This post is all about how to transfer from Kuda bank to other bank in Nigeria.
The introduction of Kuda into the banking sector in Nigeria has without a doubt made banking transactions such as transfers, deposits, bill payments, etc, much easier.
Of course, we all know that the main purpose many people open Kuda bank accounts is to send and receive payments online since it is faster than queuing at banks.
Transferring money from one Kuda account to another Kuda account is easy since the transaction is within the bank. But what about the interbank transfer?
I mean, what about transferring money from a Kuda bank account to other banks?
To make it as easy as transferring money from Kuda to Kuda is why we’ve brought you this post to show you exactly how to transfer from Kuda bank to other bank.
If you’re ready to know how then keep reading!
Transferring Money on Kuda
Transferring money on Kuda is one of the main reasons why people like using Kuda bank. This is because money transfer is free and super fast on Kuda.
On Kuda, you can transfer and/or send money to another Kuda account without any charges whatsoever. And within a blink of an eye, the recipient’s Kuda account will be credited.
So transferring money from Kuda to other banks too. Of course, transfer to all banks in Nigeria is free on Kuda, and that’s what branded the company “Bank of The Free”.
No VAT will be charged for transfer, no hidden service fee will be charged, and the recipient will not be charged too. Now you can see that transfer is safe on Kuda.
Since transfer is safe, free and fast on Kuda, let’s see how to transfer money from Kuda to other bank in Nigeria.
Read Also: List of Kuda Bank USSD Code
How to Transfer Money on Kuda
First of all, before you can transfer money from Kuda to other banks, you must make sure you have a sufficient account balance that money can be transferred from.
After that, log in to your Kuda bank account on the app, and click on the “Payment” menu. On the new page, click on the “Send Money” option, enter the amount, search for and select the bank you want to transfer money to, then enter your account number and click on “Next”. Finally, enter your Kuda bank transfer pin to make payment.
That’s simply how to transfer money from Kuda bank to other bank. To make it easier for you, below is a simplified step-by-step guide on how to send money from Kuda to other banks.
How to Transfer from Kuda Bank to Other Bank
To transfer from Kuda bank to other banks, simply follow the step-by-step guide below.
- Open the Kuda app on your phone and log in to your account.
- Click the “Payments” option at the bottom of the Kuda home page.
- On the new page, click the “Send Money” option.
- Now, enter the amount you want to transfer.
- Find and select the bank you want to transfer money to.
- Now, enter your bank account number.
- Then, enter your Kuda bank transaction pin to authorize the transfer.
That’s all the procedures that must be followed in order to send, transfer money or fund your other bank account from Kuda bank.
To make it even easier, let’s see some examples.
How to Transfer Money from Kuda Bank to First Bank
To transfer money from Kuda to First Bank account, all you need to do is just log into your Kuda account and click on the “Payments” option to open a new menu.
Now, click on the “Send Money” button, then enter the amount you want to send, select the First Bank as the bank to transfer to, and enter your FirstBank account number. Finally, enter your 4-digits Kuda bank transaction pin to transfer the money.
Related: How to Upgrade Kuda Bank Account
How to Transfer Money from Kuda to GTbank
To transfer money from Kuda to Gtb, all you need to do is just log into your Kuda account and click on the “Payments” option to open a new menu.
Now, click on the “Send Money” option, then enter the amount you want to send, select the Guaranty Trust Bank (GtBank or Gtco) as the bank to transfer to, and enter your Gtbank account number as well. Now, enter your 4-digits Kuda bank transaction pin to transfer the money.
How to Transfer Money from Kuda to UBA
To transfer money from Kuda to UBA Bank account, just launch the Kuda app on your phone and log into your Kuda account, then click on the “Payments” option to open a new menu.
Now, click on the “Send Money” button, then enter the amount you want to send, select the UBA as the bank to transfer, and enter your UBA account number. Then, enter your 4-digits Kuda bank transaction pin to transfer the money.
Those are some examples that will make it easier for you to transfer and send money from your Kuda bank account to other banks in Nigeria.
Once done correctly, the money transferred will be deducted from your Kuda bank account, and credited into your other bank account.
Check Out: How to Apply for Paycenter POS
Sending Money from Kuda to Other Banks – FAQs
Can I transfer money from Kuda to other banks?
Yes, you can transfer money from Kuda to other banks free, fast, and safe, and within a few seconds, your money will be credited into your bank account.
How to do transfer on Kuda?
To do transfer on Kuda, all you need to do is just open the Kuda app on your phone, log into your account, and click on “Payments”, then select “Send Money” from the list, and follow the transfer instructions to send money on Kuda.
How do I transfer money from Kuda to other banks?
To transfer money Kuda, all you need to do is just open the Kuda app on your phone, log into your account, click on “Payments”, select “Send Money”, enter amount, select the appropriate bank, enter bank account number, then enter your pin to complete the transfer.
Conclusion:
With Kuda being one of the most used and most popular microfinance banking companies in the country, people can now do their transactions online without going to a physical bank branch.
With this simple guide on how to transfer from Kuda bank to other bank, we believe sending money from Kuda to other local banks should be easy now.
Cheers!
