Hi Reader! Do you know you can check your Stanbic IBTC Bank account balance on your mobile phone without your ATM card? With the increase in the level of technology, banking is now made simple and stress-free.
There are so many things you can do on your Stanbic IBTC Bank account with your phone but in this article, we will be focusing on how to use your mobile phone to check your account balance.
You don’t have to go to the bank to check your account balance, you don’t have to go to a POS shop to check your account number, and you don’t have to go anywhere at all! All you need is your phone!!
Whether you are using a browsing phone or not, you can check your Bank account balance. Whether you have data or not, you can check your account balance. So, rest assured that here today, you will know how to check your account balance on Stanbic IBTC Bank.
Without wasting much time, let’s get started.
Here I will be taking you through two different ways to check your account balance on Stanbic IBTC Bank. So, hold on while I break these down for you!
How to Check Account Balance on Stanbic IBTC Bank
The following are the two reliable and easy ways to view your Stanbic IBTC Bank account balance;
- By using USSD Code
- By using Stanbic IBTC Bank mobile app
So, let me take them one after the other.
See Also: How to Check Access Bank Account Balance
How to Check Stanbic IBTC Bank Account Balance Using USSD Code
The code to check Stanbic IBTC Bank account balance is *909#.
Now, to check your Bank account balance using USSD Code, follow the simple steps below;
- If you are using the code for the first time, you must activate the Stanbic IBTC Bank code first. So, dial *909# and follow the prompts. Once, you have successfully activated the code.
- Simply dial *909*2# with the line linked with your Stanbic IBTC Bank Account
- Enter your PIN
- Your Stanbic IBTC Bank account balance will be displayed on your phone screen.
Simple, right?
The service works with MTN, AIRTEL, GLO, and 9Mobile lines.
Now, onto how to check your account balance on Stanbic IBTC Bank using the mobile banking app. This method will only cost you data. No service fee for this method.
How to Check Stanbic IBTC Bank Account Balance Using the Mobile App
To check your account balance on Stanbic IBTC Bank using the mobile application, follow the simple steps below;
- Download the Stanbic IBTC Bank Mobile App on Google play or Apple store.
- Install and launch the app
- If you are using it for the first time, you will need to register with some personal information. Just follow the process on the app.
- After you have successfully registered, you can just log in and your account balance will be on your dashboard.
See Also: How to Check First Bank Account Balance
About Stanbic IBTC Bank
Stanbic IBTC Holdings, commonly referred to as Stanbic IBTC, is a financial service holding company in Nigeria with subsidiaries in banking, Stock Brokerage, Investment Advisory, Asset Management, Investor Services, Pension Management, Trustees, and Life Insurance businesses. The company’s corporate headquarters, I.B.T.C. Place, is situated at Walter Carrington Crescent, Victoria Island, Lagos. Stanbic IBTC Holdings is a member of the Standard Bank Group, a financial services giant based in South Africa. Standard Bank is Africa’s largest banking group ranked by assets and earnings, with operations in 20 African countries and 13 countries outside Africa.
Stanbic IBTC Holdings PLC. came to being as the result of a merger between Stanbic Bank Nigeria Limited and IBTC Chartered Bank Plc. in 2007, then adopting a holding company structure in 2012 to comply with the revised regulatory framework advised by the Central Bank of Nigeria, requiring banks to either divest from non-core banking financial services or adopt a holdings’ company structure.
Before the Merger
IBTC Chartered Bank Plc.
Investment Banking & Trust Company Plc (IBTC) was formed as an investment bank on 2 February 1989 with Atedo N.A. Peterside as chief executive officer. In 2005, the Central Bank of Nigeria announced its recapitalization program for commercial banks. This meant that all commercial banks had to have an NGN 25 billion minimum capital base. This CBN order led to the merger of Investment Banking and Trust Company (IBTC) with Chartered Bank Plc and Regent Bank Plc on 19 December 2005 to form IBTC Chartered Bank Plc with a total asset base of NGN 125 billion and listed on the Nigerian Stock Exchange.
Stanbic Bank Nigeria Limited
Stanbic Bank Nigeria Limited was founded in 1991 when Standard Bank Investment Corporation (Stanbic Bank), acquired the African operations of ANZ Grindlays Bank. The name was later changed to Stanbic Bank Nigeria Limited and was a wholly owned subsidiary of Stanbic Africa Holdings Limited (SAHL).
The Merger
On 24 September 2007, IBTC Chartered Bank Plc merged with Stanbic Bank Nigeria Limited. Stanbic Africa Holdings Limited (SAHL)on behalf of Standard Bank tendered an offer for the acquisition of additional IBTC shares in order to attain majority shares in the merged business. This resulted in SAHL having a majority shareholding 50.75% up from 33.33% as at the merger date. The business name was subsequently changed to Stanbic IBTC Holdings Plc and resumed trading on the NSE. You can read more here.
With this post, I am confident that I have satisfied your search intent but if by any chance you have a question, kindly leave us a comment.
His Name is Tiamiyu Abdulbazeet Olawale. He is a student at the University of Ilorin studying Electrical and Electronics Engineering. He likes to give the latest updates about Nigeria and international institutions as he aims at helping people to lay their hands on the right information.