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HOW TO OPEN A BANK ACCOUNT WITH EQUITY BANK UGANDA USING A USSD CODE ONLY

How to open abank account online

 HOW TO OPEN UP AN ACCOUNT WITH EQUITY BANK OF UGANDA JUST USING YOUR PHONE.



Equity Bank Uganda recently launched account opening using the USSD *247# code. Equity Bank Uganda says that this furthers its commitment to invest in the financial deepening and inclusion of the unbanked population in Uganda.

Using the *247# code means you do not require data or internet to access your account or initiate banking transactions. You will also be able to withdraw your money from an EquiDuuka, ATM or any of the Equity Bank Uganda branches. 

This sounds cool really, i will be taking up on the steps how you can start saving your money.

Requirements for account opening:

👉National ID/Passport/any goverment asigned ID
👉You will create an Ordinary Savings Account using this method, and this particular account doesn’t come with monthly charges.

STEPS TO START UP:

  1. On your phone keypad, dial *247#
  2. Enter your National Identification Number (NIN) to open the account.



3.You will then be asked to enter your card number. This is found just next to your NIN on your National ID.




4.Enter your given name then enter your surname

5.Read and accept Equity Bank Uganda’s terms and conditions.





Once all your records are right, you will receive a text message containing details of your bank account plus your first time PIN. 
Dial *247# to change the PIN to your preferred number. The whole process will cost you UGX 200 of your airtime. If you need a VISA Card, walk to the nearest Equity Bank Branch and get yourself one.

Features available once you have opened your account via phone.

With your new bank account, you will be able to;

  1. Inquire about your account balance
  2. Access mini statements
  3. Deposit money
  4. Transfer money from Equity to mobile wallets or between Equity accounts.
  5. Pay utility bills

To verify your account details you need the requirements below;

  1. Copy of your National identity card of both the front and back sides.
  2. A passport-size photo.
  3. Registered phone number.
  4. Equity account number.

How to Deposit Money on your Account

  1. Deposit at any agent location.
  2. Through mobile banking by dialing *185# on Airtel or *165# on MTN, select financial services, Banks/Bank deposit, select Equity bank and follow the prompts.
  3. Deposit money from any Equity bank branch.
  4. Transfer money from other banks.


Thanks alot for reading 

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