Today’s guide will help you understand how much you can transfer with your FirstBank mobile app.
So, if you are ready to embark on this journey filled with information, you have to read till the end of this guide.
FirstBank is known as Nigeria’s multinational bank and financial service company that has its headquarters in Lagos.
The bank was established in 1894 and has been West Africa’s premier bank for a very long operational period.
FirstBank provides its customers access to both financial and non-financial services.
With the high infusion of technology into the banking service of FirstBank Nigeria, customers can access their bank accounts and make transactions from any place of their choice.
Today, it is not mandatory to visit the nearest branch of FirstBank and join long queues to get your transactions performed.
You can stay at the comfort of your home, with or without internet access, and transfer money to any bank in Nigeria.
Note that it is not only money transfer that customers can perform with the FirstBank Nigeria mobile app.
Customers enrolled on the app can request new debit cards, manage their cards, dashboard view, buy airtime, pay bills, and many other features all in one app.
But the focus of this article is to guide you through the amount of money you can transfer with your FirstBank mobile app.
So, if you are ready to dive deep for some detailed information on FirstBank and its transfers, then let’s proceed with the discussion for more vital information.
What Is FirstBank Mobile Banking App
FirstBank mobile app is a mobile banking application launched by FirstBank Nigeria Limited.
The FirstBank mobile app comes to enhance the mobile banking service of the financial institution.
Since the bank was allowing banking with USSD code and WhatsApp chat, it was needed to launch a mobile application that can help perform all financial and non-financial transactions over an internet connection.
What makes you eligible in the first place is to open an account with FirstBank and hold a Verve and Naira MasterCard.
Then, you can go ahead and get the app, register, and have access to your FirstBank account without visiting the nearest FirstBank branch.
On Which Devices Does The App Work
The FirstBank app is made specifically for mobile devices such as android and ios smartphones.
The app perfectly works on android and ios smartphones. So, if you own a smartphone, you have a great opportunity to use the “FirstMobile” app for your transactions.
How Much Can I Transfer With My FirstBank Mobile App
The FirstBank mobile app is a secured, fast and safe way to transfer money to friends, families, and business partners.
The app allows you to access your account from your comfort zone without visiting a nearby branch of FirstBank.
When registering on this service, you can transfer up to N1 million per day with your account.
There is a higher possibility that your limit can be increased when you contact FirstBank for the limit upgrade.
How Much Does It Cost To Transfer Money With The Mobile App
If you’re transferring money to friends, families, and business partners who are also FirstBank account holders, then you will not be charged a fee for the transfer.
But when you are transferring money to a different bank in Nigeria, there are charges on transfers.
The charges differ depending on the amount you intend to transfer according to FIP charges.
The FIP charges state that all money transfers made to different banks must pay a fee for a successful transaction.
These FIP charges include; N0 – N5,000 transfers – N10.75, N5,001 – N50,000 transfers – N26.88, and any amount above N50,000 is charged N53.75.
Can I Transfer Money To An International Bank Account With The App
No, the FirstBank mobile app “FirstMobile” allows money transfers to FirstBank accounts and any other bank account in Nigeria only.
Note that international bank accounts cannot receive funds from your FirstBank mobile app account.
This is where we would like to end our discussion, and we hope the information shared so far will help inform you about the amount you can transfer with your FirstBank mobile app.