Nigeria’s GTBank Introduces New “Short Code” Channel for Mobile Money Transfers

Thursday, May 21, 2015

Guaranty Trust Bank Plc (GTBank) said it is applying technology and breakthrough innovation to enable funds transfer on the mobile phone for the first time in Nigeria for the bank’s customers.

In this regard, the bank has launched another first of its kind mobile channel through which its customers can conveniently perform third party transfers to both GTBank and other bank account holders in Nigeria, via their mobile phones, by simply dialing the short code *737* with details of the amount and account number (NUBAN) of the beneficiary.

The *737* transfer service is a novel offering pioneered by GTBank in the Nigerian financial industry, that is safe, simple and convenient. To initiate transfers to a GTBank account, simply dial *737*1*Amount*NUBAN Account No# e.g. *737*1*1000*1234567890#

The 737 transfer service has been introduced to build on the success of the Bank’s One Click Top –upservice, which offers GTBank customers an efficient and easy way to buy airtime on their mobile phones directly from their GTBank account by simply dialing a short code (*737*AMOUNT#).

Source: This Day Live (link opens in a new window)

financial inclusion, mobile finance