GTBank, also known as Guaranty Trust Bank, is one of the leading commercial banks in Africa with a strong presence in Nigeria. The bank was founded in January 1990 and commence operation in February 1991. GTB is known for its innovative approach and has won numerous awards for its digital banking services and overall excellence.
GTBank offer a wide range of services, including retail banking, corporate banking, investment banking, and online/mobile banking. GTBank is known for its user-friendly mobile app, GTWorld, which allows you to manage your finances, make money transfers, and pay bills conveniently.
The bank has been recognized as the best bank in Nigeria and Africa on multiple occasions. In addition, GTB is well-established and respected financial institution, particularly strong in digital banking solutions.
However, transferring money from GTBANK to other Banks in Nigeria is easy and can be done online without any hassles. Guaranty Trust Bank (GTBank) offers several convenient ways to transfer money online to accounts held by other Nigerian banks. In this article, I will walk you through the processes of sending money from GTB to other online banks in Nigeria.
How to Send Money from GTB to other Banks Online
There are two ways to transfer money from your GTBank Account to other bank account in Nigeria. They are; via GTWorld Mobile App and GT E-banking.
Transfer Money via GTWorld Mobile App
Follow these steps to easily transfer money to other banks in Nigeria:
- Login to your GTWorld Mobile App using your unique user ID and password.
- Tap on "Transfer" on your homepage dashboard.
- Enter Recipient Account Number
- Enter Recipient Bank
- Confirm the Bank Name and Account Name
- Enter Amount
- Input your GTBank Account Transaction PIN
- Tap on "Send"
Transfer Money via GT E-banking
You can also send money from your GTB to other Banks online via GT E-banking. Here's how:
- Login to GT E-banking online portal using your account number, user ID and password.
- You may receive an OTP code via email. Confirm the code to login successfully.
- In your e-banking dashboard, tap on "Send"
- Enter Recipient Account Number, Bank and Amount you wish to transfer.
- Enter your E-banking transaction PIN
- Confirm your order and tap on "SEND."
By following these two methods described above, you will successfully transfer/send money from your GTBank Account to any Bank Accounts online in Nigeria.
What you should know
While sending money from your GTB to other Banks, ensure you have the recipient's correct account details to avoid transfer errors. It's also important to take note of GTB's daily transfer limits. This is applicable to all transactions, so check with GTBank App for current restrictions.
Furthermore, interbank transfers typically incur a transaction fee. You'll be notified of the charges before confirming the transfer. It's also important to let you know that these highlighted above methods enable instant transfers within Nigeria, crediting the beneficiary's account in real-time upon successful completion.
What is the Transfer Limit for GTB Mobile Banking?
The GTBank mobile banking has a daily transfer limit of 1,000,000 per transaction, and 5,000,000 daily. To increase these limits, you will have to activate e-token key in bank branch.
However, to check your GTB Account Limits, login to your Mobile banking app and tap on "Transfer" to see how much that's remaining for you to transfer for that day. Through that, you can easily know your daily transfer limit.
Furthermore, it's important to let you know that GT E-banking is limitless because it usually requires a token to activate it. If you're not a business man or woman, an online banking might not be open for you. In other words, people operating GT E-banking portal are mostly businesses that have active token on their bank account.
While the exact transfer limit for GTBank mobile banking may vary depending on your account type and other security protocols, several resources can help you determine your limit. Explore the GTBank website, check the GTWorld app settings, or contact their customer service team for the most up-to-date information on your account's transfer capabilities. This will ensure a smooth and successful online money transfer experience.
Conclusion
In a nutshell, transferring money from GTBank to other banks in Nigeria online is a swift and convenient process. With GTBank's user-friendly mobile app (GTWorld), and internet banking platform, you can initiate transfers anytime, anywhere.
However, remember to confirm beneficiary details and be aware of potential transfer limits and fees. By following these steps and leveraging GTBank's online options, you can efficiently manage your finances and send money online seamlessly across Nigerian banks.