Rand Merchant Bank Transfer Code & Exclusive Rand Merchant Bank Balance Code 2024

Rand Merchant Bank transfer Code 2024. One of the first warning signs of masochism is going to a Rand Merchant Bank branch to make financial transactions when you have a phone.

You can always download and use the Rand Merchant Bank app if you have a good internet connection. However, not everyone has access to a good internet connection, and Rand Merchant Bank knows that.

Their alternative for users without internet is the Rand Merchant Bank transfer code: *3214#. It is a simple USSD code that lets you make most of your banking transactions on your device without internet access.

It is available to all Rand Merchant Bank users in Nigeria, regardless of their network provider. This article extensively details how to activate and use the Rand Merchant Bank transfer code for your banking transactions.

How To Start Using Rand Merchant Bank Transfer Code

The first prerequisite for using any Rand Merchant Bank transfer codes is to have a Rand Merchant Bank account. If you’re reading this, I assume you already have an account, so no obsessing over this.

Next, you must register for the Rand Merchant Bank USSD Quick Banking. The registration process is simple, and as long as you have a phone and a Rand Merchant Bank account, you’re good.

Here are the detailed steps to follow to start using the Quick Banking feature with Rand Merchant Bank.

  1. Dial *3214# on your phone.

Open the phone app on your Android or iOS device and dial the USSD code for setting up Rand Merchant Bank Quick Banking.

Ensure you’re dialing this code on the phone number you used while setting up your Rand Merchant Bank account to provide a seamless link to your account, negating the need for further verifications.

When you enter this code, you should receive a message informing you that Rand Merchant Bank will deduct a ₦6.98 network charge for all transactions. You must reply to the message with “1” to accept the terms and continue.

After accepting, you’ll get a menu with three options. Reply with “2” to register for Rand Merchant Bank Quick Banking if you have a Rand Merchant Bank account.

If you don’t have a Rand Merchant Bank account, you’ll get a message that reads: “You do not have a Rand Merchant Bank account.” However, you can always create an account using the same USSD code.

2. Choose your preferred card and create a PIN.

If you have an account with Rand Merchant Bank, you should see a list of your linked debit cards, with their numbers partly masked.

Here, you can select the card you’d like to use with Rand Merchant Bank Quick Banking. You will be required to verify the card by entering its four-digit PIN. You should enter the PIN you chose while setting up the card.

Afterward, you’ll need to create a five-digit PIN. This time, the PIN isn’t for the debit card, but it’s your new Rand Merchant Bank transfer PIN.

You will need your transfer PIN whenever you’re making any transactions using the Rand Merchant Bank transfer code. So, you must choose one to secure your account from unauthorized use.

After settings up a transfer PIN, you’ve completed the setup. Using the *3214# USSD code, you can access almost every banking feature without an internet connection.

How To Use The Rand Merchant Bank Transfer Code For Transactions

Now that you’ve set up your Rand Merchant Bank account to use the Quick Banking feature, what exactly can you do with it.

In this section, you’ll learn almost everything you can do with *3214# and detailed guides on how to do them.

  1. Money transfers

Quick Banking got many official names from Rand Merchant Bank. Their website referred to it as Quick Banking and USSD Banking. However, the only one that seemed to stick was ‘transfer code,’ since that’s almost everything for which most people use it.

Transferring money from one account to another is the most popular function of Rand Merchant Bank USSD Banking, hence the name ‘Rand Merchant Bank transfer code.’

To transfer money using Rand Merchant Bank USSD code, dial *3214*1*Amount*Recipient’s account number# for Rand Merchant Bank to Rand Merchant Bank Transfer. For Rand Merchant Bank to another Bank transfer, dial *3214*2*Amount*Recipient’s account number#. You will need to enter your transfer PIN to complete the transaction.

Remember, every transaction you make using the Rand Merchant Bank transaction code will cost you N6.98, which doesn’t exclude a transfer.

2. Airtime purchase

Using Rand Merchant Bank’s *3214# USSD code, you can purchase airtime using the money from your bank account. You can buy airtime for yourself or others if you don’t exceed the N10,000 daily limit.

If you’re purchasing airtime for the phone number you used to create your first bank account, you only need to enter *3214*Airtime amount#.

However, if you’re buying airtime for other phone numbers, you will need to specify the number. You can do this by dialing *3214*Airtime amount*Recipient phone number#.

Either way, you’ll need to verify the transaction by entering your five-digit transaction PIN, and you’ll need to shell out a ₦6.98 service charge.

3. Checking account balance

If you have an account with Rand Merchant Bank and you’ve set up the Quick Banking feature, you can always check your account balance by sending BAL 20123.

To get a more detailed statement of account, dial *3214# and follow the prompt.

That’s not all you can do with the Rand Merchant Bank transfer code. If you can dig around carefully enough, you can access a whole world of other banking options without internet access.

Some of the services available via USSD include utility bill payments, creating Rand Merchant Bank accounts, linking BVN to bank accounts, among other numerous features.

However, you shell out a ₦6.98 service fee each time you use any of these features. Thus, it can be more economical to use the Rand Merchant Bank Mobile app for your transactions whenever you have internet.


With the realization that many Nigerians lack access to constant internet, more banks have adopted USSD transaction options, and Rand Merchant Bank isn’t left behind.

With their popular 3214 banking, you can access most of your favorite banking features without launching your bank app or walking to the bank.

This article details how you can set up your account to use the Rand Merchant Bank transfer code for most of your banking transactions.

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