank.
- POS is not 100% safe, some dubious agent may hack your account
How To Transfer Money From Access Bank via Bank Branch Transfer
This is the old method before the advent of technology, this method is very safe and reliable, that is if you have a phobia using any of the aforementioned methods
All you have to do is visit any branch of Access Bank and collect a transfer form, fill in the form correctly, and submit the same form to the man/woman at the counter
In no distant time, your transfer will be initiated, this method is good for business people who may want to transfer billions of naira to their creditors
The government also uses this method to pay contractors, civil servants, etc., invariably, there is no limit to the amount you can transfer.
Merits of an Access Bank Branch Transfer
- It is very safe and reliable
- No cost or hidden fee
Demerits of an Access Bank Branch Transfer
- Slow and time-consuming method.
- Available on working days and hours.
- Access Bank is not in every local government in Nigeria
Overall Summary of How to Transfer Money From Access Bank
We have succeeded in explaining to you all the methods that require transferring money from your access bank account; it is now left for you to choose the method that best suits you