Imagine you’re standing in line at a local shop, trying to pay for something urgent. Your Moniepoint app just won’t load, network wahala again. Your heart races. You feel the heat rising up your back. Everyone’s watching, and you think, “God, I just need to send this money now.”
And then, like a beautiful moment, you remember: The Transfer Code for Moniepoint.
A simple string of numbers. No data. No stress. Just dial, press, and boom, money sent. It’s like magic, but real.
In today’s guide, I’m going to walk you through everything you need to know about this lifesaver. You’ll learn not only the what, but also the how, the why, and the little secrets Moniepoint agents might never tell you.
Let’s begin.
What Is Moniepoint? (And Why You Should Care)
If you’ve ever sent or received money in Nigeria, chances are, you’ve heard the name Moniepoint whispered like a fintech prayer.
But here’s what most people don’t know:
Moniepoint isn’t just another POS provider, it’s actually a licensed Microfinance Bank with powerful tools that rival traditional banks. Unlike those long queues and shouting security guards at brick and mortar banks, Moniepoint offers fast, smooth, and local friendly financial services right from your phone.
Whether you’re a market woman in Aba or a content creator in Abuja, Moniepoint speaks your language:
Easy transfers
Reliable network
Agents literally in every street corner
And the best part? You don’t even need an app to use it.
With the transfer code for Moniepoint, you can send money faster than it takes Indomie to boil.
What Is the Transfer Code for Moniepoint?
Alright, let’s get straight into it.
The official transfer code for Moniepoint is:
*888#
But let me make it even clearer:
This code only works if you’ve registered your Moniepoint account with the same phone number on your device.
So what does this USSD code do? It allows you to:
Send money to any Nigerian bank
Check your Moniepoint account balance
Buy airtime for yourself or others
Pay bills
Generate mini statements
And all this without data, internet, or even a smartphone.
Think of it as a shortcut to your money, a digital ATM in your pocket.
How to Use the Transfer Code for Moniepoint (Step-by-Step)
Using the code is very easy. Here’s exactly how it works:
a. To Transfer Money to Another Moniepoint Account:
1. Dial *888#
2. Select “Transfer Money”
3. Choose “To Moniepoint Account”
4. Enter the recipient’s account number
5. Enter the amount
6. Confirm with your secure USSD PIN
b. To Transfer Money to Other Banks:
1. Dial *888#
2. Select “Transfer to Other Banks”
3. Choose the bank (GTB, Access, UBA, etc.)
4. Enter the account number
5. Enter the amount
6. Confirm with your PIN
Don’t forget to always double-check the recipient’s name before confirming.
If the transaction fails, wait a minute, Moniepoint usually auto-reverses failed transfers fast.
Related ArticlesHow To Activate Zenith Bank USSD Code
Why Is the Moniepoint Transfer Code Not Working?
Sometimes, you’ll dial the code and… nothing. Or worse, you get a strange error message.
Here’s what could be going on:
a. SIM Not Registered to Moniepoint Account
Only the phone number you used to register can access USSD features. Try inserting that SIM into your phone.
b. Network Glitch
If your network bars are low, the code might not respond. Wait a few seconds and retry.
c. You Haven’t Set a USSD PIN
If it’s your first time, you’ll need to register and create a PIN. Just dial *888# and follow the instructions.
d. Account Not Fully Verified
Some accounts require additional verification before USSD access is granted. If you’re not verified, visit a Moniepoint agent or their website to complete your KYC.
e. Old USSD Version
Codes change. If you’re using an old code (like *5573#), it might no longer work. Always use *888#.
The Truth About Moniepoint USSD vs Mobile App Transfers
Both the Moniepoint USSD code (*888#) and the mobile app help you move money quickly, but they serve different needs. Let’s break it down.
USSD Transfer (Code):
Pros:
It works without data or internet
It’s super fast for quick tasks
It has simple interface
Cons:
Limited features
No digital receipts
Vulnerable if your phone is stolen
Mobile App Transfer:
Pros:
It has full transaction history
Fingerprint/face ID protection
Access to loans, statements, and more
Cons:
It requires internet
It might lag during app or network issues
When to Use Each
Use USSD when you’re out of data, in low-network areas, or need a quick transfer.
Use the app when you want full control, detailed records, or to do more than just send money.
Security Tips Most People Overlook
1. Lock your SIM card with a PIN, many skip this!
2. Enable fingerprint or 2FA on the app.
3. Avoid saving passwords or PINs in notes or messaging apps.
4. Dial USSD discreetly in public, shoulder surfers exist.
Frequently Asked Questions
1. Can I use the Moniepoint transfer code on multiple SIM cards?
No. USSD access is tied to one registered phone number. To use a new SIM, you must update it on your Moniepoint account.
2. What happens if I dial the code on a phone without a Moniepoint account?
You’ll get an error or prompt to open an account. No transactions will go through unless your number is linked.
3. Is the Moniepoint USSD code available for iOS and Android users equally?
Yes! USSD is SIM-based, not based on app. It works on any phone, including “torchlight phones.”
4. Can I use the code when I travel outside Nigeria?
In most cases, no. Roaming networks may block USSD access or charge high fees. Best to use the mobile app abroad.
5. How do I update my phone number linked to the USSD code?
You’ll need to contact Moniepoint support or visit an agent with valid ID to update your number.
6. Does Moniepoint USSD work on all networks?
Yes, it works on MTN, Glo, Airtel, and 9mobile. But MTN tends to be the most stable.
7. How do I reset my USSD PIN if I forget it?
Dial *888#, select “Forgot PIN”, and follow the recovery prompts. You’ll need to verify your account info.
Conclusion
Let’s face it, we’re living in a time where speed, simplicity, and reliability matter more than ever when moving money. And the transfer code for Moniepoint offers just that.
No apps. No long waits. Just you and your keypad, making smart moves with a few taps.
So next time someone says “I no get data,” just smile and say, “Dial *888#.”
Because knowledge is power. And now, you’ve got the code.
So what will you do the next time the Moniepoint app refuses to load?
