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Nigeria’s GTBank Launches USSD-Based Money Transfer Service

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Guaranty Trust Bank PLC, one of the leading banks in Nigeria has introduced an USSD-based service which enables money transfer via the mobile phone for its customers.

The service allows GTBank customers to perform third party transfers to both GTBank and other bank account holders in Nigeria, via their mobile phones, by simply dialing the USSD short code *737* with details of the amount and account number (NUBAN) of the beneficiary. Customers can initiate transfers to a GTBank account by dialing *737*1*Amount*NUBAN Account No#

Before now, the bank has introduced an airtime top-up service which offers its customers an easy and efficient way to buy airtime on their mobile phones directly from their GTBank account with the same short USSD code.

“This service addresses the electronic banking requirements of our customers, irrespective of their phone type”, says Segun Agbaje, Managing Director/CEO of the Bank.

The *737* Money Transfer service is only available to GTBank customers via their mobile phone numbers registered with the Bank and has minimum transfer limit of N1,000 and a daily transfer limit of N20,000.

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