Transferring Money from Stanbic: This post contains full guides on how to transfer money from Stanbic to Stanbic, and also how to send money from Stanbic to other banks using the Stanbic Bank USSD transfer code, mobile app, and internet bank on your phone.
Stanbic IBTC is a leading financial institution in Nigeria that offers various banking services to its customers. One of the services that Stanbic Bank provides is the ability to transfer funds to other accounts operating within the bank as well as accounts in other banks in Nigeria.
In this blog post, we will explore the different methods that Stanbic provides for transferring money and provide step-by-step instructions for each method. Whether you prefer using a mobile app, internet banking, USSD code, or ATM, Stanbic has you covered.
We will also discuss important considerations to keep in mind when transferring money, such as ensuring you have the correct recipient details and sufficient funds to cover the transfer amount and any fees.
By the end of this post, you will have a comprehensive understanding of how to transfer money from Stanbic Bank and the best practices to follow to ensure a smooth and successful transfer.
Stanbic Money Transfer
It is very easy to transfer money from Stanbic, however, the most popular method is using the transfer code.
The Stanbic transfer code is available to all Stanbic customers, and it allows them to transfer money from their accounts to other Stanbic accounts or accounts with other banks in Nigeria. The transfer code is designed to make banking transactions easier and more convenient for customers, regardless of their location or time of day.
To use the Stanbic IBTC transfer code, customers must have a mobile phone registered with their Stanbic account and sufficient funds in their account to complete the transfer.
The transfer code is accessible on all mobile networks in Nigeria, and it comes with various security features to ensure safe and secure transactions.
See Also: List of Stanbic Bank USSD Code for All Transactions
Features of Stanbic Transfer Code
The Stanbic USSD transfer code can be used by any Stanbic Bank account operator, and it can be used to:
- Transfer money to Stanbic account
- Transfer money to other banks’ accounts
- Send money to Microfinance banks (e.g Kuda)
- Send money to Fintech apps (e.g Opay, and PalmPay)
How to Activate Stanbic Transfer Code
Firstly, to be able to use the Stanbic Bank transfer code to send money, you must register and activate it.
To do this, follow the steps below:
- Simply dial *909# on your phone with your registered number
- Follow the screen instructions
- Enter your Debit or ATM card’s last digits
- Create 4 digits secret Pin
That’s all. With your Stanbic IBTC transfer code now activated, you can now use it to fund any bank account. Let’s see how to send money from Stanbic.
How to Transfer Money from Stanbic
*909*11*Amount*Account Number# is the code to transfer money from Stanbic to another Stanbic Bank account. While *909*22*Amount*Account Number# is the Stanbic bank transfer code to other banks. After dialing the code, select the bank, and then enter your PIN to complete the transaction.
For example, if you want to transfer N20,000 to Wema Bank (Account Number: 8888811111), just dial *909*22*20000*8888811111#, then select Wema Bank as the bank, and enter your transfer PIN to authorized the transaction.
How to Transfer Money from Stanbic to Stanbic Accounts
Stanbic offers various channels for transferring money to Stanbic accounts. Here are the steps to transfer money to Stanbic accounts via different channels:
1. Stanbic Mobile App
Stanbic customers can use the Stanbic mobile app to transfer money to other Stanbic accounts. Here’s how to do it:
- Open the Stanbic mobile app on your phone.
- Log in to your account using your username and password or your biometric credentials.
- On the home screen, tap on the “Transfer” option.
- Select the account you want to transfer from and the account you want to transfer to.
- Enter the amount you want to transfer.
- Choose the type of transfer you want to make; Choose “Stanbic Transfer”
- Enter the recipient’s details, including bank name, account number, and the reason for the transfer (optional).
- Review the details of the transfer to ensure that they are correct.
- Enter your Stanbic mobile app PIN or biometric credentials to authorize the transaction.
- Confirm the transfer and wait for the transaction to be completed.
Related: How to Send Money from Fidelity Bank
2. Stanbic USSD Code
Stanbic customers can use the Stanbic USSD code to transfer money to other Stanbic accounts. Here’s how to do it:
- Dial *909# on your mobile phone.
- Select “Transfer” from the menu.
- Select “Stanbic” as the beneficiary bank.
- Enter the recipient’s account number and the amount you want to transfer.
- Confirm the transaction by entering your PIN.
3. Stanbic Internet Banking
Stanbic customers can also use the Stanbic Internet banking platform to transfer money to other Stanbic accounts. Here’s how to do it:
- Log in to your Stanbic internet banking account.
- Click on the “Transfer Funds” menu.
- Select “Stanbic” as the beneficiary bank.
- Enter the recipient’s account number and the amount you want to transfer.
- Review the transaction details and confirm the transfer.
How to Transfer Money from Stanbic Bank to Other Banks
Stanbic customers can also transfer money to accounts in other banks in Nigeria. Here’s how to do it:
1. Stanbic Mobile App
Stanbic customers can use the Stanbic mobile app to transfer money from Stanbic Bank to other banks in Nigeria. Here’s how to do it:
- Open the Stanbic mobile app on your phone.
- Log in to your account using your username and password or your biometric credentials.
- On the home screen, tap on the “Transfer” option.
- Select the account you want to transfer from and the account you want to transfer to.
- Enter the amount you want to transfer.
- Choose the type of transfer you want to make; Choose “Other Banks”
- Enter the recipient’s details, including bank name, account number, and the reason for the transfer (optional).
- Review the details of the transfer to ensure that they are correct.
- Enter your Stanbic mobile app PIN or biometric credentials to authorize the transaction.
- Confirm the transfer and wait for the transaction to be completed.
2. Stanbic USSD Code
Stanbic customers can also use the Stanbic USSD code to transfer money to other banks in Nigeria. Here’s how to do it:
- Dial *909# on your mobile phone.
- Select “Transfer” from the menu.
- Select “Other Banks” as the beneficiary bank.
- Enter the recipient’s account number and the bank’s name.
- Enter the amount you want to transfer.
- Confirm the transaction by entering your PIN.
Read Also: Code to Transfer Money from Unity Bank
3. Stanbic Internet Banking
Stanbic customers can use the Stanbic Internet banking platform to transfer money to other banks in Nigeria. Here’s how to do it:
- Log in to your Stanbic internet banking account.
- Click on the “Transfer Funds” menu.
- Select “Other Banks” as the beneficiary bank.
- Enter the recipient’s account number and the bank’s name.
- Enter the amount you want to transfer.
- Review the transaction details and confirm the transfer.
Tips for Safe and Secure Money Transfers
After knowing how to send money from Stanbic to Stanbic and other banks, it is important you know some tips while using the USSD transfer code for Stanbic.
- Verify the recipient’s details: Always double-check the recipient’s account number and bank name before initiating a transfer to avoid sending money to the wrong account.
- Use secure channels: Always use secure channels such as Stanbic mobile app, USSD code, or internet banking to initiate transfers. Avoid using public Wi-Fi or shared computers to access your bank account.
- Keep your login details safe: Never share your login details with anyone, and avoid using easy-to-guess passwords.
- Review transaction details: Always review the transaction details before confirming the transfer to ensure that the recipient’s details and the transfer amount are correct.
- Set transaction limits: Stanbic allows customers to set transaction limits to avoid unauthorized transfers.
Conclusion
Transferring money from Stanbic to Stanbic accounts and other banks in Nigeria is simple and straightforward. Stanbic provides various channels such as the Stanbic mobile app, USSD code, and internet banking to make money transfers easy for customers.
It is important to keep your login details safe, use secure channels, and verify the recipient’s details to ensure safe and secure money transfers. By following these Stanbic fund transfer tips, and steps on how to transfer money from Stanbic, and how to use the Stanbic Bank transfer code, you can easily transfer money to Stanbic accounts and other banks in Nigeria.
