Saturday 16 May 2015

Gtbank Launches Mobile Phone Money Transfer - First Of Its Kind! - Business

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For the first time in Nigeria, individuals and GTB customers can send instant money transfers directly from their mobile phone , irrespective of their status or phone type.

GTBank has launched another first of its kind mobile channel through which GTBank customers can conveniently perform third party transfers to both GTBank and other bank account holders in Nigeria, via their mobile phones, by simply dialling the USSD short code *737 with details of the amount and account number (NUBAN) of the beneficiary.




The *737* transfer service is a novel offering pioneered by GTBank in the Nigerian Financial Industry, that is safe, simple and convenient. To initiate transfers to a GTBank account, simply dial *737*1*Amount*NUBAN Account No# e.g. *737*1*1000*1234567890#

The 737 transfer service has been introduced to build on the success of the Bank’s One Click Top –upservice; which offers GTBank customers an efficient and easy way to buy airtime on their mobile phones directly from their GTBank account by simply dialing a short USSD code (*737*AMOUNT#).

According to Mr. Segun Agbaje, Managing Director/CEO of the Bank, “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”.

The *737* Transfer service is only available to GTBank customers via their mobile phone numbers registered with the Bank and has minimum transfer limit of N1,000 and a daily transfer limit of N20,000.

Guaranty Trust Bank plc was established in 1990 and has within the last 25 years come to be recognized as one of the most profitable, innovative, service focused and well managed banks in the Nigerian financial market space.


The Bank has a record of “Industry First” innovations such as “GTBank Mobile App”, a mobile application that merges internet banking and mobile money service offerings to allow customers enjoy more flexible banking such as Check account balance, Transfer Funds to family and friends, Stop and confirm cheques, Bill payments, FX transfers, Flight Bookings, Airtime Recharge, Online Shopping and Purchase cinema tickets.

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