Moniepoint USSD Code: Guide for Offline Banking

If you are looking for a way to manage your money without relying on internet access, Moniepoint’s USSD code *5573# is the answer. This simple numeric code allows you to perform essential banking transactions directly from your mobile phone. You can transfer funds, check balances, buy airtime, pay bills, and even access loans.

Why Use Moniepoint’s USSD Code?

Many Nigerians live in areas with unstable or expensive internet connections. Moniepoint USSD banking solves this problem by allowing offline transactions. You do not need a smartphone or a data plan; even basic feature phones can access the system.

• Convenience: Perform transactions anytime without visiting a bank or opening an app.
• Speed: Transfers and payments are completed within minutes.
• Security: All transactions are PIN-protected.
• Accessibility: Works on all mobile networks in Nigeria.

How to Activate Moniepoint USSD Banking

Just like activating opay ussd code or PalmPay ussd code, activating your USSD service is quick. Follow these steps:

1. Dial *5573# on your mobile phone.
2. Enter your Moniepoint account number.
3. Create a 4-digit PIN for secure transactions.
4. Confirm your PIN to activate the service.
5. You will receive a confirmation message indicating that your USSD banking is ready.

Tip: Memorize your PIN and never share it. The system will prompt you for the PIN each time you perform a transaction.

Services Available with Moniepoint USSD Code

The Moniepoint USSD code allows you to perform a wide range of banking functions without internet. Here’s a breakdown:

1. Money Transfers

• Transfer funds between Moniepoint accounts instantly.
• Send money to other banks using NIP or standard transfer channels.
• Transactions are completed in real-time and a confirmation message is sent.

2. Balance Inquiry

• Check your account balance quickly by dialing the code and entering your PIN.
• Receive a detailed SMS with your available funds.
• Ideal for keeping track of spending without visiting an ATM.

3. Airtime & Data Purchases

• Buy airtime for any Nigerian mobile network.
• Purchase data bundles directly from your account.
• No internet connection is required; all confirmation is sent via SMS.

4. Bills and Utilities Payments

• Pay electricity, water, and other utility bills using your Moniepoint account.
• Set up recurring payments for convenience.
• Receive confirmation and receipt codes for proof of payment.

5. Loans and Savings Access

• Apply for microloans directly via USSD.
• Check loan eligibility and repayment schedules.
• Access savings account balances and deposit funds offline.

Step-by-Step Transaction Example

Here’s how a typical fund transfer works:

1. Dial *5573# on your phone.
2. Select 1 – Transfer Funds.
3. Enter the recipient’s account number.
4. Enter the amount you want to send.
5. Enter your 4-digit PIN to authorize the transaction.
6. Receive an SMS confirmation for the successful transfer.

This process typically takes less than two minutes, making it ideal for urgent payments without internet access.

Security Measures

Moniepoint ensures your transactions remain secure. Key safety features include:

• PIN Protection: Every transaction requires your personal 4-digit PIN.
• Transaction Alerts: Receive instant SMS notifications for every debit or credit.
• Account Blocking: You can temporarily block your account via USSD in case of phone theft.
• Encrypted Communication: Data sent through USSD is encrypted, preventing interception.

Common Issues and How to Solve Them

While Moniepoint USSD is reliable, users may encounter minor problems. Here’s what to do:

• Network Errors: Ensure your mobile network has adequate coverage. Try redialing the code after a few minutes.
• Incorrect PIN: Reset your PIN using the USSD menu or contact Moniepoint support.
• Failed Transactions: Confirm the recipient account details and available balance before retrying.
• Service Unavailable: Certain banks may experience temporary downtime. Wait and try again later.

Why Moniepoint USSD Stands Out

Moniepoint’s USSD banking is one of the most accessible financial tools for Nigerians. Its simplicity, speed, and reliability make it ideal for:

• Rural communities with limited internet.
• Users without smartphones.
• Quick payments for small businesses and vendors.
• Daily financial management without logging into apps.

Key takeaway: With *5573#, you can handle almost all essential banking operations offline while keeping your money safe and accessible.

Advanced Tips for Using Moniepoint USSD Code

To get the most out of Moniepoint’s USSD banking, follow these advanced tips. They can save time and prevent common mistakes while ensuring your transactions remain secure.

• Save Frequent Recipients: You can store regularly used account numbers for faster transfers. This avoids manual entry errors.
• Check Transaction History: Some Moniepoint accounts allow you to view recent transactions via USSD. Always verify before repeating a payment.
• Set Limits: If you frequently perform high-value transactions, consider setting daily limits for added security.
• Use USSD Shortcuts: Memorise menu options like 1 for transfers, 2 for airtime, 3 for bills to reduce dialling steps.
• Keep Your SIM Secure: USSD relies on your SIM card. Protect it with a PIN and report lost SIMs immediately.

Transaction Limits and Fees

Moniepoint USSD transactions are designed to be affordable and accessible. Here’s a quick breakdown:

Note that daily limits can vary depending on your account type and verification level. Always check with Moniepoint for updated limits.

Moniepoint USSD vs Other Offline Banking Options

While many Nigerian banks offer USSD codes, Moniepoint stands out for reliability, simplicity, and reach. Let’s compare:

This comparison shows Moniepoint’s USSD is ideal for users needing fast, secure, and offline access to financial services.

Buying Airtime and Data via USSD

Purchasing airtime and data is simple. Here’s the step-by-step guide:

1. Dial *5573#.
2. Select 2 – Airtime/Data.
3. Choose the mobile network of the recipient or yourself.
4. Enter the phone number.
5. Enter the amount of airtime or data bundle.
6. Confirm with your 4-digit PIN.
7. Receive an SMS confirmation with the amount credited.

Tip: Bulk airtime purchases are possible for business owners or vendors. Check your account limit before attempting.

Paying Bills Using Moniepoint USSD

You can pay electricity, water, cable TV, and other utility bills through USSD. Steps:

1. Dial *5573#.
2. Select 3 – Bills/Utilities.
3. Choose the type of bill (e.g., electricity, DSTV).
4. Enter account or meter number.
5. Enter the payment amount.
6. Confirm with your PIN.
7. Receive SMS confirmation with a receipt code.

Payments are fast and reduce the need to queue at payment centres.

Loan Access via USSD

Moniepoint provides microloan services via USSD for eligible users. Here’s how to apply:

1. Dial *5573#.
2. Select 4 – Loan Services.
3. Check eligibility and maximum loan amount.
4. Enter the amount you wish to borrow.
5. Confirm with your PIN.
6. Loan is approved instantly if you meet criteria, and funds are credited to your account.

Repayments can also be done through USSD, making the entire process offline and seamless.

Real-Life Use Cases

Moniepoint USSD has transformed financial accessibility in Nigeria. Some examples:

• Small business owner: Daily sales deposits can be sent instantly to their Moniepoint account without internet.
• Rural farmer: Receives subsidies or loans without travelling to a bank branch.
• Students: Buy airtime or pay utility bills directly from their feature phones.
• Market traders: Quick fund transfers and airtime top-ups reduce downtime.

These examples demonstrate how USSD banking bridges the gap between digital finance and offline accessibility.

Tips for Smooth USSD Transactions

• Ensure you have sufficient airtime or account balance before starting.
• Double-check account numbers before confirming transactions.
• Perform transactions during stable network periods to avoid errors.
• Keep your phone’s software updated for better USSD compatibility.
• Regularly check your balance to track spending.

Troubleshooting Common Moniepoint USSD Issues

Even though Moniepoint USSD is reliable, users occasionally encounter problems. Here’s a practical guide to resolving them quickly.

1. USSD Not Responding

• Check network signal strength; weak signals can prevent the USSD menu from loading.
• Try restarting your phone before redialling *5573#.
• Ensure your SIM card is active and registered with a Nigerian mobile network.

2. Transaction Failed

• Confirm the recipient account number is correct.
• Check your available balance and daily transfer limit.
• Retry the transaction after a few minutes if the server is temporarily busy.

3. Incorrect PIN

• If you enter the wrong PIN multiple times, your USSD service may temporarily lock.
• Reset your PIN using the USSD menu or contact Moniepoint customer support.
• Never share your PIN to maintain account security.

4. Mobile Money Not Reflecting

• Check your transaction history via USSD for confirmation.
• Wait a few minutes for network processing delays.
• Contact Moniepoint support if the issue persists.

Moniepoint USSD vs Moniepoint App

Many users wonder whether to rely on the USSD code or download the Moniepoint app. Here’s a side-by-side comparison:

**Key takeaway:** USSD is perfect for quick, offline transactions, while the app is better for visual dashboards, analytics, and account management.

International Transfers via Moniepoint USSD

Currently, Moniepoint USSD is primarily designed for domestic transactions. However, there are options for sending money abroad using partner banks:

• Dial *5573# to check available transfer services.
• Select “International Transfers” if available on your account.
• Provide recipient details, including SWIFT/BIC codes and country.
• Confirm with your 4-digit PIN.
• Note that international transactions may take 1–3 business days and incur higher fees.

For users frequently sending money abroad, Moniepoint suggests using the app or partnered banking platforms for smoother international processing.

Business Use Cases for Moniepoint USSD

Moniepoint USSD is particularly beneficial for small and medium-sized enterprises (SMEs), vendors, and traders. Key applications include:

• Daily Sales Deposits: Vendors can deposit cash from daily sales directly into Moniepoint accounts.
• Bulk Payments: Companies can pay multiple suppliers quickly using USSD shortcuts.
• Utility Management: Businesses can pay electricity or water bills for offices without internet.
• Employee Payroll: SMEs can distribute salaries instantly to staff accounts using USSD transfers.
• Loan Access: Short-term microloans for inventory or operational expenses can be accessed through USSD.

These use cases demonstrate the flexibility of Moniepoint USSD for both personal and business financial management.

Tips for Business Users

• Maintain an updated record of frequent recipient accounts for quicker transfers.
• Set transaction alerts for security and accountability.
• Use PIN-protected phones to prevent unauthorised access.
• Schedule transfers during off-peak hours for smoother processing.
• Educate staff on USSD usage to prevent transaction errors.

Recent Updates and Trends (2025)

Moniepoint continues to expand USSD services in 2025. Notable updates include:

• Support for airtime bundles across all Nigerian networks.
• Integration with utility billers for instant payments.
• Enhanced security with 4-digit PIN validation for every transaction.
• Expanded USSD compatibility for microloan applications.
• Faster processing for transfers between Moniepoint accounts.

These updates make the USSD platform increasingly reliable and versatile for users in Nigeria.

Best Practices for Optimal Use

• Keep a record of all USSD transaction confirmations for auditing purposes.
• Regularly monitor your account balance to prevent overdrafts.
• Report any suspicious activity immediately to Moniepoint support.
• Use USSD menus efficiently by memorising shortcut numbers for frequent actions.
• Confirm transaction fees before completing transfers to avoid surprises.

Sources

• Official Moniepoint USSD Page
• Nairaland USSD User Guide
• Pulse NG USSD Overview
• USSD Comparison with Other Banks

Frequently Asked Questions About Moniepoint USSD Code

1. What is the Moniepoint USSD code?

The Moniepoint USSD code is *5573#. It allows users to perform banking transactions like fund transfers, balance inquiries, airtime purchases, bill payments, and loan applications without internet access.

2. Who can use Moniepoint USSD banking?

Any Moniepoint account holder in Nigeria with a registered SIM card can use the USSD service. It works on all mobile networks and both feature phones and smartphones.

3. Are USSD transactions secure?

Yes. Each transaction is PIN-protected and encrypted. You receive SMS confirmations for all completed transactions, and accounts can be temporarily blocked in case of phone loss or theft.

4. Can I transfer money to other banks using USSD?

Yes. You can send money to other bank accounts in Nigeria via USSD. Be aware of daily limits and fees, which vary depending on the amount and recipient bank.

5. How much does it cost to use Moniepoint USSD?

Fees are minimal. Transfers between Moniepoint accounts cost around ₦10, while interbank transfers may cost ₦50. Airtime, data, and bill payments incur small fixed fees depending on the service.

6. Can I apply for a loan via USSD?

Yes. Microloans are available through USSD for eligible account holders. The process is fast: check eligibility, enter the amount, confirm with your PIN, and receive funds instantly.

7. What should I do if my USSD service fails?

Check your network signal and ensure your SIM card is active. Restart your phone and redial *5573#. If problems persist, contact Moniepoint customer support for assistance.

8. Can I buy airtime or data for someone else?

Yes. Moniepoint USSD allows airtime or data purchases for any Nigerian mobile number. Simply enter the recipient’s phone number and confirm the transaction.

9. Is Moniepoint USSD available outside Nigeria?

No. The USSD code is designed for Nigerian users. For international transfers, you may need to use the Moniepoint app or partner banks.

Final Tips for Effective USSD Banking

• Always memorise or securely store your PIN; never share it with anyone.
• Verify recipient account numbers before confirming transfers.
• Perform transactions in areas with strong network signals to avoid errors.
• Check SMS confirmations to ensure transactions were successful.
• Use USSD for urgent or small-value transactions and the app for larger, complex operations.
• Regularly monitor your account for unusual activity to prevent fraud.
• Educate family or staff members on safe USSD usage practices.

Conclusion

Moniepoint USSD banking is a simple yet powerful tool for managing your finances offline. With *5573#, you can transfer funds, check balances, pay bills, buy airtime, and access loans—all without internet access. The service is fast, secure, and accessible on all mobile networks in Nigeria. Whether you are a student, small business owner, or rural resident, USSD banking offers convenience and reliability.

By following this guide, you can maximise your USSD experience, avoid common errors, and manage your money efficiently. Remember to keep your PIN safe, confirm transactions, and use the service within daily limits. With Moniepoint USSD, offline banking has never been easier or more reliable.