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Ecobank Nigeria introduces money transfer via WhatsApp, SMS and Email

Ecobank Nigeria has said that its customers can now transfer money.


The new features are available on the Mobile App of the bank, via email, SMS, and WhatsApp.

Reportedly, this new function enables customers in Nigeria to transfer up to N50,000 without the account number of the beneficiary.

This was revealed by Olukorede Demola-Adenyi, Head, Consumer Banking Ecobank Nigeria, in a statement.

She stated that the initiative was part of the digital banking innovation of the bank.

Because of the new features, customers can conduct transactions conveniently.

More-also, she talked about the Mobile App’s simpler and more attractive interface.

Also, the new mobile app makes it easier for individuals to transfer funds from their accounts within the app.

More-also, Demola-Adenyi stated that;
“Because of COVID-19, this chance could not have come at a better time when many individuals are self-isolating and maintaining social distance”.

Although, as a bank, we have the obligation to continue innovating for the good of our growing customers.

Also, we encourage our customers and others to make use of this recent addition to our solutions for digital self-service.”

Moreover, With this feature, without the account number of the beneficiary, a customer can transfer up to N50,000.

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Even without the beneficiary having an account number or specifying on which account to obtain the funds, the transfer may be initiated.

This is super convenient for us as a bank to transfer funds.”

In addition, Demola- Adeniyi further disclosed that “the procedure was straightforward.

Ecobank Nigeria


The beneficiary account irrespective of the bank receives the credit instantly. The process is secure, convenient and funds are in local currency and do not leave the senders to account until the beneficiary initiates the redemption into the destination account.

She called on those who are yet to download the Ecobank Mobile app to do so without delay because of the attendant benefits.

“The Ecobank Mobile app allows you to enjoy our banking services instantly and conveniently on your mobile device. The app provides you with an easy channel to manage your account and perform financial transactions in a simple and secured manner. The app gives you access to affordable banking services and more, wherever you are, on your mobile 24/7, 365 days a year.”

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Adding that the recipients could redeem the money sent in three simple steps:



  1. Receive the web link sent to their mobile number as an SMS or WhatsApp message.

  2. Click on the link to select the bank and enter the account number.

  3. Then submit the request and the senders’ account would be debited immediately.


Irrespective of the bank, the beneficiary account earns the credit instantly”.