When it comes to banking, one of the major transactions people carry out is money transfer; money transfers are made by millions of people daily in Nigeria. Here is how to use fidelity bank money transfer code to send money.
With a total asset of about $4.2 trillion, Fidelity bank stands as one of the top commercial banks in Nigeria. The bank has millions of customers and branch locations in almost all 36 states of the country.
Money transfer is simply moving a particular amount of money from your bank account into that of some one and there is always a need for it.
As a Fidelity bank customer who wants to transfer money from your account to that of someone else, there are many ways to do that and one way is by using a USSD code.
Read on if you would like to know this code and also how to make use of it.
Fidelity Bank Transfer Code
If you want to transfer money from your fidelity bank account to that of other banks, the code to use is *770#. This code can be used without data and internet connection, it just requires a GSM phone and a mobile network.
You have to first create a USSD PIN to be able to use this code to make transfers. The PIN is important as it keeps your money secure so you alone can be able to transfer money with the code. To set this PIN.
- Dial *770*00# from the phone number linked to your Fidelity bank account
- Provide details of your bank account as prompted
- Create your PIN (This PIN must be 4 digits)
- Re-enter the PIN to confirm.
You will get an onscreen notification notifying you that you have successfully changed your PIN.
As you create your PIN, make sure you memorize it as you won’t be able to transfer money if you forget it.
Now that you have created your USSD PIN, how do you use this code to transfer money? this is how.
Dial *770*beneficiary account number*transfer amount# from the phone number linked to your Fidelity bank account.
For example; if you want to transfer N5,000 to 7897654321, you will dial *770*7897654321*5000#.
- Next, follow the onscreen prompts to choose the bank of the beneficiary (Fidelity bank or other banks)
- Enter your 4-digit PIN to approve your transfer.
It is as easy as that and if every detail is input correctly, you will receive and onscreen notification confirming your transfer, you will as well get an error message if other wise.
Your bank account will be debited and you will receive an SMS from your bank.
For most banks, there is always a service charge associated with transferring money with USSD codes and Fidelity bank is no different.
The bank charges a flat transfer fee of N50.00 (Fifty Naira Only) for transfers from Fidelity bank to other banks and from Fidelity bank to Fidelity bank.
There is no usage limit with the Fidelity bank transfer code, this means that you can use the code as many times as you need to in a day.
However, there is a maximum transfer limit which you cannot exceed in a day.
The maximum amount of money you can transfer per transaction is N20,000.00 (Twenty Thousand Naira Only) while the maximum amount of money you can transfer in a day is N100,000.00 (One Hundred Thousand Naira Only).
Mobile Networks on Which You Can Use it
This code is a USSD code so It should work with any GSM network in Nigeria. It would work with Airtel, Etisalat, GLO and MTN networks.
Why You Should Use This Code
As a Fidelity bank user who often carry out transfers and you have not been making use of this code, you really should. Below are some reasons why.
1.) Available 24/7: this code can be used anytime of the day and all days of the week. This all includes non-banking days.
2.) Convenient: this fact that you can make use of this code anywhere you are makes it a convenient means of transferring money with Fidelity. Whether you are at home, office, school or church, you can make use of it.
3.) Fast: you can use this code to transfer money in just minutes. This is faster than using the ATM and or the bank counter.
4.) Simplicity: the code is *770#, a very easy and simple code to remember.
With the information provided in this write up on code to transfer money from fidelity bank, it is sure that you now know the code for transferring money with Fidelity bank and also how to make use of this.
It is important to cross check every detail you input when making a money transfer with this code to avoid making mistakes and transferring to the wrong account.