This post was last updated on October 6th, 2020 at 07:14 am
Union and Stanbic IBTC Bank has introduction of Mobile banking and Internet banking which enables their customers to execute bank transactions, via cellular devices and financial transactions electronically, with the use of internet, has given birth to high fraud rate .
Thousand of bank account/Atm card has be compromised especially when making use of your debit card at POS,Gas station, ATM Machine point and shopping mall .
The technological advancements introduce in banking industry is aim to improve effectiveness and accessibility 24/7 , as a result fraudster has developed medium to steal and compromise cards which result to loose of money by depositors.
However, bank’s has introduce means where customers can now blocked their card when they find them-self in mess…… So we shall be discussing on how to block Union and Stanbic Ibtc Bank .
Firstly, what is Mobile banking and internet Banking?
Internet banking implies a service that allows customers to conduct financial transactions electronically, with the use of internet. Internet banking make uses of bank websites as a portal to all banking services even when you also make use of other third party portal like Paga, inter-switch etc.
On the other hand.Mobile banking refers to an internet based facility provided by banks that enables the customers to execute bank transactions, via cellular devices.In Nigeria bank’s has introduce USSD code and Mobile app.
How to block Union Bank ATM card
To stop further payment as Union Bank account holder,Simply send ‘BLOCKCARD’ <SPACE> YOUR ACCOUNT NUMBER to 20123 from your registered phone number with union bank
Eg. Blockcard 2123456789 to 20123…please note this will only stop card related transaction including ATM and POS,UnionMobile and other card base transactions on the internet
Login to UnionOnline
Continue to your account
Click on self service
Select block/unblock debit card
Select your account
Input your security word
Enter Token and complete your request.
Union Bank customers can also block their Card and unblock card) by dialing *826*21#
How to Block Stanbic IBTC bank ATM card
USSD CODE Method
To block your stanbic IBTC ACCOUNT or ATM card simply Dial *909#, select my bank …Then select service request and finally select Block Account.
SMS Banking Method
Simply sends Block card NUBAN to 30909 via your registered mobile number. Replaced the NUBAN with the 10-digits of your account number Link to the card.