Due to the advancement of technology, banking has become more accessible across the world, and Nigeria is not left out in this paradigm shift.
Even without the internet, it has been possible to open a bank account by just texting a specified code on your mobile phone, and all the necessary information is supplied.
As the subject states, the attention will be on Zenith Bank, which has emerged as one of the top banks in Nigeria.
This process is referred to as USSD banking, whereby you can even open with your Bank Verification Number (BVN). This makes it easy to encourage anyone to have an account, thereby encouraging a saving culture. But there will be a need for verification of your BVN before you can withdraw the sum.
To begin registering with Zenith Bank, dial *966# on your phone and follow the prompts that will display on your device.
After registering your account, you can start enjoying the Zenith Mobile banking service referred to as Eazy Banking.
All you need to know about Zenith USSD banking
Having explained how you can register with Zenith Bank on your phone, the next thing you need to know is what USSD banking entails. I will be analyzing all you need to know about it, without a visit to the bank or the need for a service of an agent in completing the process.
How do you begin the process referred to as Eazy Banking by Zenith? All you need is to dial *966# on your phone, and you are on the way to experience a convenient, fast, secure, and affordable banking system.
With the same code, you can access your Zenith bank account 24 hours a day, seven days a week, through your mobile phone without internet data. So, as it stands, you can enjoy this mobile banking service with any phone that runs on the GSM platform.
Note that you must have airtime on your phone as you will be charged N6 for each transaction. All 15 retail accounts are eligible except domiciliary, ZECA, and Premium (Gold and Platinum) accounts.
After each transaction, you receive an alert notifying you of what transpired in your account.
One of the conditions attached to this initiative is that your BVN must have been verified, and your ATM card has been collected in one of the branches.
To start, follow the process:
- Dial *966*00# with your AlertZ number
- You will be prompted to enter the last four digits of your Debit (ATM) card number.
- The next page will display your Account Name, and you will be prompted to create a four-digit PIN
- Confirm the four-digit PIN
- If successful, you will get a message, “ Retrieving your balance. “
- You will receive an SMS with the balances on all your accounts
I know you will be wondering about the security of this idea because of hackers. Not to worry, the Zenith *966# EazyBanking is secure as it requires registration and PIN authentication on all your banking transactions. Thus, you are not advised to share your pin details with another person.
Due to the COVID-19 pandemic, the number of people in the banks has drastically reduced. The number of people that can be in the banking hall at a time is also reduced. This should not get you worried about transferring a large sum with USSD banking.
The cumulative transfer limit is N100,000 (One hundred thousand Naira) daily, while the cumulative transaction limit on airtime top-up is N3,000.00 (Three thousand Naira) daily.
Thus, taking advantage of this less stressful initiative will go a long way in saving you the stress of queuing, wasting your productive hours in the banking hall, all in the name of a bank transaction. The only time you are expected is when there is a need for a new card, which is a prerequisite to using the platform.
Once all the guidelines are followed, you are not expected to have any issue with your account that will warrant you visiting the banking to join the queue of those who want to see a customer care official.
I guess this has been able to throw more light into how you can effectively bank with Zenith Bank while your money is safe and secured? So, enjoy the initiative, which comes free of charge and no other hidden charges.