With the advent of USSD codes, conducting banking transactions on our mobile devices has become more convenient than ever. Polaris Bank, one of Nigeria’s leading financial institutions, has also introduced its USSD codes to provide its customers with a seamless and secure banking experience. In this article, we will explore a comprehensive list of Polaris USSD codes that can be used for various banking services.
About Polaris Bank
Polaris Bank was established in 1989 as Prudent Bank Limited. Over the years, the bank has undergone various transformations and rebranding initiatives to better serve its customers. In 2011, the bank was acquired by the Asset Management Corporation of Nigeria (AMCON) due to some challenges it faced. As a result of the acquisition, the bank underwent another name change and became known as Skye Bank.
In September 2018, the Central Bank of Nigeria intervened in Skye Bank due to concerns over its financial stability. The bank’s assets and liabilities were subsequently transferred to a bridge bank known as Polaris Bank, which was fully owned by AMCON.
Polaris Bank offers a wide range of banking services and products to cater to various customer segments. Some of the key services and products include:
- Personal Banking: Polaris Bank provides personal banking services, including savings and current accounts, personal loans, fixed deposits, and digital banking solutions.
- Business Banking: The bank offers various solutions for businesses, including business loans, trade finance, cash management services, and merchant services.
- Corporate Banking: Polaris Bank serves large corporate clients with a suite of corporate banking products and services, such as project finance, treasury management, and corporate advisory services.
- Mobile and Internet Banking: Polaris Bank’s digital banking platform enables customers to perform a wide range of transactions conveniently from their mobile devices and computers.
- Cards Services: The bank issues debit and credit cards that offer customers access to a variety of payment options both locally and internationally.
- E-Banking Solutions: Polaris Bank provides electronic banking solutions, including online banking, mobile apps, and USSD codes, to enhance customers’ banking experience.
Polaris Bank continues to evolve and innovate, positioning itself as a major player in the Nigerian banking sector. With its customer-centric approach, advanced technology, and a wide range of financial solutions, the bank remains dedicated to meeting the needs of its customers and contributing positively to the growth and development of Nigeria’s economy.
About Polaris USSD Codes
Polaris Bank’s USSD codes allow customers to access banking services on their mobile phones without the need for an internet connection. These shortcodes are designed to be simple, easy-to-remember, and provide a quick way to conduct transactions on the go.
How to Register and Activate Polaris Bank USSD Code
To enjoy the benefits of Polaris USSD banking, customers need to register for the service. Follow these steps to get started:
- Dial *833# on your mobile phone.
- Select “Register” from the options provided.
- Enter your valid Polaris Bank account number.
- Create a 4-digit transaction PIN to secure your USSD transactions.
- Complete the registration process.
Features and Services of Polaris Bank USSD Code
Polaris Bank’s USSD code is a convenient and efficient way for customers to access various banking services directly from their mobile phones. With a simple dial of the USSD code, customers can perform a range of transactions and inquiries without the need for an internet connection. Here are some of the key features and services offered by Polaris Bank’s USSD code:
1. Account Balance Inquiry: Customers can check their account balances in real-time by dialing the USSD code and following the on-screen instructions. This feature allows users to stay updated on their account status anytime, anywhere.
2. Funds Transfer: The USSD code enables customers to transfer funds between their own Polaris Bank accounts or to accounts in other banks. This service is fast, secure, and accessible 24/7, making it convenient for customers to send money to family, friends, or business associates.
3. Airtime Recharge: With the USSD code, customers can recharge their mobile phones or those of their loved ones with airtime from various mobile network providers. This feature ensures that customers stay connected at all times.
4. Bill Payments: Polaris Bank’s USSD code allows customers to pay their utility bills, such as electricity, cable TV, and water bills, without visiting a physical branch or using internet banking. It provides a hassle-free way to settle bills promptly.
5. Mini Statement Request: Customers can request a mini statement of their recent transactions through the USSD code. This feature provides a quick overview of their account activities, helping customers keep track of their finances.
6. Personal Information Update: Using the USSD code, customers can update their personal information, such as phone numbers and addresses, to ensure their records are up to date.
7. Account Blocking: In case of a lost or stolen phone, customers can use the USSD code to block their Polaris Bank USSD account immediately, preventing unauthorized access.
8. Transaction Limits Check: The USSD code allows customers to check their transaction limits, ensuring they are aware of the maximum amount they can transact daily.
9. Security and PIN Management: Customers can set and change their USSD transaction PIN for added security. This feature helps protect their accounts from unauthorized access.
10. Customer Service Access: The USSD code provides a direct link to Polaris Bank’s customer service, where customers can get assistance, report issues, or make inquiries about their accounts and transactions.
Benefits of Using Polaris Bank USSD Code
Polaris Bank’s USSD code offers numerous advantages to its customers, making banking easier, faster, and more convenient. With a simple dial of the USSD code on their mobile phones, customers can access a range of banking services at their fingertips. Here are some of the key benefits of using Polaris Bank’s USSD code:
1. Accessibility 24/7: One of the most significant benefits of the USSD code is its round-the-clock availability. Customers can use the code anytime, anywhere, without the need for an internet connection. This means they can perform banking transactions even in areas with limited network coverage.
2. Convenience: The USSD code provides a hassle-free and convenient way to access banking services. Customers can check their account balances, transfer funds, and pay bills without visiting a physical bank branch. It saves time and effort, especially for those with busy schedules.
3. Easy-to-Use Interface: The USSD code is designed to have a user-friendly interface, making it accessible to customers of all ages and technological backgrounds. The menu options are straightforward and easy to navigate, ensuring a seamless banking experience.
4. Quick Transactions: With the USSD code, transactions are processed instantly. Customers can transfer money, recharge airtime, or pay bills in a matter of seconds. This speed is especially beneficial for urgent transactions or emergencies.
5. No Internet Required: Unlike mobile banking apps, the USSD code does not rely on an internet connection. This makes it an ideal banking solution for customers who do not have smartphones or live in areas with limited internet connectivity.
6. Secure Transactions: Polaris Bank’s USSD code is equipped with robust security measures to protect customers’ transactions and personal information. Customers set a unique PIN for each transaction, ensuring that only authorized users can access their accounts.
7. No Additional Charges: Polaris Bank does not charge customers for using the USSD code. However, standard network provider charges may apply based on the user’s mobile network and tariff plan.
8. Universal Compatibility: The USSD code is compatible with all types of mobile phones, including feature phones and smartphones. Customers do not need to download any specific app, making it accessible to a wide range of users.
9. Financial Inclusion: The USSD code plays a crucial role in promoting financial inclusion by providing banking services to people in remote areas and those who may not have easy access to physical bank branches.
10. Transaction Limits Control: Customers can set daily transaction limits using the USSD code, giving them control over their spending and enhancing security.
List Of Polaris Bank USSD Code
| Transactions | Polaris Bank USSD Code |
| Default Code | *833# |
| Check Account Balance | *833*6# |
| Airtime Top-Up for Self | *833*AMOUNT# |
| Airtime Top-Up for Others | *833*AMOUNT*PHONE NUMBER# |
| Fund Transfer to Polaris Bank Account | *833*Amount*Account Number# |
| Fund Transfer to Other Bank Account | *833*Amount*Account Number# |
| Account Opening | *833*1# |
| Bill Payment | *833*2# |
| Retrieve BVN | *565*0# |
| Block ATM Card | *833*4# |
Polaris Bank USSD Code To Check Account Balance
Stay updated on your account balance by following these simple steps:
- Dial *833*6# on your mobile phone.
- Authenticate the transaction with your 4-digit PIN.
- Your account balance will be displayed on the screen.
Polaris Bank USSD Code For Airtime Recharge
Running out of airtime is no longer a problem with the Polaris bank USSD codes:
- Dial *833*AMOUNT# on your mobile phone.
- Choose your mobile network (e.g., MTN, Glo, Airtel, Etisalat).
- Confirm the transaction with your 4-digit PIN.
- Your phone will be credited with the chosen amount of airtime.
If you are recharging someone else line from your bank simply dial the code *833*AMOUNT*PHONE NUMBER# and continue with step 2 to 4 explained previously to complete the transaction.
Polaris Bank USSD Code For Fund Transfer
Transfer money to other Polaris Bank accounts or accounts in other banks conveniently:
- Dial *833*Amount*Account Number# on your mobile phone.
- Select the recipient’s bank.
- Confirm the recipient’s account name.
- Authenticate the transaction with your 4-digit PIN.
Polaris Bank USSD Code For Account Opening
To open a Polaris bank account using the USSD code simply dial *833*1# on your mobile phone. After you have dialed the code, you will be required to accept the terms of mobile banking. Once you have done that you can follow the prompt to complete the account opening process.
Polaris Bank USSD Code For Bill Payment
Polaris USSD codes make paying bills effortless. Follow the steps below to pay bills using the Polaris bank USSD code:
- Dial *833*2# on your mobile phone.
- Select the biller category (e.g., electricity, cable TV, water).
- Choose the specific biller and enter the amount to be paid.
- Authenticate the transaction with your 4-digit PIN.
Polaris Bank USSD Code To Retrieve BVN
In order to retrieve your Bank verification number using USSD code, dial *565*0# on the phone number linked to your account and follow the prompt. Once you complete the process your BVN will be sent to you.
Polaris Bank USSD Code To Block ATM Card
If your ATM card was stolen or you misplaced it, you can block it with the use of the Polaris bank USSD code. Simply dial the code *833*4#. Then select “Manage Card”, and follow the prompts to complete the process.
How to Change Your Polaris Bank Transaction PIN
Changing your Polaris Bank transaction PIN is a straightforward process and can be done through the bank’s USSD code or mobile banking app. Here are the steps to change your Polaris Bank transaction PIN:
Using Polaris Bank USSD Code:
- Dial the Polaris Bank USSD code: To initiate the process, dial *833# on your mobile phone.
- Select “Security” Option: From the menu displayed on your screen, choose the option that says “Security.”
- Choose “Change PIN”: In the Security menu, select the option for “Change PIN” or “Change Transaction PIN.”
- Enter Old PIN: You will be prompted to enter your current transaction PIN. Input your existing 4-digit PIN.
- Enter New PIN: After verifying your old PIN, you will be asked to enter your new 4-digit transaction PIN. Choose a unique PIN that you can easily remember, but not one that is easily guessable by others.
- Confirm New PIN: Re-enter the new 4-digit transaction PIN to confirm and ensure there are no errors.
- Transaction Confirmation: Once you have successfully confirmed your new PIN, you will receive a confirmation message on your screen.
How to Deactivate Polaris Bank USSD Code
To deactivate or block Polaris Bank’s USSD code service, follow these steps:
Step 1: Contact Customer Service: The most effective and quickest way to deactivate the USSD code service is by contacting Polaris Bank’s customer service. You can do this by calling the bank’s helpline or visiting a nearby branch. Provide them with your account details and request the deactivation of the USSD service.
Step 2: Follow the Bank’s Instructions: The customer service representative will guide you through the deactivation process. They may ask you some security questions to verify your identity for security purposes.
Step 3: Confirm Deactivation: Once the deactivation process is complete, the customer service representative will confirm that the USSD code service has been deactivated.
Step 4: Consider Blocking via Mobile Banking App: Some banks may offer the option to block USSD code services through their mobile banking app or internet banking platform. If Polaris Bank provides this feature, you can log in to your mobile banking app or internet banking account and navigate to the security settings to block the USSD code service.
Step 5: Keep PIN Secure: After deactivating the USSD code service, it is essential to keep your PIN secure and not share it with anyone to prevent unauthorized access to your account.
Important Note: Deactivating the USSD code service is irreversible, and you will no longer be able to use it for any banking transactions. If you wish to reactivate the service in the future, you will need to contact the bank’s customer service again and go through the reactivation process.
Security Measures and Tips for Using Polaris Bank USSD Code
Using Polaris Bank’s USSD code for banking transactions offers convenience, but it’s essential to prioritize security to protect your financial information. Here are some security measures and tips to ensure a safe experience when using Polaris Bank’s USSD code:
- Keep Your PIN Secure: Your USSD transaction PIN is like a key to your account. Never share it with anyone, including bank staff or family members. Avoid writing it down or saving it on your phone. Memorize it and change it regularly.
- Enable PIN Timeout: If your phone has the option, enable the PIN timeout feature. This automatically locks your phone after a certain period of inactivity, providing an additional layer of security.
- Beware of Phishing Attempts: Be cautious of any unsolicited calls, text messages, or emails asking for your personal information, including your PIN or account details. Polaris Bank will never request such information via these channels.
- Verify the USSD Code: Always double-check the USSD code you dial before proceeding with any transaction. Make sure it matches the official Polaris Bank USSD code.
- Use Secure Networks: Avoid using public Wi-Fi or unsecured networks for USSD banking. Stick to your mobile network’s data or a trusted Wi-Fi connection.
- Logout Properly: If you are using the USSD code on someone else’s phone, ensure you log out properly after completing your transactions.
- Update Contact Information: Keep your phone number and email address updated with the bank. This ensures you receive transaction notifications and alerts about any suspicious activity.
- Monitor Account Activity: Regularly review your account statements and transaction history. If you notice any unfamiliar transactions, report them to the bank immediately.
- Set Transaction Limits: Set daily transaction limits that suit your spending patterns. This can help mitigate losses in case of unauthorized access.
- Report Lost or Stolen Phone: If you lose your phone or it gets stolen, contact Polaris Bank immediately to block your USSD service and prevent unauthorized access to your account.
- Install Security Software: Consider using reputable mobile security apps that can protect your device from malware and unauthorized access.
- Educate Yourself: Stay informed about the latest security threats and banking scams. Knowledge is your best defense against fraud.
By following these security measures and tips, you can use Polaris Bank’s USSD code safely and enjoy the convenience of mobile banking without compromising your financial security. If you suspect any suspicious activity or encounter any issues, contact Polaris Bank’s customer service for assistance.
Frequently Asked Questions
1. Can I use Polaris USSD codes on any mobile network?
Yes, Polaris USSD codes can be used on any mobile network in Nigeria.
2. Is there a fee for using Polaris USSD banking?
There are no additional charges for using Polaris USSD banking services. However, regular network provider charges may apply.
3. How can I reset my USSD PIN?
To reset your USSD PIN, dial *833#, select “Reset PIN,” and follow the on-screen instructions.
4. Are there transaction limits for USSD banking?
Yes, there are transaction limits for USSD banking. Customers can check the specific limits by dialing *833# and selecting “Transaction Limits.”
5. What do I do if I enter the wrong recipient account number during a funds transfer?
If you mistakenly input the wrong recipient account number, contact Polaris Bank customer care immediately for assistance and possible reversal of the transaction.
Conclusion
Polaris USSD codes have revolutionized banking in Nigeria, providing customers with a fast, secure, and convenient way to manage their accounts and conduct transactions. Whether it’s checking account balances, transferring funds, or paying bills, these USSD codes offer a comprehensive range of services at your fingertips. By following the security measures and tips provided, customers can enjoy a worry-free banking experience.