First Bank Doubles Daily Transaction Limit On Its FirstMobile App

Nairametrics| Users of the FirstMobile application now have the opportunity to transact a whole lot more business as the bank has revealed that it doubled the daily transaction limit on the app from N500,000 to N1 million. It also increased the amount of money that can be transferred through the app to First Bank accounts -and other banks’ accounts without a token to N150,000.

Intimating the public with these changes, the Head, Digital Banking of the Bank, Mrs. Folasade Femi-Lawal, in a statement on Monday said the bank would continue to leverage evolving technologies to support consumers’ lifestyle, Punch Newspaper reports.

This move, the bank is assured will provide customers with a greater freedom, variety of financial options as well as enhance customers’ digital banking experience in line with the bank’s commitment to offer value-added services.

Enumerating the numerous functions the app offers, the statement said “With the mobile banking app, customers can enjoy real-time mobile banking services, such as domestic funds transfer from self-owned accounts to First Bank accounts and other banks’ accounts.”

“They can also make quick airtime purchase for self and others on all mobile networks; bills payment; cheque services, including confirm cheque and stop cheque; flight bookings.

“The app also allows for quick account services, such as account balance inquiry, statement view and much more.”


Chacha Wabara

Chacha Wabara is a legal practitioner, blogger and fitness coach. She has over 5 years experience in blogging and freelance writing. She has written several articles and research work over the years as a freelance contributor. She joins Nairametrics as Our News and Analysis Lead.

What's your say?