How To Use Polaris Internet Banking

Polaris Bank, established by the Central Bank of Nigeria (CBN) on September 21, 2018, emerged from the acquisition of the assets and assumption of specific liabilities of the former Skye Bank. With a presence spanning over 350 branches nationwide, Polaris Bank is dedicated to delivering outstanding customer experiences, underpinned by cutting-edge Information Communication Technology (ICT). The bank plays a pivotal role in Nigeria’s banking landscape, offering customers straightforward, accessible, and secure banking services through various channels such as mobile banking, ATMs, point-of-sale terminals (POS), and online platforms (Internet Banking). In this article, we will focus on Polaris’s internet banking which is also known as online banking or e-banking. It is a digital service provided by Polaris that allows their registered customers perform various financial transactions and manage their accounts over the internet. Polaris internet banking offers a convenient and secure way for customers to access their bank accounts and conduct a wide range of banking activities from the comfort of their computer or mobile device. 

How To Activate Polaris Internet Banking

Polaris internet banking provides the flexibility of 24/7 access to banking services, reduces the need for physical visits to a bank branch, and often offers enhanced security features like two-factor authentication to protect customer accounts. It has become an integral part of their modern banking practices, making financial transactions more convenient and efficient for individuals and businesses. To access this service, you need to activate it by following the steps below:

  1. Activation Portal: Proceed to the Polaris website to sign up.
  2. Registration: You would need to provide your account number, a valid email address, and mobile number. Click continue.
  3. User ID and Password: Choose a preferred User ID and Password for your internet banking account. In some cases, the bank might generate the User ID for you.
  4. Security Questions: Provide answers to security questions during the registration process. These security questions will be necessary for future logins or when performing certain transactions, adding an extra layer of security to your account.

How To Make Transfer With Polaris Internet Banking

To access your Polaris Internet Banking account, follow these steps:

  1. Log in to your Polaris Internet Banking account.
  2. Navigate to the “Transfer Funds” option.
  3. Choose “Polaris Bank” (for intra-bank transfers) or recipient bank in “Other banks” for inter-bank transfers as the recipient bank for the transfer.
  4. Input the recipient’s account number and specify the transfer amount.
  5. Thoroughly review the transaction details for accuracy.
  6. Confirm the transfer after ensuring all information is correct.

You can also use the Polaris internet banking to perform various other operations like:

  1. Account Management: Customers can view their account balances, transaction history, and account details online.
  2. Mobile Banking: Polaris internet banking services offer mobile apps, enabling customers to perform banking tasks on their smartphones or tablets.
  3. Online Bill Payment: Customers can pay bills, such as utility bills, credit card bills, and loans, directly through the online banking platform.
  4. eStatements: Electronic statements (eStatements) are available for viewing and downloading, replacing traditional paper statements.
  5. Alerts and Notifications: Customers can set up alerts and notifications for various account activities, helping them stay informed about their finances.
  6. Secure Messaging: Some platforms allow customers to communicate securely with Polaris bank’s customer support.
  7. Account Customization: Users can customize their banking experience by setting preferences and updating personal information.

What Is Polaris USSD Code? *833#

Polaris Bank is promoting the use of its USSD *833# Smart Code for convenient and contactless payments, urging customers to reduce their reliance on cash transactions. This initiative aims to facilitate social distancing and prioritize safety. To register for Polaris Bank’s 833 Smart Banking, follow these steps:

  1. Dial *833# from the phone number linked to your account.
  2. Choose option 6 to check your account balance and input your account number.
  3. Create a 4-digit transaction PIN, which you will use for all future transactions on this platform.
  4. After your balance is displayed, your registration for 833 Smart Banking is complete.

Here are the various services and corresponding codes available for Polaris Bank’s *833# Smart Banking:

  1. To open an Account: Dial *833*1#.
  2. Pay Bills: Dial *833*2#.
  3. Transfer Funds: Dial *833*3# (Please note the daily limit of 50,000 Naira, with a charge of 52.5 Naira for transfers to other banks and 10.5 Naira for transfers to other Polaris Bank accounts).
  4. Check Your Balance: Dial *833*6#.
  5. Self Recharge: To recharge your own phone number associated with your account, dial *833*Amount#.
  6. Recharge Others: To buy airtime for other phone numbers, dial *833*Amount*Phone Number#. Make sure to complete the transaction using your authentication PIN.

Recharge Limit: The daily recharge limit is 5,000 Naira, and the monthly limit is 20,000 Naira.

Network Charges: There is a network charge ranging from 1 to 5 Naira per transaction. If you have insufficient airtime, you may receive “Connection problem” or “Invalid MMI code” errors.

In the above we explored how to navigate the world of Polaris internet banking, and also talked about how to leverage their USSD code for various banking purposes. Now, as a bonus in the article below you can discover how to leverage Astro Africa, a leading cryptocurrency exchange in Nigeria, to sell your crypto assets for fiat currency. Whether you’re looking to dive into the world of cryptocurrency or an experienced trader, Astro Africa offers you a gateway to financial opportunities. Astro Africa empowers you with tools, security, and transparency, just like Polaris does in traditional banking. Embrace innovation, embrace financial freedom!

How To Sell Crypto for Fiat in Nigeria on Astro Africa

Astro Africa shines as an outstanding cryptocurrency exchange in Nigeria, embodying profit, exceptional user experience, security, and transparency. Users can seamlessly trade their crypto for Naira or Cedis, with future plans for expansion across Africa. Services include exchanging crypto for fiat, local deposits, gift card conversion, and an exchange rate calculator. The platform offers a favorable exchange rate, and its mobile app is available for Android users. Users maintain full control over portfolios, trading, and withdrawing to local bank accounts fee-free. With educational resources and a very interactive blog, Astro Africa is a pioneering innovation in cryptocurrency exchange.