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How to Transfer Money from Wema Bank (2024)

  • December 13, 2023

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

Wema Bank is one of the leading financial institutions in Nigeria that offers various banking services to its customers. One of the services that Wema 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 article, we will explore the different methods that Wema Bank 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, Wema Bank 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 Wema Bank and the best practices to follow to ensure a smooth and successful transfer.

Wema Bank Money Transfer

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

The Wema Bank transfer code is *945#. It is available to all Wema Bank customers, and it allows them to transfer money from their accounts to other Wema Bank 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 Wema Bank transfer code, customers must have a mobile phone registered with their Wema Bank 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 All Wema Bank USSD Code

How to Activate Wema Bank Transfer Code

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

To do this, follow the steps below:

  • Dial *945# and select the appropriate option for activation using the line/sim/phone number registered with your Wema Bank account
  • Follow the prompt that shows up on the screen and choose the option to proceed to activation.
  • Add your bank account number
  • Set up your PIN.
  • Confirm your PIN to complete the activation process

That’s all. With your Wema transfer code now activated, you can now use it to fund any bank account. Let’s see how to send money from Wema Bank.

How to Transfer Money from Wema Bank

*945*Account Number*Amount# is the code to transfer money from Wema Bank to another Wema Bank account, and also to transfer money to other banks.

For example, if you want to transfer N8,500 to Gt Bank (Account Number: 0000099999), just dial *945*0000099999*8500#, then select Gt Bank as the bank, and enter your transfer PIN to authorise the transaction.

How to Transfer Money from Wema Bank to Wema Bank Accounts

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

1. Wema Bank Mobile App

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

  • Open the app and sign up if it’s your first time, or log in if you’ve registered already
  • On the home screen, click on the “Transfer” button
  • Select the account you want to make the transfer from
  • Select the transfer type; Choose “Wema Bank”
  • Enter the recipient’s account number
  • Enter the amount you want to transfer
  • Type in a description (optional)
  • Click on the “Next” button
  • Review and confirm the transfer details
  • Enter your PIN and click on the “Send” button to complete the transaction.

Read Also: How to Transfer Money from Polaris Bank

2. Wema Bank USSD Code

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

  • Dial *945# on your mobile phone.
  • Select “Transfer” from the menu.
  • Select “Wema Bank” 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. Wema Bank Internet Banking

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

  • Log in to your Wema Bank internet banking account.
  • Click on the “Transfer Funds” menu.
  • Select “Wema Bank” 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 Wema Bank to Other Banks

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

1. Wema Bank Mobile App

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

  • Log in to the Wema Bank mobile app.
  • Tap on the “Transfer” button on the app’s homepage.
  • Select the account you want to make the transfer from
  • Select the transfer type; Choose “Other Banks”
  • Enter the recipient’s account number
  • Enter the amount you want to transfer
  • Type in a description (optional)
  • Click on the “Next” button
  • Review and confirm the transfer details
  • Enter your PIN and click on the “Send” button to complete the transaction.

See Also: Eco Bank Transfer Code

2. Wema Bank USSD Code

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

  • Dial *945# 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. Wema Bank Internet Banking

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

  • Log in to your Wema Bank 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 Wema Bank to Wema Bank and other banks, it is important you know some tips while using the USSD transfer code for Wema Bank.

  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 Wema Bank 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: Wema Bank allows customers to set transaction limits to avoid unauthorized transfers.

Conclusion

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