Thanks to Guaranty Trust Bank, you no longer need internet connection to carry out mobile banking anymore. This comes as a result of the bank’s recently launched feature for its customers to transfer money using mobile shortcodes.
GTBank customers can perform third party transfers to both GTBank and other bank account holders in Nigeria via their mobile phones by simply dialling the USSD shortcode *737 with details of the amount and account number (NUBAN) of the beneficiary.
i.e. *737*1*amount*account number#.
The *737* transfer service is however only available to GTBank customers, via their mobile phone numbers registered with the bank and has a minimum transfer limit of N1,000 and a daily transfer limit of N20,000.
When a user dials the shortcode, a confirmation dialog pops up, automatically showing the name of the beneficiary of the account number that was entered. To confirm the transaction, the user has to enter the last 4 digits of his/her ATM card number.
Mr. Segun Agbaje, the Managing Director/CEO of the Bank says,
“We will continue to leverage technology to make banking, especially payments and transfers, faster, safer and more convenient for all our customers. He further stated that, “this service addresses the electronic banking requirements of our customers, irrespective of their phone type”.