How to Increase Gtbank app transfer limit
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How to Increase Gtbank app transfer limit
Read my post on how to increase GTbank app transfer limit.
This is the most important question that gtbank Mobile Banking users ask. It allows them to determine the maximum transfer limit on their mobile app.
Since the introduction of mobile banking in 2010, I have been using the Gtbank app on my mobile phone. This post will show you how to increase your transfer limit.
Gtbank mobile app transfer limit
Gtbank mobile app transfer limit: two million Nigerian naira This N2M is for a savings account. The current account can only be transferred using the Gtbank mobile app.
The gtbank mobile application transfer limit was previously set at N1M for savings accounts and N3M for current accounts.
The bank raised the savings account limit to N2M and the current account limit at N5M in late 2019. However, I am not sure if the current account limit has been increased to N10M as was rumoured.
If you are not satisfied with the transfer limit, you can raise it. We now know how to increase your transfer limit in the GTB app.
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How to increase the GTB app transfer limit
You can transfer as much as five million naira to gtbank online banking. Gtbank internet banking or online banking allows you to transfer N5M from savings accounts.
The hardware token is the reason internet banking has such a high transfer limit. Because the hardware token is trusted and better secured, one can transfer as much as five million naira per day using it.
You will need to visit any gtbank near you to increase the GTB mobile app transfer limit. Talk to any customer service representative by going to the customer support section.
You can request to increase your transfer limit via the GTB app. You will receive a form that you need to complete. It will ask you to specify the amount you wish to increase your maximum transfer to the GTB mobile app.
It will however exceed the Gtbank daily limit for transfers. As I mentioned, the transfer limit for the current account is higher than that of the savings account. Ask the customer service representative about the bank’s daily transfer limit to find out the amount that you will be writing on the form.
Once you are done filling out the form, please return it to the customer service representative so that they can begin processing your request. The process should take no more than three minutes and the customer service representative will usually complete it right in front of your eyes.
Gtbank has increased the transfer limit via their ATM to five million naira, as of 2021. You may not like this because it forces you to leave your comfort zone in order to make a transfer.
I get really pissed when bank customers wait in line for money transfer while they can do it with their phones.
Perhaps the limit on gtbank’s mobile app transfers is too high and people decide to use an atm. What I am trying to convey is that you can transfer up five million naira to your gtbank savings accounts through the ATM.
I prefer internet banking, however, because it has the same transfer limit and I don’t have to travel outside to find the closest gtbank or ATM.
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I will repeat that again: To increase the transfer limit in the GTB app, contact the bank and ask for the increase. You can then proceed, but it will not exceed five million Nigerian naira.
You can transfer five million Nigerian naira using the gtbank mobile application. However, they will usually tell you it is two million naira unless your current account is upgraded from savings.
Comparing with gtbank *737# gtbank mobile app transfer limit
You can see why you need an internet banking or mobile banking when you compare the limit of the gtbank app transfer limit with the limit of the *737# ussd transfer.
The lowest transfer limit is available for the ussd via the Gtbank web banking, mobile banking app, and the *737# ussd number.
Gtbank *737# ussd codes transfer limit is only two hundred thousand Nigerian naira per day. It is worth noting that if you do not have an ATM, the daily limit will be twenty thousand Naira.
It is way too low compared to internet banking and mobile banking apps.
You will need a hardware token to increase the gtbank *737# USSD code limit. It cost N3k the last time I asked, but I don’t have any current information about its price. You can use the *737# ussd number to transfer as much as one million naira through the hardware token.
Even so, the gtbank app transfer limit for mobile is much better. You can also request your account statement via the Gtbank mobile app.
This is the limit for mobile transfer to gtbank, and I’m repeating it again: It is two million Nigerian naira.
Going to the bank is the best way to transfer money. This is money transfer that takes place inside the bank. It is safer than any other method.
You can also choose to transfer all of your money to another account. Due to the fact that you are physically present at the bank, the maximum transfer you can make using the bank transfer method is limited. gtbank mobile app transfer limit.
Read my post on how to request for GTbank statement of account
What is the transfer fee for GTBank?
This is how gtbank charges for transfer via internet banking, mobile banking app or the *737# USSD code
Gtbank will charge N10 to make a money transfer less than five thousand naira. There is also a vat fee of N0.75 kb, which amounts to N10.75.
Transfers of five thousand to ten thousands naira will incur a transfer fee of N25.
Finally, if you send money above ten thousand naira, you will be charged N50 transfer fee. These are the transfer fees that I have seen when using my account to transfer money.
The bank reduced the transfer fees to N15 for amounts above N10k, and removed N5k from below during the lockdown. They have restored everything to its original state since the beginning of November 2020.
That’s all I can tell you about the gtbank mobile application transfer limit. For more information or guidance, I recommend that you contact the bank. Despite the fact that gtbank online customer support is slow, they can help.
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