Last Updated on July 1, 2024 by admin
Do you want to transfer, pay bills and buy Airtime without your plastic card? First Bank Plc launched the FirstMonie Wallet and Firstmonie Wallet Virtual Card which allows individuals make and accept payments electronically with their mobile numbers.
The Firstmonie Wallet is available on two channels (i.e the USSD code – *894*1# & the Mobile App) and there are three account classes for Firstmonie Wallet with their unique specifications which include; FirstMonie Classic, FirstMonie Gold and FirstMonie Platinum.
The financial service is seamless, fast and secure, you can create a Firstmonie Wallet account without BVN and start transacting on your account which can have a balance as high as N300,000. You should be at least 18 years to have a Firstmonie account
For the purpose of the content we are going to take a look at how to create Firstmonie Wallet
Read: First Bank transfer: How to transfer money and check account balance
Features and Benefits of Firstmonie Wallet
1.Transfer Funds
2. Fund Wallet
3.Airtime/Data Top-up
4.Bill Payments
5.Cash In & Cash Out
6.Corporate Disbursements & Collections
7.Bet9ja Funding
8.Agent Locator
9.More convenient for customers.
10.Access to different accounts via the wallet.
11.Available with or without internet data and can be accessed on any network in Nigeria.
12.Instant Transaction without BVN.
Registration Requirements for firstmonie wallet
Before you can enroll for firstmonie make sure you have the following information at hand:
1.Mobile Phone: Registration can be done using any kind of mobile device
2.Active Mobile Number: Customer needs to have a registered and active mobile number as this would be the account for the Wallet
3.Data for mobile app registration. Customers would require data to download the App from Play Store or IOS store and complete registration
4.Airtime for USSD registration – Airtime as low as N4 is requested for session cost on USSD registration.
you may also read: FirstBank USSD Code: How to check statement of account, Account balance and Create Pin as well transfer money
How to Register for Firstmonie Wallet?
To register for Firstmonie, Just Download the app from either the Google Play Store or iOS app store, or you can dial *894*1# and follow the quick easy steps to create your wallet account. All you need is your mobile number.
Please Note: once you register on one channel, you need to use the 5-digit PIN created to access the two channels (USSD and Mobile App).
Tiers of Firstmonie Wallets
1. Firstmonie Classic: This type of wallet has N50,000 Inflow and outflow Limit per day with Wallet Capacity of N300,00 you can enroll for it with Name, Mobile Number, Date of Birth
2. Firstmonie Gold: This type of wallet has N200,000 Inflow and 100,000 USSD and 200,000 mobile outflow Limit per day with Wallet Capacity of N500,00 you can enroll for it with BVN and Valid means of Identification (e.g. Voters’ Card)
3. Firstmonie Platinum: This type of wallet has N5,000,000 Inflow and 100,000 USSD and 1,000,000 mobile outflow Limit per day with Wallet Capacity of N 10,000,000 you can enroll for it with KYC requirements contained in CBN AML/CFT Regulation, 2009
What is my Wallet account number?
Your Firstmonie Wallet account is the mobile number you registered with the bank
Read: How to apply for First Bank Salary Loans and FirstAdvance
How can I deposit into my Firstmonie Wallet account?
Customers can fund their wallet from a debit card (of any Bank), a FirstBank account, any active Firstmonie Wallet or at Firstmonie Agent location. Funding your wallet from a debit card costs 1% on amount while at agent location has three charges depending on the amount deposited.
How can I withdraw money from my Firstmonie Wallet?
You can withdraw money from your wallet in cash at any Firstmonie Agent Location or you transfer to any bank account in Nigeria.
How do I change my Firstmonie PIN?
You can change your Firstmonie PIN? It’s easy. Just open your profile on the app and select “Change PIN” or dial *894*1#, choose “My Account”, then select “PIN Change”
