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How to Transfer Money from Ecobank (2024)

  • December 13, 2023

Transferring Money from Ecobank: This post contains full guides on how to transfer money from Ecobank to Ecobank, and also how to send money from Ecobank to other banks using the Ecobank Bank USSD transfer code, mobile app, and internet bank on your phone.

Eco Bank is a leading financial institution in Nigeria that offers various banking services to its customers. One of the services that Ecobank 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 Ecobank 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, Ecobank 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 Ecobank and the best practices to follow to ensure a smooth and successful transfer.

Ecobank Money Transfer

It is very easy to transfer money from Ecobank, however, the most popular method is using the transfer code.

The Ecobank transfer code is available to all Ecobank customers, and it allows them to transfer money from their accounts to other Ecobank 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 Ecobank Bank transfer code, customers must have a mobile phone registered with their Ecobank 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.

Check Out: List of EcoBank USSD Codes for All Transactions

Features of Ecobank Transfer Code

The Ecobank USSD transfer code can be used by any Ecobank Bank account operator, and it can be used to:

  • Transfer money to Ecobank 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 Ecobank Transfer Code

Firstly, to be able to use the Eco bank transfer code to send money, you must register and activate it.

To do this, follow the steps below:

  • Simply dial *326# 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 Ecobank transfer code now activated, you can now use it to fund any bank account. Let’s see how to send money from Ecobank.

How to Transfer Money from Ecobank

*326# is the code to transfer money from Eco Bank to another Eco Bank account and other banks as well. After dialing the code, select the transfer option, enter the amount you want to send, enter the recipient’s account number and select the bank, then enter your PIN to complete the transaction.

How to Transfer Money from Ecobank to Ecobank Accounts

Ecobank offers various channels for transferring money to Ecobank accounts. Here are the steps to transfer money to Ecobank accounts via different channels:

1. Ecobank Mobile App

Ecobank customers can use the Ecobank mobile app to transfer money to other Ecobank accounts. Here’s how to do it:

  • Open the Ecobank 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 “Ecobank 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 Ecobank mobile app PIN or biometric credentials to authorize the transaction.
  • Confirm the transfer and wait for the transaction to be completed.

Read Also: How to Transfer Money from Zenith Bank

2. Ecobank USSD Code

Ecobank customers can use the Ecobank USSD code to transfer money to other Ecobank accounts. Here’s how to do it:

  • Dial *326# on your mobile phone.
  • Select “Transfer” from the menu.
  • Select “Ecobank” 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. Ecobank Internet Banking

Ecobank customers can also use the Ecobank Internet banking platform to transfer money to other Ecobank accounts. Here’s how to do it:

  • Log in to your Ecobank internet banking account.
  • Click on the “Transfer Funds” menu.
  • Select “Ecobank” 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.

Related: How to Transfer Money from Union Bank

How to Transfer Money from Eco bank to Other Banks

Ecobank customers can also transfer money to accounts in other banks in Nigeria. Here’s how to do it:

1. Ecobank Mobile App

Ecobank customers can use the Ecobank mobile app to transfer money to other banks in Nigeria. Here’s how to do it:

  • Open the Ecobank 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 Ecobank mobile app PIN or biometric credentials to authorize the transaction.
  • Confirm the transfer and wait for the transaction to be completed.

2. Ecobank USSD Code

Ecobank customers can also use the Ecobank USSD code to transfer money to other banks in Nigeria. Here’s how to do it:

  • Dial *326# 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.

3. Ecobank Internet Banking

Ecobank customers can use the Ecobank Internet banking platform to transfer money to other banks in Nigeria. Here’s how to do it:

  • Log in to your Ecobank 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.

See Also: UBA USSD Transfer Code

Tips for Safe and Secure Money Transfers

After knowing how to send money from Ecobank to Ecobank and other banks, it is important you know some tips while using the USSD transfer code for Ecobank.

  1. 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.
  1. Use secure channels: Always use secure channels such as Ecobank mobile app, USSD code, or internet banking to initiate transfers. Avoid using public Wi-Fi or shared computers to access your bank account.
  2. Keep your login details safe: Never share your login details with anyone, and avoid using easy-to-guess passwords.
  3. 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.
  4. Set transaction limits: Ecobank allows customers to set transaction limits to avoid unauthorized transfers.

Conclusion

Transferring money from Ecobank to Ecobank accounts and other banks in Nigeria is simple and straightforward. Ecobank provides various channels such as the Ecobank 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 Ecobank fund transfer tips, and steps on how to transfer money from Ecobank, and how to use the Eco bank transfer code, you can easily transfer money to Ecobank accounts and other banks in Nigeria.