Palmpay Transfer Code

Palmpay Transfer Code: Send Money to Palmpay and Other Banks (A Complete Guide)

Palmpay, Nigeria’s popular banking app, makes sending money simple. Whether you’re transferring money to a PayPal or a traditional bank account, having the correct transfer code is essential. This article deciphers the complexities of PalmPay transfer codes, allowing you to send money effortlessly and effectively.

How to Open a PalmPay Account

Registering for a PalmPay Account

Signing up for a PalmPay account is as simple as creating any other online account. Here is what you’ll need:


1. Mobile device.

2. Active phone number.

3. Active email address.

4. Bank Verification Number (BVN).

5. Utility bills.

6. National Identity Number (NIN).

Install the PalmPay App.

Get the PalmPay App only from the Google Play Store (for Android users) or the App Store (for iOS users). Avoid other sources to protect your personal information.

Transferring within Palmpay

Method 1: Palmpay App.

Open the Palmpay app. Make sure you’re logged in and connected to the internet.

Tap “Transfer.” You’ll see this option prominently on the app’s homepage.

Enter Recipient Details: If you’re sending to another Palmpay account, choose “Palmpay User.”. Enter their username or phone number. For additional bank accounts, click “Others” and pick the recipient’s bank. Enter their account number and the bank’s name.

Input the amount and description. Enter the desired amount and, if applicable, a brief description for future reference.
Review and Confirm: Check all of the facts before tapping “Confirm”.

Enter the PIN: To authenticate the transaction, enter your 4-digit PayPal PIN.

Success! You will receive a confirmation message in the app as well as an SMS notice.

Method 2: Palmpay QR Card

  1. Tap the “Card” icon: Within the Palmpay app, locate the “Card” icon and tap it.
  2. Scan Recipient’s QR Code: If the recipient has a Palmpay QR card, scan it using your phone’s camera.
  3. Enter Amount and Description: Input the desired amount and, optionally, add a brief description.
  4. Review and Confirm: Double-check all details, then tap “Confirm”.
  5. Enter PIN: Enter your 4-digit PayPal PIN to authenticate the transaction.
  6. Success! You’ll receive a confirmation message on the app and an SMS notification.

Transferring to Other Banks

Method 1: Palmpay App

  1. Follow steps 1-3 from the “Palmpay App” section above.
  2. Select “Others” when choosing the recipient’s account.
  3. Choose the recipient’s bank from the list.
  4. Enter the recipient’s account number and bank name.
  5. Proceed with the remaining steps of entering the amount, description, review, confirmation, and PIN.

Method 2: USSD Code (*901amount*account number#)

  1. Dial *901# followed by the desired transfer amount.
  2. Enter the recipient’s account number.
  3. Select “2” for transfer from the menu displayed.
  4. Choose the recipient’s bank from the list.
  5. Enter your 4-digit PayPal PIN for authentication.
  6. Confirmation message: You’ll receive a confirmation message on your phone.

PalmPay USSD Code For Quick Transactions

PalmPay offers a convenient and swift USSD shortcode (*652#) for various transactions such as cash withdrawals, bill payments, balance inquiries, and purchasing airtime or data. This straightforward USSD code simplifies your interactions with the platform.

Adding Personal Information and KYC Upgrade

Once you’ve completed the initial step, proceed to the second step to enhance your account by providing personal information. Follow these simple steps within the PalmPay app:

1. Open the PalmPay app on your phone.

2. Select the profile at the top.

3. Click on “KYC level and upgrade.”

4. Dial the 4-digit numbers as instructed.

5. Choose from tier 1, tier 2, or tier 3 accounts.

6. Click on the screen to proceed with the instructions.

TierTransaction limit [Per day]Maximum BalanceVerification Required
150,000300,000Phone Number
2200,000500,000Bank Verification Number
3500,000Unlimited amount of moneyProvide your credentials like a voter’s card [Utility bills or Valid ID]

Upon completion, your account will be upgraded promptly.

Tips and Important Information

  • Transfer Limits: Palmpay has daily and monthly transfer limits. Check the app or website for current limits.
  • Charges: Transfers within Palmpay are generally free. For interbank transfers, Palmpay may charge small fees depending on the amount and recipient bank.
  • Transaction Speed: Transfers within Palmpay are instant. Interbank transfers take a few minutes, depending on the recipient bank.
  • Customer Support: For any issues or clarifications, contact Palmpay customer support through the app or website, or call +234 018886888.

FAQs About Palmpay Transfer Code:

1. What is Palmpay?

Palmpay is a popular financial app in Nigeria that facilitates easy money transfers, including sending money to Palmpay accounts and other banks.

2. How can I create a PayPal account?

To create a Palmpay account, you’ll need a mobile device, an active phone number, an email address, a Bank Verification Number (BVN), utility bills, and a National Identity Number (NIN). Simply download the Palmpay app from the Google Play Store or App Store and follow the registration process.

3. What are the methods for transferring within Palmpay?

You can transfer within Palmpay using the Palmpay app or by scanning the recipient’s Palmpay QR code. Both methods require entering the recipient’s details, amount, and confirmation with your PIN.

4. How can I transfer money to other banks using PayPal?

– You can transfer money to other banks through the Palmpay app or by using the USSD code (*901amount*account number#). Simply follow the steps outlined in the guide to initiate the transfer.

5. What are the transaction limits and KYC requirements for Palmpay accounts?

Palmpay accounts have different tiers with varying transaction limits and verification requirements. Tier 1 requires a phone number, tier 2 requires a Bank Verification Number (BVN), and Tier 3 requires additional credentials such as a voter’s card or valid ID.

6. Are there any charges for using Palmpay?

Transfers within Palmpay are generally free, but interbank transfers may incur small fees depending on the amount and recipient bank.

7. How fast are transactions processed on Palmpay?

Transfers within Palmpay are instant, while interbank transfers typically take a few minutes, depending on the recipient bank.

8. How can I contact Palmpay customer support?

For any issues or clarifications, you can contact Palmpay customer support through the app or website, or call +234 018886888.

9. How can I upgrade my PayPal account for higher transaction limits?

You can upgrade your Palmpay account by providing additional personal information and completing the KYC (Know Your Customer) process within the Palmpay app. Follow the instructions provided in the guide for upgrading your account.

10. What should I remember before initiating a transfer with Palmpay?

Before sending money with Palmpay, remember to check transfer limits, charges, and transaction speeds to ensure a smooth experience and avoid any surprises.


With Palmpay, sending money is simpler than ever. Utilizing the right transfer code, whether through the app, QR card, or USSD, empowers you to manage your finances efficiently and conveniently. Remember to check transfer limits, charges, and transaction speeds to ensure a smooth experience. Now go forth and send money with confidence!

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