USSD Deactivation Codes of Major Banks in Nigeria

By Modupe Gbadeyanka

It is no doubt that technology has revolutionised the world and the COVID-19 pandemic of 2020 made many realise that it is the future.

Almost every sector was grounded last year due to the global health crisis and if not for technology, there would have been more casualties.

Before the crisis, there have been attempts to digitalise the world but the pandemic quickened the pace and the banking industry witnessed the use of its digital financial services.

Commercial banks in Nigeria, which do not want to be left behind, introduced banking without the internet through the use of Unstructured Supplementary Service Data (USSD) codes.

This system allows a customer to carried out financial services from mobile phones without the internet or going to the banking hall.

However, this technology has been the downfall of some people who became the victims of fraudsters, who use the system to milk their prey dry, especially when they lose their phones.

To protect their customers, deposit money banks (DMBs) have come up with an avenue to block unauthorised access into their funds by introducing USSD deactivation codes.

So, when a bank customer loses his phone, he does not have to worry as long as he quickly dials the deactivation code from any other mobile device.

Business Post has compiled a list of codes of different banks operating in the country and they are presented below in alphabetical order;

Access Bank *901*911#

Ecobank *326*911#

FCMB *329*911#

Fidelity Bank *770*911#

First Bank *894*911#

GTBank *737*51*74#

Heritage Bank *745*7#

Keystone *7111*911#

Polaris Bank *833*911#

Stanbic *909*911#