What Is the Transfer Limit for FirstBank Mobile App?

Denise Wilkinson

Are you wondering what the transfer limit for FirstBank Mobile App is? If so, you’ve come to the right place.

FirstBank is one of the largest banks in Nigeria, offering a wide range of financial services to its customers. One of these services is their mobile app, which allows users to perform various banking transactions on-the-go. In this article, we’ll be discussing what the transfer limit for FirstBank Mobile App is.

What Is FirstBank Mobile App?

FirstBank Mobile App is a mobile application that allows users to perform various banking transactions from their smartphones or tablets. The app is available for both Android and iOS devices and can be downloaded from the Google Play Store or Apple App Store, respectively. With the app, users can perform transactions such as fund transfers, bill payments, airtime recharge and more.

What Is Transfer Limit?

Transfer limit refers to the maximum amount of money that a user can transfer through a banking channel within a specified period. This limit varies depending on the bank and the type of account held by the user.

What Is The Transfer Limit for FirstBank Mobile App?

The transfer limit for FirstBank Mobile App depends on several factors such as account type, transaction history and more. However, there are certain limits set by the bank that apply to all users regardless of their account type or transaction history.

The daily transfer limit for FirstBank Mobile App is N1 million for individual accounts and N10 million for corporate accounts. This means that users with individual accounts can transfer up to N1 million per day while those with corporate accounts can transfer up to N10 million per day.

It’s important to note that these limits apply only to transfers made through FirstBank Mobile App. If you need to make larger transfers than these limits allow, you’ll need to use other channels such as internet banking or visit your nearest FirstBank branch.

How To Increase Your Transfer Limit

If you need to make transfers that exceed the daily limit set by FirstBank, you can request for a higher transfer limit. To do this, you’ll need to visit your nearest FirstBank branch and speak to a customer service representative.

The customer service representative will evaluate your request based on factors such as your account type, transaction history and more. If your request is approved, your transfer limit will be increased accordingly.

Conclusion

In conclusion, the transfer limit for FirstBank Mobile App varies depending on several factors such as account type and transaction history. However, the daily transfer limit for individual accounts is N1 million while that for corporate accounts is N10 million. If you need to make larger transfers than these limits allow, you can request for a higher transfer limit by visiting your nearest FirstBank branch and speaking to a customer service representative.