Have you been looking for the USSD code for Polaris Bank money transfer code? We got you. Formerly Skye Bank, CBN revoke its license and all assets and liabilities were taken over by Polaris Bank Limited. As it is now, all banks formerly known as Skye Bank in Nigeria are now referred to as Polaris Bank. The name may take some time to sink in for customers of this bank but with time, people will get used to it.
As reported by Punch Newspaper, CBN Governor, Godwin Emefiele was quoted on the new development. He said:
Skye Bank requires urgent recapitalization as it can no longer continue to live on borrowed times with indefinite liquidity support from the CBN.
We have decided to establish a bridge bank, Polaris Bank, to assume the assets and liabilities of Skye Bank.
The strategy is for AMCON to capitalise the bridge bank and begin the process of sourcing investors to buy out AMCON. By this decision, the licence of Skye Bank is hereby revoked.
Just to let you know, all bank activities are running perfectly and customers can still visit to make transactions. This article will shed more light on Polaris Bank money transfer code.
Benefits of Polaris Bank Money Transfer Code
Polaris Bank USSD code makes it easy to perform any transaction via SMS or USSD right from the comfort of your home or anywhere. The bank, formerly Skye Bank is one of the leading commercial banks in Nigeria with over 373 branches in Nigeria; they first began operating in 2006 and the bank has grown since to be one of the best. With Polaris Bank USSD code various transactions can be done such as bills payment, Inter-bank transfer, balance enquiry, airtime recharge, etc.
- 24 hours access to service.
- 500,000 Naira daily transfer limit.
- Instant notification after all transactions.
- Works on any phone.
- No internet connection required
Polaris Bank Money Transfer Code
To use Polaris Bank USSD code, you need to register first with a phone number associated with your bank account. Do not panic, it’s a simple process. Follow the steps below:
- Dial *833# from your phone to get started.
- Follow the on-screen command. Get your PIN and start using Polaris Bank USSD banking.
How to Check Polaris Bank Account Balance on Your Phone
To check your Polaris Bank account balance, dial *833*6#
That’s all, happy banking.