In today’s guide, you will learn about how much you can transfer with First Bank Nigeria.
So, we suggest you read this guide all the way through to make sure you understand everything.
The First Bank Nigeria offers many ways to bank, such as online banking, mobile app banking, USSD banking, and banking through WhatsApp.
Each of the above digital banking services has a limit on how much you can transfer and a sign-up process.
To use any of the digital banking services from First Bank, you need to know the transfer limit for each service you have signed up for.
It is very important to know the transfer limit for FirstBank Nigeria so you know how much money you can send at once.
So, if you’re ready to learn more about the First Bank Nigeria’s transfer limit, we’ll go ahead and give you some important information.
HOW MUCH CAN YOU TRANSFER FROM BANK?
The amount of money that can be moved from one bank account to another is the bank transfer limit.
Most of these limits are set by banks, their mobile banking services, and their online banking services. The limits vary from bank to bank.
HOW MUCH CAN YOU SEND FROM FIRST BANK?
There are no limits on what you can do at the FirstBank Nigeria branch.
Unlike using the FirstBank mobile app “FirstMonie,” which only lets you send or receive up to N1 million per day.
Also, FirstBank Nigeria’s USSD banking has a daily limit of N100,000.00 for each transaction.
There is a limit to how much money you can send from an online FirstBank account. Individual bank accounts can only send up to N5 million per day, while business bank accounts can send up to N10 million.
HOW DO I INCREASE THE AMOUNT I CAN TRANSFER EVERY DAY ON THE FIRSTBANK APP?
To increase your daily transfer limit on the FirstBank Nigeria app, take your debit card that is linked to your FirstBank account to the nearest First Bank Nigeria branch.
Go to the bank with your ID and any other proof that you are the rightful owner of the account.
After the bank looks at your request, you may be able to transfer up to N5 million from your account.
HOW MUCH CAN YOU HAVE IN A FIRSTBANK STUDENT ACCOUNT?
N300,000 is the most that can be saved in a FirstBank student savings account.
So, if you want to use or open a student savings account with First Bank Nigeria, make sure you don’t put more than N300,000 in it.
WHO IS ELIGIBLE TO INCREASE THE FIRSTBANK ACCOUNT TRANSFER LIMIT?
Every FirstBank Nigeria customer with an active personal or business account can have their account’s transfer limit raised.
Even though some of FirstBank Nigeria’s digital banking services don’t allow business accounts, this doesn’t mean that businesses won’t be able to use those services and can’t increase the transfer limit for those services.