Overview of Nigerian Bank Apps with Zero Transfer Charges

The article presents eight Nigerian bank apps that allow for interbank transfers without any charges.

These apps are particularly beneficial for users involved in P2P arbitrage, as they help reduce transaction costs.

Standard Chartered Bank App

• The Standard Chartered Bank app offers no charges for all interbank local transfers.
• It features zero SMS transaction charges and free card delivery to any mailing address in Nigeria.
• This app is recommended for those engaged in P2P transactions to minimize costs.

Chipper Cash App

• The Chipper Cash app provides zero fees on all bank transfers.
• Users can avoid bank fees and the hassle of traveling to agents for money transfers.
• It is reliable for frequent transactions without incurring any charges.

Kuda Microfinance Bank App

• Kuda offers the first 25 transactions each month for free.
• It is described as a digital bank with a microfinance banking license from the central banks.
• Users benefit from free debit and credit alerts along with free interbank transfers.

Opay App

• The Opay app allows for completely free transfers.
• It includes features such as instant account opening and a free debit card with bonuses.
• Users can manage payments efficiently while enjoying free transaction services.

Carbon App

• The Carbon app facilitates free interbank transfers.
• Although primarily known for loans, it allows users to send money to all banks without charges.

Pumpy App

• The Pumpy app offers free bank transfers at any time.
• Users can transfer money to other Pumpy wallets and bank accounts without incurring fees.

Raven App

• The Raven app provides free transfers to any Nigerian bank.
• Users can perform up to 30 free transactions.

Fair Money App

• Fair Money allows for 100 free transfers each month.
• It is primarily known for loans but also supports free interbank transactions.

Conclusion

These bank apps are essential for reducing transaction costs in Nigeria, especially for users involved in Binance P2P trading.