Stanbic IBTC Transfer Code 2019 {Send Money}

All commercial banks in Nigeria feature this service for their customers so that they can send some amount of Naira from their account to that of others and here is stanbic ibtc transfer code.

stanbic ibtc transfer code

Money transfer in banks is simply an electronic sending of funds from one bank account to another.

There are different other ways these can be carried out which include using an ATM, bank teller, wire transfer, USSD codes, mobile applications etc.

As a customer, bank transfers can be carried out in multiple ways but using their transfer code is one you should try.

The code is the operator for their USSD banking platform and it can also be used to carry out other banking transactions aside money transfers.

I will show you the ussd, how you can use it to transfer money and a few other things you need to know about using the code.

First of all, you need to start with registration.

How to Register with Stanbic IBTC USSD

To make use of any service, you have to register for it. It is available for all customers of the bank but you need to register so as to activate your account.

Registration also allows you to create a security PIN which keeps your account secure and you will use it to authorize all transactions. To register, follow the below steps.

  • Dial *909# from your bank registered phone number
  • Select 6 for Other Services >>> 1 for My Bank >>> 7 for create PIN
  • Enter the last 4 digits of your ATM card
  • Choose your USSD PIN (Must be 4 digits)
  • Re-enter the PIN to confirm.

With this done, you are now on the Stanbic IBTC USSD banking platform and now have your PIN. You can proceed to make your transfer using the transfer code.

Stanbic IBTC Transfer Code

The code to transfer money from stanbic ibtc is *909#. The code is just 3 digits and it is simple to use. This is how to use it.

Code to Transfer from Stanbic to Stanbic IBTC Account

To send money from your stanbic account to another customer using stanbic, dial *909*11*Transfer Amount*Receiver’s Account Number# then enter your PIN to confirm.

Below is an alternative code for you, just if for one reason or the other the above ussd do not work.

  • Dial *909# from your bank registered phone number
  • Select 2 to Transfer Money >>> 1 for Transfer to Stanbic account
  • Enter the correct bank account number of the receiver
  • Them enter the amount of money you wish to transfer
  • Enter your 4-digit PIN to above the transfer.

An onscreen notification confirming a successful transaction will be displayed and your bank account will be duly debited.

Code to Transfer from Stanbic IBTC to Other Banks

To send funds from your account to other nigerian banks, dial *909*22*Transfer Amount*Receiver’s Account Number#, select the receiver’s bank from the list and then enter your PIN to confirm.

You can alternatively use the code below to do the same thing if the above one didn’t work for one reason or the other.

  • Dial *909# from your bank registered phone number
  • Select 2 to Transfer Money >> 2 for Transfer to Other Bank
  • Enter the Bank name of the receiver by following the onscreen prompts
  • The correct bank account number of the receiver
  • Enter the correct amount of money you wish to transfer
  • Input your 4-digit PIN to above the transfer.

You will get a confirmation notice if the transfer went successfully and your bank account will be debited accordingly.

Service Charge

There is a low fee of N52.50 (Fifty Two Naira, Fifty Kobo) for transfers from Stanbic IBTC to other banks. Transfers from Stanbic IBTC to Stanbic IBTC are free of charge.

Transfer Limit

This code can be used to transfer money multiple times in one day, there is no limited number of times you can use it.

However, there is a limited amount of money you can transfer in one day which is N100,000.00 (One Hundred Thousand Naira Only).

This amount can be increased at the bank upon your request.

How to Change your Transfer Pin

If someone else knows your PIN, you should change it immediately because your account is no longer safe. He or she might pick up your phone and transfer money out of your account without your consent and you end up losing funds.

How do you change your PIN? It is simple.

  • Dial *909# from your bank registered phone number
  • Select 6 for Other Services >> 1 for My Bank >> 6 for change PIN
  • Enter your current PIN
  • Input your new PIN (must be 4 digits and different from the current one)
  • Re-enter the new PIN to confirm.

If you enter every detail correctly, you will get an onscreen notification confirming that you have successfully changed your USSD PIN. All future transactions will be authorized using the new PIN.

What Should i do if i Forget My PIN

Your USSD PIN is very important because, without it, you can not carry out any banking transaction with the code. However, it is possible to forget it and it can happen to you.

If you do forget your USSD PIN, do not attempt to carry out any transaction to avoid entering the wrong PIN which can result in usage restrictions.

What you should simply do is to contact your bank via email or phone call. The best option however will be visiting the customer care service at your bank branch.

Other things to Note About Using the Transfer Code

Below are a few other things you should know about the bank’s code.

1.) The code works on all major mobile networks in Nigeria and that includes MTN, Airtel, Glo, and 9Mobile.

2.) The code is available 24/7 and that includes weekends and public holidays on which banks do not operate.

3.) The code requires no data or internet connection, it only needs a mobile phone with GSM service.

4.) The code can be used by Stanbic IBTC bank savings account and current account holders.

Final Note

We all know how uneasy it can be standing on ATM queues or bank just to carry out money transfers so it is good that this stanbic ibtc transfer code was introduced. It is convenient to use and very fast, transfers with it are completed in just minutes.

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