How to Transfer Money From Stanbic IBTC Bank (2024 Updates)

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Welcome to a time when you can do any kind of business transaction on your smartphone or other mobile devices. You do not need to be trapped in the long queue in the banking hall before you can transfer your money.

In this blog post, you will learn how to transfer money from Stanbic IBTC bank account to another account.

Both Intra and inter-bank transfers.

About Stanbic IBTC Bank

Stanbic IBTC Bank is a commercial banking corporation founded in 1989. That is, it has been in operation for almost 34 years.

stanbic logo

There are various branches of Stanbic IBTC Bank across Nigeria, with its headquarters in Victoria Island, Lagos.

The bank is one of the leading investment banking franchises in and for Nigeria.

Furthermore, it is known for delivering world-class solutions and outstanding client service.

The national scale long-term issuer rating upgrade was issued to Stanbic IBTC Bank PLC from AA+(NG) to AAA(NG).

This was issued by the credit rating agency Global Credit Ratings (GCR).

Hence, the upgrade made Stanbic IBTC Bank the only financial institution in Nigeria with this rating.

Stanbic IBTC offers its clients innovative corporate finance, capital markets, and debt arranging solutions.

Some of the services offered by Stanbic bank are personal, business, and commercial banking products.

Also, it offers current, savings, domiciliary accounts, vehicle and asset finance, and small and medium scale enterprise (SME) loans, among others.

The bank achieves this through branches across  Nigeria and its online banking platforms.

Ways of Transferring Money From Stanbic IBTC Bank

There are various ways by which you can transfer your funds from one Stanbic IBTC account to another.

Also, you can transfer to other banks as well.

Those channels of transferring funds are;

  • USSD Code
  • Internet banking
  • Mobile App.

How To Transfer Money From Stanbic IBTC Bank Using USSD Code

With just a click, you can transfer your money using the Stanbic IBTC Bank USSD code.

The USSD code of Stanbic IBTC Banks is *909#

You can use this code on any phone.

That is, you do not require an internet connection before you can transfer your funds.

Also, you must be an account holder, and you must register for USSD Banking.

To register for the USSD banking code, dial *909*11*1# to create or change your PIN with your registered phone number with the bank.

After meeting all these criteria, you can follow these steps to transfer via the use of USSD:

Step 1: Dial *909#

Step 2: Enter 1 for My Bank.

Step 3: Input 4 for Transfer.

Step 4: Enter the Amount you wish to transfer.

Step 5: Then select the beneficiary’s bank

Step 6: Type the recipient’s Account Number.

Step 7: Confirm Details by inputting your 909 transfer PIN.

Step 8: Ultimately, you will receive sms notification for the successful or failed transaction.

Alternatively, you can use the direct code method.

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To Transfer Money To Another Stanbic IBTC Account

Just dial *909*11*AMOUNT*ACCOUNT NUMBER#.

To Transfer Money To Other Banks In Nigeria (non-Stanbic IBTC account holders)

If you want to send money to other banks, dial *909*22*AMOUNT*ACCOUNT NUMBER# to credit the receiver.

Then, select the recipient’s bank from the list you see.

Enter your Mobile Banking PIN or the last four digits on your ATM card to finalize the transfer.

How To Transfer Money From Stanbic IBTC Using Mobile App

How To Transfer Money From Stanbic IBTC Using Mobile App

The Stanbic IBTC mobile App allows you to access your money anytime and anywhere.

To get started, download the Stanbic IBTC mobile app onto your phone from any of the following app stores

Google Play store for Android

iOS App store for Apple devices

Windows Store for Windows mobile phones

You can then follow the steps below to make your transfer.

Step 1: Sign in to the already downloaded App with your user ID and password.

Step 2:  Then click on transfer.

Step 3: Click on transfer to a beneficiary.

Step 3: Click on “send to a single beneficiary.”

Step 4: Then select the account to be debited.

Step 5: Select the beneficiary.

Step 6: Enter the amount you intend to send.

Step 7: State the purpose of the transfer.

Step 8: Confirm the details before sending the money.

That is it; it is simple.

How To Transfer Money From Stanbic IBTC Using Internet Banking

Stanbic IBTC internet banking is a safe and secure channel to transfer your money.

However, to have the most of it, you must first register or log on to our internet banking.

After that, follow these steps for easy transfer of funds on the go.

Step 1: Login with your user ID and password if you already have one.

If not, you will have to register for internet banking first.

Step 2: Go to the “Transfer” section of the online banking platform.

Step 3: Select the account from which you want to transfer money.

Step 4: Enter the recipient’s account number, bank name, and the amount you wish to transfer.

Step 5: Input your transaction PIN.

Step 6: Review and confirm the transfer details once more to ensure all the details are correct.

Step 7: You will be notified that the transfer was successful.

How to transfer money from other Banks in Nigeria networks

Conclusion

Being able to transfer funds via USSD, Internet banking, and the Mobile App is one of the ways Stanbic IBTC Bank has taken banking to the doorsteps of its customers

We are sure that after reading this post, you will know how to transfer money from Stanbic IBTC Bank without stress.

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