How to Transfer Money from Access Bank

October 5, 2023

Access Bank is one of Nigeria’s leading financial institutions, known for its dedication to providing its customers with convenient and secure banking services.

Transferring money, whether to a family member, a friend, or for business purposes, is one of the most common banking transactions.

We’ll show you through the various methods for transferring on your Access Bank account.

Ways to Transfer Money on your Access Bank Account

You can transfer money on your Access bank account in different kinds of ways. Access Bank provides a variety of simple methods for transferring on your Access account that meet to every one of your preferences and needs. They are as follows:

Mobile banking app.
USSD Code.
Automated Teller Machine (ATM).
Internet Banking.

How to Use the Mobile Banking App to Transfer Money from My Access Bank Account

The Access Bank mobile banking app allows you to transfer money on the go. To use the app for money transfers, follow these steps:

Download and install the Access Bank mobile app from Google Play Store or Apple App Store.
If you haven’t already, open the app and register. You will need your account number and other information.
Log into the mobile app using your login credentials (user ID and password or biometric authentication).
On the home screen, click “Transfer Funds.”
Select the account from which you want to transfer funds (Savings, Current, or Wallet).
Select the type of destination bank account (Access Bank or Other Banks).
Enter the account number of the recipient.
Confirm the account name displayed on the screen as the recipient’s. If the name entered is incorrect, cancel the transfer and contact Access Bank customer service.
Enter the amount to be transferred.
Determine the purpose of the transfer (for example, salary payment, school fees, etc.).
Enter a brief description or remark for the transfer (optional).
Check the transfer details and ensure they are correct.
To authenticate the transaction, enter your mobile app transaction PIN or biometric authentication.
Once you confirm the transfer, the funds will be transferred and a debit alert will be sent to your phone.

How to Use the Access Bank USSD Code to Transfer Money from my Access Bank Account?

First you need to activate Access Bank USSD code before you can use it to carry out any transaction, if you haven’t, follow these steps to activate Access Bank USSD:

Dial *901# on your phone, using the same phone number you used to open your Access Bank account.
Select “Accept” to accept the bank’s mobile banking terms (which may include any charges).
Select “Transfer” from the drop-down menu.
Enter the last six digits of your Access Bank debit card (ATM card).
They will ask for your date of birth if you do not have an ATM card.
Enter the account number from your Access Bank.
Make a four-digit PIN for mobile banking. This PIN will be used to indicate “yes” to your transactions.
To complete your USSD registration, type the PIN again.

Transfer Money Using the USSD Code

Now that you have successfully activated the USSD code you can now transfer money by following these simple steps

**Step 1: On your mobile phone, dial *901#**

Dial *901# on your mobile phone to initiate a transfer using the Access Bank transfer code. Check that you are using the phone number associated with your Access Bank account.

Step 2: Click the “Transfer” button

When you dial *901#, a menu of options will appear on your screen. Enter the number associated with the option “Transfer” to select it.

Step 3: Choose the type of transfer

The following option on your screen will ask you to choose the type of transfer you want to make. You can transfer funds to Access Bank accounts or other Nigerian banks. Enter the number associated with the appropriate option to select it.

Step 4: Enter the account number of the recipient

You will be prompted to enter the recipient’s account number after selecting the type of transfer. To avoid sending money to the wrong account, make sure you enter the correct account number.

Step 5: Choose the recipient’s bank

After entering the account number, you will be prompted to select the bank of the recipient. Select the bank from the drop-down menu that appears on your screen.

Step 6: Enter the amount of money

You will be prompted to enter the amount you wish to transfer after selecting the recipient’s bank. Enter the amount and press the “Send” button.

Step 7: Type in your 4-digit PIN

To proceed, enter your 4-digit PIN to authorize the transaction. To avoid errors, make sure you enter the correct PIN.

Step 8: Complete the transaction

You will be asked to confirm the transaction by clicking “Send” after entering your PIN. If you followed all of the steps correctly, you will receive a message confirming that your transfer was successful.

How to Transfer money from my Access Bank Account using Automated Teller Machine (ATM)

Here are the simple steps you need to follow in order for you to transfer money from an Access bank account using ATM:

Locate and insert your Access Bank ATM card.
Enter your PIN and choose “Transfer” from the main menu.
Select the type of destination bank account (Access Bank or Other Banks).
Enter the account number of the recipient.
Confirm the account name displayed on the screen as the recipient’s. If the name entered is incorrect, cancel the transfer and contact Access Bank customer service.
Enter the amount to be transferred.
Determine the purpose of the transfer (for example, salary payment, school fees, and so on).
Add a brief description or remark about the transfer (optional).
Check the transfer details to ensure they are correct.
The money will be transferred and you will receive a receipt once you confirm the transfer.

How to Transfer Money from your Access Bank Account using Internet Banking

The following are the detailed steps for transferring money from an Access Bank account to another using online banking:

Use your computer or mobile device to access the Access Bank online banking platform.
Sign in with your login credentials (user ID and password or biometric authentication).
From the main menu, choose “Transfer Funds.”
Select the account from which you want to transfer funds (Savings, Current, or Wallet).
Select the type of destination bank account (Access Bank or Other Banks).
Enter the account number of the recipient.
Confirm the account name displayed on the screen as the recipient’s. If the name entered is incorrect, cancel the transfer and contact Access Bank customer service.
Enter the amount to be transferred.
Select the transfer’s purpose (e.g., salary payment, school fees, etc.).
Add a brief description or remark about the transfer (optional).
Check the transfer details to ensure they are correct.
To authenticate the transaction, enter your online banking transaction PIN or biometric authentication.
The money will be transferred once you confirm the transfer. and you will be charged

Conclusion

When you use Access Bank’s mobile banking app or USSD code service, transferring money from your account is a simple process. These methods give you the freedom to conduct secure transactions whenever and wherever you want.

To ensure the safety of your funds, keep your login credentials and PINs private. If you run into any problems or have any questions, please contact Access Bank’s customer service. Good luck with your banking!

FAQs

What information do I need to transfer funds?

To make a transfer, you typically need the account number of the recipient, the name of the recipient bank, and the exact amount you want to transfer.

How long does it take for a transfer to appear in the account of the recipient?

Access Bank transfers are typically instant. Transfers to other banks’ accounts, on the other hand, may take a few hours to a business day, depending on the recipient bank’s processing time.

What should I do if I transfer funds to the incorrect account?

If you make a transfer to the wrong account, contact Access Bank immediately. They will show you through the steps of resolving the problem.

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