Find out the easy steps on How To Increase Your GTB Daily Transfer Limit. Also, this article explains what you should know about the daily transfer limit.

Guaranty Trust Bank plc, often known as GTBank, is considered and respected in Nigeria, Africa, and the rest of the globe as one of the largest and leading incorporated banks in the world today.

This prominent bank, which is reputable and expanding, made the wise option to offer a simple banking system in the convenience of their customers’ homes.

As a result of this development, everyone now has access to their accounts and can likely find out their account balance, make cash transfers to the same bank or other banks, recharge directly from their accounts, withdraw cash without going into the bank, and do other things.

People are now being spared the stress of walking down to the bank for cases like transfers.

Also, check out The Richest Banks in Nigeria.

Guaranty Trust Bank formerly had a limit of one million naira (N1,000,000) per day for transfers. However, they have since increased it to two million naira (N5,000,000) per day with a greatly expanded outlook.

To learn how to increase the transfer limit on your GTbank account, read this article.

What you should know about GTB daily transfer limit

A daily transaction on a savings account is now limited to N2,000,000. Therefore, let’s quickly go over some information you should be aware of about the GTBank transfer restriction.

To put it another way, you should not attempt to transfer more than that amount in a single day, as there is no chance that your transaction will be completed. The greatest transfer limit available for current accounts is around N5,000,000.

Hence, current account holders have a benefit over those who have savings accounts. Before 2019, people who have a savings account were only ever permitted to transfer up to N1,000,000.

While those who have a current account were still permitted to transfer up to N3,000,000. However, they were forced to increase the limit starting in 2019. It is now N2,000,000 for saving account holders and N5,000,000 for current account customers.

As a leading bank, Guaranty Trust Bank has expanded its services in terms of offering ways to conduct banking from the comfort of your home.

They have increased their maximum transfer limit from N1,000,00 to N5,00,000, with the exception of USSD code users, who are only allowed to transfer N20,000 per day.

The transfer restrictions for ATM customers, however, are daily restrictions, suggesting that you are only allowed or limited to sending N3,000,000 daily.

A service fee of N1,200 is charged for each cash withdrawal from ATMs outside of Nigeria, while international online transactions are free.

Additionally, as was already mentioned, the daily transfer limit is N5,000,000, the daily withdrawal limit for ATM users is N150,000, and the maximum amount that can be withdrawn from an international ATM is $20.

How To Increase Your GTB Daily Transfer Limit

Have you ever been in a position where you needed to make a significant transaction but discovered you were limited? We all understand that making transfers is now standard procedure since we live in a cashless era where transactions can be completed without the use of cash.

All you need to do is make a transfer to the necessary account, and your deal is complete. For those who are unaware, there is a transfer restriction on the USSD compared to the mobile application, and we are offering you preferable solutions to your issues.

We show you how to increase the transfer limit on the GTbank mobile application and USSD.

How To Increase Your GTB Daily Transfer Limit via USSD

If you’ve been using the GT bank USSD code to conduct transactions, you may raise your limit there just like you can do so with the mobile application. Although the transfer limit for the USSD code is often large if you have a debit card, it is typically minimal if you don’t.

You can choose to obtain a debit card linked to your account for this reason, as transactions are limited to 20,000 naira without one but 200,000 naira with one. Even so, it’s still less than when you use a smartphone application.

A token must be requested in the same manner as a token through the mobile application, and it cost 3000 naira as of that time, however, prices may have since gone up owing to rising prices.

Once you have the token, you can complete transactions worth more than a million using only your USSD code.

Also, check out Bank USSD Codes.

How To Increase Your GTB Daily Transfer Limit Via the Mobile App

Simply sit back and follow the steps provided. And you’ll be able to shift your money over the N2,000,000 maximum transfer restriction and into a greater range of roughly N5,000,000.

The only method to raise your limit is to first obtain a hardware token. You don’t need to worry, though, as hardware tokens are frequently reliable, enabling daily transfers of up to N5,000,000.

Simply visit the GTbank location that is most appropriate for you to talk with a customer support representative in person. Then lay out your claim, outlining your desire to have your transfer limit increased.

You’ll have to complete a form with the required details, including the sum you want to extend your limit by.

You may also contact them with any issues you have concerning the transfer limit on your account. You can apply for a higher transfer limit using your mobile app in addition to physically visiting your bank to obtain the hard token.

Final Notes on How To Increase Your GTB Daily Transfer Limit

We dwell in a cashless society where we can complete transactions without the use of cash. We all realize that making transfers is now a normal procedure. All you need to do is make a transfer to the appropriate account, and your deal is successful.

Before you go, check out Access Bank USSD Codes.

The post How To Increase Your GTB Daily Transfer Limit appeared first on EntsToday.