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First Bank USSD Code for Transfer, Loans and Other Transactions

By Oluchukwu Ikemefuna

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First Bank USSD Code changes the way customers interact with their finances, offering unparalleled convenience and accessibility. 

With just a few taps on their mobile phones, customers can access a wide range of banking services, from fund transfers and airtime purchases to bill payments and loan requests. 

As one of Nigeria’s leading financial institutions, First Bank continues to innovate with its USSD code system, empowering customers to manage their accounts anytime, anywhere, without the need for internet connectivity.

In this piece, we’ll be reviewing the First Bank USSD codes, both for transfer and for getting a loan.

What is a USSD code?

USSD(Unstructured Supplementary Service Data) codes are short, dialed strings of characters that allow mobile phone users to communicate with an application’s server. 

Unlike SMS (Short Message Service), USSD transactions occur in real-time and do not require an internet connection. 

This makes it an ideal solution for banking transactions, especially in areas with limited internet connectivity.

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What is the First Bank USSD code?

The First Bank USSD code, also known as 894, is a convenient and efficient way to carry out various banking transactions without the need for internet connectivity or data. 

This service offers customers the flexibility to manage their finances anytime and anywhere, using any type of mobile phone.

With the First Bank USSD code, users can perform a range of tasks such as transferring money, checking their account balance, purchasing airtime, paying bills, and more. 

These transactions can be completed swiftly and securely, enhancing the overall banking experience for customers.

To access the First Bank USSD service, customers need to have a First Bank account linked to a debit card and a registered phone number for SMS alerts.

They must also possess a mobile phone capable of dialing the USSD code. Once these prerequisites are met, customers can initiate the USSD service by dialing *894*0# on their mobile device.

This action serves as the gateway to a user-friendly interface where they can navigate through various banking options and select the desired transaction.

The First Bank USSD code, 894, depicts simplicity and accessibility in banking services. It empowers customers with the ability to manage their finances on the go, without being constrained by the availability of internet connectivity or the type of mobile device they possess.

In essence, the First Bank USSD code changes the banking experience by providing a seamless and inclusive platform for conducting financial transactions with ease and convenience.

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What is the First bank USSD Code for Transfer?

Transferring money between accounts or to third parties is a common banking transaction, and First Bank’s USSD code system simplifies this process. 

Whether you need to send money to family members, pay bills, or make business transactions, the USSD code offers a convenient and secure method for transferring funds anytime, anywhere.

To Initiate a Transfer;

  • Dial *894#: 

From the mobile number linked to your First Bank account, dial *894# to access the USSD menu.

  • Select Transfer Option: 

Choose the appropriate option for transfers from the menu. This is typically option 1 or a similar selection.

  • Enter Recipient’s Details:

Follow the prompts to enter the recipient’s account number or select from your saved beneficiaries. Then, input the amount you wish to transfer.

  • Confirmation:

Review the transaction details carefully to ensure accuracy. Once satisfied, confirm the transfer by entering your unique PIN.

  • Instant Processing:

Once confirmed, the transfer is processed instantly, reflecting in the recipient’s account without delay. 

This real-time processing ensures that funds are available for use immediately, providing convenience and flexibility to both senders and recipients.

Read also:GTBank USSD Code for Airtime and Data

What is the First Bank USSD Code for loans?

To access financial assistance through loans is a common need for individuals and businesses alike.

With First Bank USSD code for loans requests, customers can initiate the process quickly and conveniently, without the need to visit a physical branch

Here’s a step-by-step guide on how to request a loan using the First Bank USSD code for loans:

  • Dial *894# from your mobile phone.
  • Select the option for loans (usually option 4 or similar).
  • Follow the prompts to provide the necessary information, such as the loan amount and repayment period.
  • Review the terms and conditions of the loan.
  • Confirm your request with your PIN.

Once submitted, your loan request will be processed, and you will receive a response regarding the status of your application.

By following these steps, customers can effectively utilise First Bank’s USSD code system to initiate loan requests and access financial assistance when needed.

This process also eliminates the need for lengthy paperwork and physical visits to the bank, providing greater convenience and accessibility to banking services. 

Read also:Sterling Bank USSD Code for Transfer and Loans

First Bank USSD Code for Bill Payments

Paying bills can be time-consuming, but with First Bank’s USSD code system, it’s a quick and straightforward process.

Whether you need to settle utility bills, internet subscriptions, or other expenses, the USSD code makes it convenient to manage your payments on the go.

Here’s how to pay bills using the USSD code:

  • Dial *894*CUSTOMER’S UNIQUE ID# from your mobile phone.
  • Choose the biller you wish to pay.
  • Enter the required details, such as the biller’s account number and the amount to be paid.
  • Confirm the transaction with your PIN.

Once confirmed, the payment will be processed instantly, ensuring that your bills are settled promptly.

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First Bank USSD Code for Airtime Purchase

Running out of airtime can be inconvenient, especially when you need to make an urgent call or send a text message. 

With First Bank’s USSD code for airtime purchase, topping up your phone has never been easier. 

Here’s how to buy airtime using the USSD code:

  • Dial *894# from your mobile phone.
  • Select the option for airtime purchase (usually option 2 or similar).
  • Choose whether you want to recharge your phone or another phone number.
  • Enter the amount of airtime you wish to purchase.
  • Confirm the transaction with your PIN.

Within seconds, your phone will be credited with the specified amount of airtime, allowing you to stay connected without interruption.

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First Bank USSD code for other transactions

Other transactions that can be done using the First Bank USSD Code include:

  •  Buying Data:

 Simply dial *894*2# for self or dial *894*2*PHONE NUMBER# for others

  • For Mini-Statement:

just dial *894*Account Number#

  • To Check Balance:

Dial *894*00#

  • For Account Opening:

Simply dial *894*0#

  • To Deactivate Your Mobile Number:

Dial *894*911#

  • To Block Your Debit Card:

• Dial *894# on your phone and select quick banking

• Then, select next page and click card control

• Pick from these options:

– ATM

– POS

– WEB

– ALL CHANNELS

– FOREIGN

• Lastly, enter your 5-digit PIN to confirm your transaction. Do bear in mind that from the options, you can choose to block your Debit card from a certain channel or all channels.

  • To Unblock Your Debit Card:

• Dial *894# on your phone and select quick banking

• Then, select next page and click on card control

• Pick from these options:

– ATM

– POS

– WEB

– ALL CHANNELS

– FOREIGN

• Choose unblock option

• Lastly, enter your 5-digit PIN to confirm your transaction. It is important to change the Pin of your Debit card in the case of recovery.

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Benefits of Using First Bank USSD codes for Transfers

Below are some of  the benefits of using USSD for transfers

  • Accessibility: 

First Bank USSD codes can be accessed from any mobile phone, regardless of the device’s capabilities or internet connectivity. 

  • Convenience: 

The USSD transfers offers convenience, allowing users to send money or perform banking transactions without the need to visit a bank branch or ATM. 

  • No Internet Required: 

Unlike the First bank mobile banking apps or online platforms, First Bank USSD transactions do not rely on internet connectivity. 

This feature makes USSD codes ideal for users who do not have access to stable internet connections or prefer not to use mobile data for banking transactions.

  • Instant Processing: 

First Bank USSD code transfers are processed in real-time, ensuring that funds are available to the recipient immediately.

This instant processing eliminates the waiting period associated with traditional bank transfers, providing users with greater flexibility and control over their finances.

  • Wide Coverage: 

The USSD codes are widely supported by mobile network operators, making them accessible to a large segment of the population. 

  • Secure Transactions: 

First Bank and other financial institutions prioritise the security of USSD transactions, implementing robust security measures to protect users’ sensitive information and prevent unauthorised access.

With features like unique PINs and encryption protocols, USSD transfers offer a secure way to manage finances.

  • Cost-Effective: 

The USSD transactions typically incur lower fees compared to other banking channels, such as ATM withdrawals or over-the-counter transactions. 

  • 24/7 Availability: 

USSD codes are available round-the-clock, allowing users to initiate transactions at any time of the day or night. 

  • User-Friendly Interface: 

The menus are designed to be intuitive and user-friendly, guiding users through the transaction process with simple prompts and instructions. 

  • Complementary to Other Channels

First Bank USSD code transfers complement existing banking channels, offering an additional avenue for users to manage their finances. 

Whether used together with mobile banking apps, internet banking platforms, or traditional branch services, USSD codes enhance the overall banking experience for users.

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What’s the First Bank USSD Transaction Limits and Fees

First Bank may impose transaction limits and fees for USSD transfers, depending on the type of account and transaction. Customers are advised to familiarize themselves with the applicable limits and charges to avoid any surprises during transactions.

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How does the First Bank Customer service Support work?

In the event of any issues or queries related to USSD transfers, customers can reach out to First Bank’s customer support channels for assistance. 

Whether through phone support, email, or visiting a branch, help is readily available to ensure a smooth banking experience.

Customers are advised to please call 0700FIRSTCONTACT (0700-34778-2668228), 01-4485500, 0708-062-5000; SMS Short Code 30012 or email ebusiness-services@firstbanknigeria.com, FinancialInclusion@firstbanknigeria.com, Firstcontact@firstbanknigeria.com should they require further information on the *894# Quick Banking.

FAQs

What is 894?

894 is a fast, safe, and simple method for handling your banking tasks like transferring money, checking your balance, buying airtime, paying bills, and more. You can do all these things anytime and anywhere, even without the internet on any type of phone.

Who can use this service?

This service is for people who have personal bank accounts and have signed up for SMS alerts using their phone numbers. If you have a joint account, a corporate account, or an account with multiple signatories, you can’t use this service.

How do I register for First Bank’s USSD banking service?

To register for First Bank’s USSD banking service, simply dial *894# from the mobile number linked to your First Bank account and follow the on-screen prompts to create a unique PIN. Once registered, you can start using the USSD code for various transactions.

What transactions can I perform using First Bank’s USSD code?

The USSD code allows you to perform a wide range of transactions, including fund transfers, airtime purchases, bill payments, loan requests, balance inquiries, and more. 

Can I use First Bank’s USSD code for international transactions?

Their USSD code is primarily designed for domestic transactions within Nigeria. International transactions, such as transfers to accounts outside the country or purchases in foreign currencies, may require alternative banking channels or services provided by the bank.

Conclusion

Whether you’re a seasoned banker or new to managing your finances, First Bank USSD Banking offers a user-friendly and secure solution. 

Download the First Bank app for an even wider range of features, but keep *894# handy for those times you need to make a quick transfer or check your balance – all without ever leaving your side.  

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Blessing Ukibe
Blessing Ukibe

Medical Student at Nnamdi Azikiwe University|Tech content expert at Silicon Africa Technology|Lover of fun books and fun fun ☺️

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