How To Transfer Money From Access Bank

Access Bank is a leading financial institution in Nigeria, offering a wide range of banking services to its customers.

One of the most important services that Access Bank provides is the ability to transfer money from one account to another, either within the bank or to other banks.

In this article on comnavihyogo.com, we will discuss how to transfer money from Access Bank, the requirements for making a transfer, and some frequently asked questions.

 

How to Transfer Money from Access Bank

There are different ways to transfer money from Access Bank, depending on your preference and convenience. The following are some of the most popular methods:

 

INTERNET BANKING:

Access Bank offers internet banking services that enable customers to transfer funds from their account to other accounts within the bank and other banks in Nigeria.

To use this service, customers need to log in to their internet banking account, select the transfer option, enter the recipient’s account details and the amount to be transferred, and confirm the transaction.

One of the most convenient ways to transfer money from Access Bank is through internet banking.

In this section of this article, we will discuss how to transfer money from Access Bank using internet banking and answer some frequently asked questions.

 

What is Internet Banking?

Internet banking is a service that allows customers to perform various banking transactions using their internet-connected devices such as computers, tablets, or smartphones.

With internet banking, customers can access their accounts, view account balances, pay bills, transfer funds, and more.

 

How to Transfer Money from Access Bank using Internet Banking

To transfer money from Access Bank using internet banking, follow these simple steps:

• Log in to your Access Bank internet banking account using your username and password.
• Click on the “Transfers” tab.
• Select “Transfer to Access Bank” or “Transfer to Other Banks” depending on the recipient’s bank.
• Enter the recipient’s account number.
• Enter the recipient’s bank name (if transferring to another bank).
• Enter the amount you want to transfer.
• Confirm the transaction details.
• Enter your Access Bank Token code or Transaction PIN to confirm the transaction.

A confirmation message will be sent to your email and/or phone number.

 

Requirements for Making a Transfer using Internet Banking

To make a transfer using Access Bank internet banking, customers need to have the following:

1. A valid Access Bank account.
2. An internet-connected device such as a computer, tablet, or smartphone.
3. Access to the internet.
4. The recipient’s account number and bank name (if transferring to another bank).
5. The amount to be transferred.
6. Access Bank internet banking login credentials (username and password).
7. Access Bank Token code or Transaction PIN.

 

Frequently Asked Questions on making transfers using Access Bank internet banking

1. Is there a limit to the amount I can transfer using Access Bank internet banking?

Yes, there is a limit to the amount that can be transferred using Access Bank internet banking. Customers can transfer up to ₦1,000,000 per day.

       2. Is there a fee for using Access Bank internet banking to transfer money?

Yes, Access Bank charges a fee for using internet banking to transfer money. The fee varies depending on the amount being transferred and is deducted from the customer’s account.

         3. How long does it take for a transfer using Access Bank internet banking to be processed?

The processing time for a transfer using Access Bank internet banking is usually within a few seconds to a few minutes. However, the processing time may vary depending on network availability and the recipient’s bank.

           4. What should I do if I make a mistake when entering the recipient’s account number or bank name?

If a mistake is made when entering the recipient’s account number or bank name, the transaction may fail, and the customer’s account will be debited.

Customers should contact Access Bank customer service immediately to report the issue and request a refund.

              5. Can I transfer money to a foreign bank account using Access Bank internet banking?

No, customers cannot transfer money to a foreign bank account using Access Bank internet banking. Access Bank internet banking is only available for transfers to other banks in Nigeria.

 

MOBILE BANKING:

Access Bank also provides mobile banking services that allow customers to transfer funds from their account to other accounts within the bank and other banks in Nigeria.

Here, we will discuss how to transfer money from Access Bank using mobile banking and answer some frequently asked questions on Access Bank Mobile Banking.

 

What is Mobile Banking?

Mobile banking is a service that allows customers to perform various banking transactions using their mobile devices such as smartphones or tablets.

With mobile banking, customers can access their accounts, view account balances, pay bills, transfer funds, and more.

 

How to Transfer Money from Access Bank using Mobile Banking

To transfer money from Access Bank using mobile banking, follow these simple steps:

1. Download and install the Access Bank mobile banking app on your smartphone or tablet.
2. Log in to your mobile banking account using your username and password.
3. Click on the “Transfers” tab.
4. Select “Transfer to Access Bank” or “Transfer to Other Banks” depending on the recipient’s bank.
5. Enter the recipient’s account number.
6. Enter the recipient’s bank name (if transferring to another bank).
7. Enter the amount you want to transfer.
8. Confirm the transaction details.
9. Enter your Access Bank Token code or Transaction PIN to confirm the transaction.
10. A confirmation message will be sent to your email and/or phone number.

 

Requirements for Making a Transfer using Mobile Banking

To make a transfer using Access Bank mobile banking, customers need to have the following:

• A valid Access Bank account.
• A mobile device such as a smartphone or tablet.
• Access to the internet.
• The recipient’s account number and bank name (if transferring to another bank).
• The amount to be transferred.
• Access Bank mobile banking login credentials (username and password).
• Access Bank Token code or Transaction PIN.

 

Frequently Asked Questions on Access Bank Mobile Banking

• Is there a limit to the amount I can transfer using Access Bank mobile banking?

Yes, there is a limit to the amount that can be transferred using Access Bank mobile banking. Customers can transfer up to ₦1,000,000 per day.

• Is there a fee for using Access Bank mobile banking to transfer money?

Yes, Access Bank charges a fee for using mobile banking to transfer money. The fee varies depending on the amount being transferred and is deducted from the customer’s account.

• How long does it take for a transfer using Access Bank mobile banking to be processed?

The processing time for a transfer using Access Bank mobile banking is usually within a few seconds to a few minutes. However, the processing time may vary depending on network availability and the recipient’s bank.

• What should I do if I make a mistake when entering the recipient’s account number or bank name?

If a mistake is made when entering the recipient’s account number or bank name, the transaction may fail, and the customer’s account will be debited.

Customers should contact Access Bank customer service immediately to report the issue and request a refund.

• Can I transfer money to a foreign bank account using Access Bank mobile banking?

No, customers cannot transfer money to a foreign bank account using Access Bank mobile banking. Access Bank mobile banking is only available for transfers to other banks in Nigeria.

 

ACCESS BANK ATM:

Access Bank has a network of ATMs across Nigeria that customers can use to transfer funds from their account to other accounts within the bank and other banks in Nigeria.

To use this service, customers need to insert their ATM card, select the transfer option, enter the recipient’s account details and the amount to be transferred, and confirm the transaction.

 

ACCESS BANK BRANCH:

Customers can also visit any Access Bank branch to transfer funds from their account to other accounts within the bank and other banks in Nigeria.

To use this service, customers need to fill out a transfer form, provide the recipient’s account details and the amount to be transferred, and submit the form to the bank teller.

 

ACCESS BANK USSD

One of the most convenient ways to transfer money from Access Bank is through the use of USSD codes.

Here, we will discuss how to transfer money from Access Bank using Access Bank USSD and answer some frequently asked questions on Access Bank USSD.

 

What is USSD?

USSD stands for Unstructured Supplementary Service Data, a technology that allows customers to perform various banking transactions using their mobile phones without internet access.

USSD codes are short codes that are entered into the mobile phone keypad to initiate a transaction.

 

How to Transfer Money from Access Bank using Access Bank USSD

To transfer money from Access Bank using Access Bank USSD, follow these simple steps:

1. Dial *901# on your mobile phone and press the send button.
2. Select option 2, which is “Transfer”.
3. Enter the recipient’s account number.
4. Select the recipient’s bank.
5. Enter the amount you want to transfer.
6. Enter your Access Bank PIN to confirm the transaction.
7. A confirmation message will be sent to your phone.

 

Requirements for Making a Transfer using Access Bank USSD

To make a transfer using Access Bank USSD, customers need to have the following:

• A valid Access Bank account.
• A mobile phone that supports USSD technology.
• The recipient’s account number and bank name.
• The recipient’s name (optional).
• The amount to be transferred.
• Access Bank USSD code: *901#.

 

Frequently Asked Questions on Access Bank USSD

• Is there a limit to the amount I can transfer using Access Bank USSD?

Yes, there is a limit to the amount that can be transferred using Access Bank USSD. Customers can transfer up to ₦20,000 per transaction and up to ₦100,000 per day.

• Is there a fee for using Access Bank USSD to transfer money?

Yes, Access Bank charges a fee for using USSD to transfer money. The fee varies depending on the amount being transferred and is deducted from the customer’s account.

• How long does it take for a transfer using Access Bank USSD to be processed?

The processing time for a transfer using Access Bank USSD is usually within a few seconds. However, the processing time may vary depending on network availability and the recipient’s bank.

• What should I do if I make a mistake when entering the recipient’s account number or bank name?

If a mistake is made when entering the recipient’s account number or bank name, the transaction will fail, and the customer’s account will be debited.

Customers should contact Access Bank customer service immediately to report the issue and request a refund.

• Can I transfer money to a foreign bank account using Access Bank USSD?

No, customers cannot transfer money to a foreign bank account using Access Bank USSD. Access Bank USSD is only available for transfers to other banks in Nigeria.

 

Requirements for Making a Transfer In Access Bank

To make a transfer from Access Bank, customers need to have the following:

1. A valid Access Bank account.
2. Sufficient funds in the account to be transferred
3. The recipient’s account details, including the account number and bank name
4. The recipient’s name and phone number (optional)

 

Conclusion

Access Bank provides different methods for transferring funds from one account to another, making it convenient for customers to send money within the bank and to other banks in Nigeria.

Internet banking, mobile banking, ATM, and branch services are all available to customers, depending on their preference and convenience.

To make a transfer, customers need to have a valid Access Bank account, sufficient funds, and the recipient’s account details.

Additionally, customers should be aware of transfer limits, processing times, and fees associated with the transfer method they choose.

By following these guidelines and contacting customer service when necessary, customers can easily transfer money from Access Bank to meet their financial needs.

Access Bank website: https://www.accessbankplc.com/

 

Frequently Asked Questions on How To Transfer Money From Access Bank

• What is the maximum amount I can transfer from Access Bank?

Access Bank has different limits for transfers, depending on the transfer method and the customer’s account type.

For example, customers can transfer up to ₦1,000,000 per day using the internet banking platform, while the limit for mobile banking transfers is ₦500,000 per day.

Customers can contact Access Bank customer service for more information on transfer limits.

• How long does it take for a transfer to be processed?

The processing time for a transfer from Access Bank depends on the transfer method and the recipient bank. For transfers within Access Bank, the processing time is usually instant.

For transfers to other banks in Nigeria, the processing time is usually within 24 hours, although it may take longer on weekends and public holidays.

• Is there a fee for transferring money from Access Bank?

Access Bank charges a fee for some transfer methods, such as transfers to other banks in Nigeria.

The fee varies depending on the transfer amount and the transfer method.

Customers can check the Access Bank website or contact customer service for more information on transfer fees.

• Can I transfer money from Access Bank to a foreign bank account?

Yes, Access Bank allows customers to transfer funds from their account to foreign bank accounts.

However, customers need to provide additional information, such as the recipient’s SWIFT code and IBAN number. The processing time for international transfers may also take

longer than domestic transfers, and Access Bank charges a fee for this service.

• What should I do if my transfer fails?

If a transfer from Access Bank fails, customers should contact the bank’s customer service immediately.

The reason for the failed transfer may vary, such as insufficient funds, incorrect account details, or network issues.

Access Bank customer service can provide information on how to resolve the issue and retry the transfer.