As an FCMB account holder, one of the easiest ways to transfer money to other Nigerian bank accounts is by using the FCMB mobile app.

But if you are unable to use the FCMB app to send money to banks like GTBank, Ecobank, Access Bank, Zenith Bank and so on. Don’t worry!

In this post, you will learn:

• A detailed, easy-to-follow guide on how to send money from FCMB to other Nigerian banks.
• Understanding FCMB transfer limits based on your account tier.
• How to troubleshoot common transfer issues.
• Security tips to keep your transactions safe.
• Alternative methods if the app isn’t working for you.

How to Transfer Money from FCMB App to Other Banks in Nigeria

Here are the six steps to send money on FCMB app to other bank accounts:

1. Open the FCMB App:

Launch the app on your smartphone (Android or iPhone) and log in using your username and password.

2. Go to the Transfer Section:

Tap the “Transfer” button, located at the bottom of the app’s dashboard next to the “Loans” icon.

3. Select Other Banks:

Under the transfer section, tap the option for transferring to other banks.

4. Enter the Receiver’s Bank Account Details:

In this step, you must enter the recipient’s account number and bank name.

First, input the recipient’s 10-digit account number in the box provided.

Then, select the bank name from the list of banks in Nigeria.

This can be GTBank, Zenith Bank, Opay or any bank in Nigeria.

5. Enter the Amount:

Specify how much you want to transfer to the recipient account number.

Remember, you cannot send cash beyond your account’s transaction limit, which depends on your account tier.

6. Send the Money:

Review the transaction details. If everything is correct, confirm and send the money. The recipient should receive it instantly.

But if you detect an error. This can be the account number or amount. Go back and change it before transferring the money.

With this, you avoid sending money from your FCMB account to the wrong account number in Nigeria.

Read: How to Transfer Money on FCMB App to FCMB Account

Transfer Limits on FCMB App

The amount of money you can transfer using the FCMB mobile app depends on the tier of your account. Here’s a breakdown of the limits:

• Tier 1: ₦50,000 per day
• Tier 2: ₦100,000 per day
• Tier 3: ₦5,000,000 per day

Read: How to Increase Transfer Limit on FCMB App

Troubleshooting: Common Issues and How to Fix Them

• Bank Network Instability: Sometimes, network issues between banks can cause delays. If this happens, wait a few minutes and try again. If the issue persists, contact FCMB customer support.
• Incorrect Recipient Details: If you’ve entered the wrong account number or bank, the transaction will fail. Double-check the recipient’s details before confirming the transfer.
• Insufficient Balance: Ensure you have enough funds in your account before attempting a transfer. If your balance is insufficient, the transaction will not go through.
• Pending Transactions: If a transaction gets stuck in a “pending” state, give it some time to process. If the issue isn’t resolved, contact FCMB customer service for assistance.

Tips When Transferring Money Using the FCMB App

• Double-Check Recipient Account Details: Always confirm the recipient’s account number and bank before sending money. Reversing a transaction can be difficult and time-consuming.
• Create a Strong Password: Use a unique and strong 6-digit password for your FCMB app login and never share it with anyone.
• Keep Your Payment PIN Private: Protect your payment PIN, as anyone with this information can make transactions from your account. For added security, enable the “Pay with Fingerprint” feature if available.

Alternatives to Using the FCMB App for Bank Transfers

1. Use the FCMB USSD Code:

The FCMB USSD code is another quick way to send money to other banks in Nigeria. This method involves no Internet connection and works on any phone.

To do this: dial *329*Amount*10-digit account number# to transfer money to another bank account in Nigeria. Alternatively, dial *329# on your phone number and follow the on-screen prompts to send money to any bank account.

Note: The USSD code method incurs a service fee excluding transaction fees.

Read: How to Transfer Money using FCMB USSD Code

2. Visit FCMB Branch:

You can visit any FCMB branch in your area to process a transfer. While agents charge a small fee for this service, it can be useful if you’re offline or unable to access the app.

3. Use Other Bank Mobile Apps:

You can use apps from other banks, such as GTB, Zenith Bank, or First Bank, to send money to an FCMB account or any other bank in Nigeria.

Note that these bank apps also charge a transaction fee to other banks.

FAQs

Summary

FCMB makes transferring money to other banks in Nigeria easy and efficient using its mobile app.

Here’s a recap of the key points:

• How to Transfer Money: Open the FCMB app, go to the “Transfer” section, select “Other Banks“, enter the recipient’s details and amount, and then confirm the transaction.
• Transfer Limits: The limits depend on your account tier, ranging from ₦50,000 to ₦5,000,000.
• Alternatives: If the app isn’t an option, you can use the FCMB USSD code (*329#), visit an FCMB branch, or use other banking apps in Nigeria.

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