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Banking & Finance

Simplifying Banking With Bank 737

GTBank 737
Posted: Sep 2, 2016 at 3:02 pm   /   by   /   comments (0)

Bamidele Ogunwusi

Lagos – In recent years, mobile phones have made life easier because one can now shop online, watch movies, surf the internet, play games, chat with loved ones, share and download information with the simple push of a button.

While mobile penetration has witnessed an impressive growth in Nigeria, Internet proliferation hasn’t experienced similar success, owing largely to the cost of data.

However, one latest adding that has simplifies banking experience among Nigerians is the USSD interface.

USSD (Unstructured Supplementary Service Data) is a Global System for Mobile (GSM) communication technology that is used to send text between a mobile phone and an application program in the network. Applications may include prepaid roaming or mobile chatting.

Leveraging on the USSD tool is the GTBank’s Bank 737.  This is phone agnostic and works on any type of mobile phone and does not require internet access or registration protocols. With GTBank’s Bank 737, your mobile phone is now a service channel for all your banking needs. Users simply have to dial the short USSD *737# code on any mobile device to experience a new world of simple banking.

With Bank 737, GTBank customers can perform banking functions such as transfers to all Banks in Nigeria, check account balance, open a GTBank account, buy airtime, pay bills, BVN linking, token code generation, card less withdrawals and lots more from their mobile phones.

Commenting on the launch of the product, Segun Agbaje, the Managing Director and Chief Executive Officer of Guaranty Trust Bank plc said: “The launch of this product marks another milestone in our quest to make banking truly simple for our customers. We remain firm on our objective to deliver banking products and services tailored to meet the diverse needs of our ever-growing customer base by leveraging technology to make banking faster, safer and more accessible for all our customers.

“With this code, you do not need to go to the ATM machine to check your bank balance. This comes in handy when you are expecting money and yet you have not gotten the alert, no need to force yourself to buy credit from the bank before confirming whether you have received the money or not as you would not like checking your balance in such a manner always even though that is another alternative of checking your bank balance. All you need to do is to recharge online with their code for recharging and they will also send you an alert of which you can then know your balance. This method is indirect. This new code sends the account balance directly without you doing any transaction first.

“After dialing the code, it will require you to enter the last four digits of your ATM card, it is always good to have these numbers off-hand so that you can check your balance on GTBank anytime. You can check the last four digits from your ATM card. The number having the longest digit on your ATM card that is on the front side where your name is written is what you will use. The last four digits of that number are important for carrying out most of GTBank transactions online and even for other banks. The last 4 digits are the last while counting from the left to the right OR they are the first four digits while counting from the right to the left. Please note that it is different from the CVV2 number which is located at the back of the ATM”.

GTBank is regarded by industry watchers as one of the best run financial institutions in Nigeria and across its subsidiary countries. The bank is renowned for its innovative financial solutions, superior financial performance, world class corporate governance standards and excellent service delivery. The bank’s latest E-payment service, known as the 737 banking, is considered a veritable alternative to in-branch banking as it offers a faster, safer and more convenient way to perform financial transactions.