Polaris bank transfer code is known as smart banking code and enables all Polaris bank account holders to perform transactions like sending money from Polaris bank to other banks, buying airtime, paying for bills, checking account balance and other basic Transactions.
Polaris bank limited, which just rebranded from Skye bank to Polaris bank is one of the Nigeria banks with considerable amount of customers across the country and in this detailed guide, I will be showing you all you need to know about the Polaris bank USSD code banking and how to smoothly perform basic transactions with the Polaris bank code.
About Polaris Bank
Polaris bank was established by the central bank of Nigeria (CBN) on September 21, 2018 to offer commercial banking services to the Nigeria public. The bank commenced it’s services on the same day, having purchased the assets and assumed certain of the liabilities of the defunct Skye bank.
According to the documentation found on the Polaris bank about page, the bank have over 350 branches across the country. The bank pride itself in delivering exceptional customer experience, leveraging best in class/state of the art information communication technology (ICT). By focusing on ICT solutions across multiple service delivery channels (mobile banking, ATMs, POS and online platforms).
What Is Polaris Bank Transfer Code
Polaris bank code being referred to as Polaris smart code is is special USSD code that all Polaris bank account holders can use to complete basic transactions on their mobile phone without having to visit the bank nearest branch or searching for a nearby ATM machine.
The Polaris smart code has made banking easier for all Polaris Account holders and with the code, all Polaris bank account holders can transfer money from their bank account to another bank, buy airtime for their self and others, pay utility bills, check their account balance and lots more.
However, before you can start using the Polaris USSD code banking channel, you will register your sim card for the Polaris bank code and activate it for prior transactions. Don’t worry, I am going to give you the detailed instructions on how to register for the Polaris bank transfer code and activate your sim.
Why Do I Need Polaris Bank Code
There are lots of benefits of using the Polaris USSD code banking as it makes transactions seamlessly easy and allows you to initiate transactions at any point in time even on non-smart phones.
Below are the basic benefits and features of the Polaris bank USSD code:
- It’s simple to use.
- It makes transactions easier and faster.
- It prevents you from the frequent needs of visiting your bank branch.
- The USSD banking is always available regardless of either day or night.
- You can transfer money from Polaris bank to other banks without ATM card.
- You can pay for your bills and buy airtime for yourself and others at the comfort of anywhere you might be
- You will be able to check your account balance and as well as your statement of account without internet connection.
How To Register For Polaris Bank Transfer Code
As it has been stated in the earlier part of this guide that will need to activate your sim card for the Polaris bank code before you can start using it for transactions, I will be giving you the detailed information on how to register for the Polaris bank transfer code and how to activate it.
To register for the Polaris *833# smart banking, simply dial *833# from the Sim card registered with your Polaris bank account, reply with 6 to check your account balance, you will see a prompt asking for your account number, enter your account number.
You will be asked to create a four digits PIN, enter a unique four digits PIN that you will be able to remember at anytime as you will need to authenticate every transactions with the four digits PIN. Your account balance will be displayed to you and at this point, you have successfully registered for the Polaris bank USSD code banking and your phone number has been activated for the service.
How To Transfer Money From Polaris Bank To Other Banks
You can easily send money from your Polaris bank account to other banks in Nigeria with the Polaris bank code in just few seconds and in this section, I will be showing you how to do that in two different ways.
To Transfer Money From Polaris bank to other banks, simply dial *833# and enter 3 to select transfer. You can also dial *833*3# directly. Select the account to debit and enter the recipient account number, confirm the account name, enter the amount you want to transfer and authenticate the transaction by entering your four digits PIN.
USSD Code To Send Money From Polaris Bank To Other Banks
As I have promised to show you how to send funds with the Polaris bank code in two different ways, the above instructions is the first way with which you can transfer funds from Polaris bank to other banks and here is the second way.
To send funds from Polaris bank to other banks, simply dial *833*amount*recipient account number#, select the bank you want to send the fund to and verify the account name. Select the account you want to transfer from and enter your four digits transfer PIN to authenticate the transfer.
To transfer money from Polaris to Polaris, simply follow the same instructions above and the transaction will be completed within few seconds.
Charges On Polaris Bank Smart Code Transactions
While you can understand fully how the Polaris bank transfer code works, you should note that there are charges attached to some of your transactions on the Polaris *833# smart banking and in this section, I have decided to outlined the transactions that attract charges and their equivalent charges.
I. Balance enquiry attract a charges of N10.50
II. Transfer to other banks attract a charges of N52.50.
III. For transfer to Polaris bank, charges of N10.50 is involved.
IV. Bill payments (PHCN, DSTV) attract a charges of N105.
V. Bill payments (LCC) attract a charges of N52.50.
Note that the charges will not be deducted from your bank account, but by your network providers and you have to make sure the equivalent amount for each charges is available on your airtime balance before you initiate any of the transaction listed above.
How To Buy Airtime From Polaris Bank With The Polaris Bank*833# Smart Code
To buy airtime for yourself with the Polaris bank transfer code, simply dial *833*amount#, for example, if you want to buy two hundred Naira airtime for yourself, simply dial *833*200# from the Sim card registered with your Polaris bank account and the airtime will be sent to you immediately.
To buy airtime for family and friends (others), simply dial *833*amount*phone number#, for example, if you want to buy two hundred Naira airtime for someone else and the person phone number is 08009876543, simply dial *833*200*08009876543# from the Sim card registered with your Polaris bank account, select account to debit, select network, enter your four digits PIN and the airtime will be sent to the recipient immediately.
You can also dial *833#, select 8 on the next menu for airtime top-up and click on send. Enter 2 to select third party, select the account to debit, select the receiver’s network, enter the receiver’s phone number, and the amount and complete the transaction by entering the four digits PIN to authenticate the transaction.
How To Check Your Polaris Bank Account Balance With *833# Smart Code
To Check your Polaris bank account balance, simply dial *833# and reply with 6 on the next screen to select account balance enquiry, input your account number and you will see a prompt to authenticate the transaction, enter your four digits transfer PIN and your account balance will be displayed to you.
How To Pay Bills With Polaris Bank USSD Code
As it has been stated in the earlier part of this guide that you can pay bills with the Polaris *833# smart code, in this section, I will show you in detailed step by step, how to do that just few clicks and after reading the instructions, you with be able to pay for any bill without issues.
To pay bills, simply dial *833*2# and select the account you want to debit, select the biller you intend to pay and follow the prompts. Now, enter the amount you want to pay and enter your four digits transfer PIN to authenticate and complete the transaction.
With the information provided in the detailed guide, you should be able to perform a basic transactions with the Polaris *833# smart banking without any issue and you have any critical issue with your bank, do not forget to always visit your bank nearest branch but as for the basic transactions like money transfer, bill payments, airtime purchase, account enquires, the Polaris bank code has got you covered.
Conclusion: The Polaris transfer code is still been referred to as Skye bank transfer code by the users that are still yet to comprehend the migration process, lol! Everyone will get used to it as times goes on.