Do you want to know the nitty gritty of transferring money to another Opay account using the Opay app?

This guide will walk you through the process step by step, ensuring a smooth and hassle-free experience.

Here are the four key lessons you’ll learn from this post:

• How to transfer money to another Opay account.
• The requirements needed for a successful transfer.
• Tips to avoid common transfer errors.
• Solutions to troubleshoot potential issues.

Requirements: Transfer to Another Opay Account

• Opay App: Make sure you have the Opay app installed on your smartphone. The app is available for both Android and iPhone users.
• Opay Account Number: You will need the recipient’s 10-digit Opay account number. Confirm the number matches the receiver’s name during the transfer process to avoid sending money to the wrong account.
• Funded Opay Account: Your Opay account must have sufficient funds to make the transfer. Fund your Opay account through various methods:
  • Debit Card Transfer
  • Bank Transfer (USSD codes or mobile banking apps)
  • Opay Account to Opay Account Transfer
• Internet Connection: Ensure your smartphone is connected to the internet, either via mobile data (MTN, Glo, Airtel, 9mobile network) or WiFi. A stable internet connection is essential for the transfer process. If not use the Opay USSD code to transfer money to another Opay account.

How to Transfer Money to Another Opay Account on Opay App

Here are five simple steps to send money from Opay app to another another Opay account:

Step 1: Launch Opay App on your Smartphone:

Open the Opay app on your Android or iPhone device. Log in with your password or biometric details to access your dashboard.

Step 2:  Go to Transfer to Opay Account Section:

On the dashboard, tap on the “To Opay” button located on the left side of the screen, next to the “To Bank” icon. This option allows you to transfer money from your Opay account to another Opay account.

Step 3: Enter Opay Account Number:

Input the recipient’s 10-digit Opay account number in the field labeled “Recipient Account”. Double-check the account number to ensure it is correct.

Step 4: Enter Transfer Amount:

Enter the amount of money you wish to transfer to the Opay account. Keep in mind that you cannot transfer more than your Opay account tier’s transaction limit.

Step 5: Transfer Money to Opay Account:

Review the transaction details, including the recipient’s account number and the transfer amount.

If everything is accurate, confirm the transaction to send the money. The recipient should receive the funds instantly.

No transfer charges for sending money to another Opay account

Read: How to Send Money from Opay App to Another Bank Account

Transfer Limits on Opay App

One of the thing to be aware of when sending money on Opay is your Opay account tier limit: Below are these transaction limits:

• Tier 1: ₦50,000 (maximum transfer limit)
• Tier 2: ₦200,000 (maximum transfer limit)
• Tier 3: ₦5,000,000 (maximum transfer limit)

If you do not know your Opay account tier, here is how to check it:

• Go on the profile section. Tap the “Me” icon at bottom right of the app
• Select Account Limits option
• Scroll to view your Opay account tier and transaction limit. It is marked as “current“

Benefits: Transfer Money to Another Opay Account

Here are three key benefits of sending money to another Opay account:

1. No Transfer Fees:  

Unlike transfers to bank accounts, which often incur a fee of at least ₦10, transferring money from one Opay account to another is completely free.

2. Instant Transfers:

Opay-to-Opay transfers are typically faster than interbank transfers. Bank transfers may experience delays due to network issues, but Opay transfers happen instantly.

3. Reliable Network:

Opay’s network is generally more stable when transferring money within the platform, reducing the chances of failed or delayed transactions caused by bad bank networks.

Tips for Transferring Money on Opay App

• Confirm Recipient’s Account Details: Always verify the recipient’s Opay account number and name before sending money. Mistakes can be difficult to reverse, and correcting them may take time.
• Secure Your Opay Password: Your 6-digit Opay password should remain private. Never share it with anyone, as it grants access to your Opay account.
• Protect Your Payment PIN: Your payment PIN is required for all transactions. To enhance security, enable the Opay Pay with Fingerprint feature in the app settings. This ensures that only you can authorize payments using your fingerprint.

Alternatives to Transferring Money to Opay Account

1. Opay USSD Code:

You can transfer money using the Opay USSD code without needing an internet connection. Simply dial *955*1*Amount*10-digit Opay account number# from your phone.

Note that this method incurs a ₦10 service fee from your mobile network in Nigeria.

Read: Opay USSD Code to Transfer Money to Opay Account

2. Visit Opay Agents: 

You can also visit an Opay agent near you to facilitate a money transfer. Agents typically charge a small fee for this service, which varies depending on the amount being transferred.

3. Third-Party Mobile Banking Apps:  

   Many bank mobile apps, such as GTBank and Zenith Bank, allow you to send money directly to an Opay account. This method typically involves a transfer fee.

FAQs

Summary

Transferring money from the Opay app to another Opay account offers enormous benefits. You get fee-free transactions, instant transfers and no usual bank network issues.

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