How to transfer money with bvn first bank?
For First Bank Nigeria, you can transfer money using your BVN (Bank Verification Number) through these methods:USSD Transfer:1. Dial 894# from your registered phone number2. Select "Transfer"3. Choose "To Other Banks" or "To FirstBank"4. Enter recipient account number5. Enter amount and confirmFirstMobile App:*1. Log into the FirstMobile app2. Select "Transfer"3. Choose transfer type4. Enter recipient details5. Authenticate with your PINYour BVN is automatically linked to your account for security, but you don't actually enter your BVN for each transfer. The BVN helps verify your identity during account opening and for large transactions. For daily transfers, you'll use your mobile banking PIN or token authentication.
Important clarification: You don't actually use your BVN to transfer money - your BVN is for verification and security purposes. Here's the complete process for First Bank transfers:For transfers up to ₦500,000: Use USSD (894#) or FirstMobile app with your transaction PINFor larger transfers: You might need hardware token or mobile token authentication Your BVN helps verify your identity for these security upgradesAlso, ensure your BVN details match your account details exactly. If there's a mismatch, you might face transfer limits or restrictions. You can update BVN information at any First Bank branch. The daily transfer limit is typically ₦1,000,000 for individual accounts, but this can vary based on your account type and transaction history.