First Bank Internet Mobile Banking Guide 2022 Update

Filed in Articles by on May 13, 2022

– First Bank Internet Mobile Banking Guide –

First Bank Internet & Mobile Banking Guide: Internet and mobile banking as provided by First Bank is highly secure and very effective. It gives the customer the ability to check his or her account via the internet anywhere and anytime.

First Bank Internet Mobile Banking Guide 2022 Update

About First Bank

First bank is one of the oldest banks in Nigeria. This multinational bank begun business in 1894 in what was then the British colony of Nigeria.

The founder, Alfred Lewis Jones was a shipping magnate who originally had a monopoly on importing silver currency into West Africa through his Elder Dempster shipping company.

According to its founder, without a bank economies were reduced to using barter and a wide variety of mediums of exchange, leading to unsound practices.

A bank could provide a secure home for deposits and also a uniform medium of exchange. The bank primarily financed foreign trade but did little lending to indigenous Nigerians, who had little to offer as collateral for loans.

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With the internet/mobile banking system, you can pay bills, make online purchases, check your account balance, buy airtime, transfer money and do a lot more banking transactions, all from your internet-enabled mobile phone, or computer.

First Bank Internet & Mobile Banking

These following transactions are carried out for different categories of users:

1. First connect: with Firsteconnect, merchants, and retailers who own e-Commerce websites can accept payments for goods and services purchased on their websites.

2. Internet banking platforms allow customers to perform transactions such as funds transfer, bills payment, etc. via the internet anytime anywhere.

3. PayPal is an online payment that offers simplified and secure payment without the need to reveal financial information or card details on a website.

4. The Telebank Service enables cardholders to access their credit card account using a personal computer or equivalent device.

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First Bank Internet Transfer Guide

1. Visit the First bank website.

2. Click on the internet/mobile banking link.

3. A drop-down menu will appear where you can fill in your details. Make sure you fill in your data the way it was done when you were opening the account.

4. You will be required to fill in your account number and bank verification number (BVN).

5. You will also be expected to supply a username and password that you can use whenever you wish to access internet banking through your PC.

6. The first bank offers corporate and individual accounts for different categories of users. Your gender, age, and occupation will be required.

7. Note that you print that the slip before you fill and once you are done with that you should submit it to the nearest First Bank branch for approval.

8. Approval takes only 48 hours after which you can begin enjoying internet banking on your phone and at your convenience. You may decide to change your password if you think it’s no longer secure or to make it more personal.

FAQs on First Bank Internet Mobile Banking Guide

Below are the frequently asked questions on First Bank Internet Mobile Banking Guide

1. What is the code to borrow money from First Bank?

The First Bank instant loan USSD code is *891*11#.


2. What is the interest rate for First Bank Salary loan?

The interest rate of First bank is 2.5% flat, per month.


3. Which bank gives personal loan easily?

HDFC Bank customers can get Personal Loans with minimal or no documentation.


4. What is a nano loan?

Nano Finance means lending, purchasing, discounting or re-discounting bills.


5. Does First bank give loan to salary earners?

The product is meant for salary earners whose accounts are domiciled with FirstBank and have received regular salaries in the last six months or more.


6. What is digital loan?

As the name suggests, a digital loan is one that you can avail online. 


7. Is microfinance a bank?

Microfinance is a banking service provided to unemployed or low-income individuals or groups who otherwise would have no other access to financial services.


8. Can loan app block my BVN?

They will share your BVN with the authorities and they will blacklist you from using further loan products


9. How much is a 100k loan per month?

At a 4% fixed interest rate, your monthly mortgage payment on a 30-year mortgage might total $477.42 a month


10. Do u need credit to get a loan?

There are no minimum credit scores that will guarantee approval for a loan 


What’s your take on this? We believe this article was helpful, if yes, don’t hesitate to share this information with your friends on Facebook, Twitter, and WhatsApp.

CSN Team.

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