How to Add Beneficiary on First Bank App in 2023 (Simple Guide)

You might have account(s) that you often send money to through your First Bank mobile app. Instead of typing the account details every time you want to transact, you might be wondering: how to add beneficiary on First Bank app? First Bank is one of the leading banks in the Nigeria, and their user-friendly mobile app allows customers to perform various banking tasks conveniently. Adding a beneficiary is essential if you want to make transfers to another account quickly and securely. In this article, you will learn how to save beneficiary on First Bank app—to make your transactions faster.

How to Add Beneficiary on First Bank App
How to save beneficiary on First Bank app

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How to Add Beneficiary on First Bank App

Follow the steps below to save a beneficiary on the First Bank App:

  1. Download and Install the First Bank Mobile App: Before you begin, ensure you have the First Bank Mobile App installed on your smartphone. You can find it on the App Store (for iOS users) or Google Play Store (for Android users).
  2. Log in to Your Account: Open the First Bank App and log in using your credentials (username and password). If you don’t have an account, you can register within the app.
  3. Navigate to the ‘Transfers’ Section: Once logged in, locate and tap on the ‘Transfers’ within the app.
  4. Enter the Account Details: Enter the account name, account number and bank of the beneficiary, and double check it for confirmation.
  5. Select ‘Add/Save Beneficiary’: In the ‘Transfers’ section, choose ‘Save/Add Beneficiary’.
  6. The beneficiary will be saved on your First Mobile application.
  7. Add a Description (Optional): You can add a brief description to identify the beneficiary better (e.g., “Mom’s Savings,” “Business Partner”).

Benefits of Adding Beneficiary on First Bank app

Adding beneficiaries on the First Bank app comes with several benefits, making it a convenient and secure feature for users. Here are the advantages:

  1. Efficient Fund Transfers: By adding beneficiaries, you streamline the process of transferring funds to recurring recipients. Once beneficiaries are set up, you can initiate transactions with ease, saving time and effort.
  2. Quick Access to Saved Beneficiaries: With a list of saved beneficiaries, you don’t need to repeatedly enter their details for each transaction. This reduces the chances of errors and ensures smooth transactions.
  3. Enhanced Security: First Bank’s app employs robust security measures to protect user data. Adding beneficiaries ensures secure transactions and reduces the risk of sending funds to the wrong accounts.
  4. Seamless Bill Payments: Beneficiaries can include billers, allowing you to conveniently pay bills without the hassle of re-entering payment information every time.
  5. Ease of Management: The app’s beneficiary feature enables users to easily manage their saved beneficiaries. You can add, edit, or delete beneficiaries as needed, offering full control over your transaction history.
  6. Transfer to Multiple Accounts: Whether you need to send money to family, friends, or business associates, the app allows you to add various beneficiaries, accommodating your diverse transaction requirements.

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How to Delete Beneficiary on First Bank App

To remove a beneficiary from the First Bank app, follow the steps below:

  1. Access the First Bank application using your credentials.
  2. Navigate to the ‘Transfer’ section.
  3. Locate and select ‘Saved Beneficiaries’.
  4. Select the specific beneficiary you wish to remove from the list.
  5. Finally, click ‘delete’ option, and the beneficiary will be deleted.

Conclusion

Adding a beneficiary on the First Bank app is a fundamental step to enable seamless fund transfers. By following the steps outlined in this article, you can confidently add a beneficiary and perform transactions with ease and security.

FAQs

Q1: Can I add beneficiaries from different banks on the First Bank App?

A: Yes, you can add beneficiaries from different banks on the First Bank App. Whether it’s another First Bank account or an account from another Nigerian bank, the process is straightforward.

Q2: Is there a limit to the number of beneficiaries I can add on the First Bank App?

A: First Bank does have a limit on the number of beneficiaries you can add. However, this limit may vary depending on the type of account you hold. For specific details, you can check the bank’s official website or contact their customer support.

Q3: Can I delete a beneficiary from the First Bank App?

A: Yes, you can delete a beneficiary from the First Bank App if you no longer need to make transactions to that account. Simply locate the beneficiary in the app’s ‘Transfers’ section, select ‘Delete,’ and confirm the action.

Q4: What happens if I enter the wrong beneficiary details during the addition process?

A: Entering incorrect beneficiary details can lead to transaction failures or delays, or even sending money to a wrong account. It is crucial to verify all the information before confirming the addition to ensure accurate fund transfers. Check the section “How to Delete Beneficiary on First Bank App”, to see how you can delete beneficiaries.