How To Use LotusBank Ussd Code & LotusBank Transfer Code 2024

Did you move your primary bank account to lotus bank recently? If yes, you’ll need to unlearn and relearn so much stuff. One of the first things to learn is how to use the lotus bank transfer code for transactions on your cellphone.

Using transfer codes is nothing new. Most banks offer an option to send money, receive money, pay bills, and purchase airtime using their specified transfer code. lotus bank  isn’t an exception.

With the introduction of lotus bank ussd code, you can always carry out banking transactions from your cellphone, even without an internet connection.

In this post, you’ll learn how to activate your lotus bank transfer code for seamless transactions from any mobile phone with a SIM card.

What is lotus bank ussd code?


Similar to FirstBank’s Quick Banking and UBA’s Magic Banking, lotus bank brings the flexibility of USSd banking to its users through its USSD code initiative.

With the lotus bank ussd code, you can carry out most of your banking transactions on any smartphone, even without an internet connection.

Unlike most other banks that offer a USSD banking option, lotus bank gifts users many exclusive benefits for transacting with the USSD code.

While most retail accounts support USSD code, you can’t use the lotus bank transfer code if you hold a domiciliary account, a lotus bank Children’s Account, or any Premium account tiers.

If you don’t hold any of the accounts specified above, you can proceed below to learn how to activate your USSD code account and start using lotus bank ussd code.

How to activate the lotus bank ussd code

lotus bank doesn’t automatically activate the transfer code for all eligible users. If you intend to make transactions using the USSD code, you must manually sign up through the steps outlined below.

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Lotus bank Transfer Code and latest lotus bank ussd code lotus bank sort code lotus bank address lotus bank code lotus bank ussd code

Dial *5045#

How To activate Lotus Bank USSD code for Transfer : dial *5045# Lotus Bank Transfer Code Or Lotus Bank Code, Lotus Bank users gain access to a wide array of financial services right at their fingertips.

One of the primary functions of this USSD code is to facilitate mobile money transactions. Users can check their account balances, transfer funds, and even pay bills with just a few simple keystrokes. This not only saves time but also reduces the need for physical cash, promoting a safer and more secure payment ecosystem.

How To Activate Lotus Bank Ussd Code : dial *5045# Special Lotus Bank USSD code or Lotus Bank Transfer Code on your mobile phone. After dialing the code, a menu will appear on your screen. This menu lists various services you can access using Lotus Bank USSD Code or Lotus Bank Transfer Code. Each service will have a corresponding number. Reply with the number associated with the service you want to use.

Dialing this code will evoke a prompt warning that you’ll be shelling out a N6.98 service charge for USSD transactions on the network. If you’ve used transfer codes from other banks, you should know that this is the industry standard.

  • Enter the last digits of your lotus bank debit card number

If you have an account with lotus bank, you should get to a page where you can enter the number on the debit card associated with your lotus bank account.

You only need to enter the last six digits, and you can only proceed if it matches the numbers on lotus bank records.

If you don’t have an account associated with your phone number, you’ll get a prompt with the message, accompanied by an option to create an account with lotus bank.

If you get this message despite having an account with lotus bank, you may need to contact the bank’s support to rectify the error.

  • Choose a PIN

After entering the numbers on your debit card, the following prompt will ask you to choose a PIN to secure your USSD transactions.

This PIN is different from the debit card PIN that you use to make ATM and debit transactions. Also, we don’t recommend entering your debit card PIN here, as it only makes your account less secure overall.

Remember,lotus bank USSD code is only as secure as your PIN. If someone can access your phone and your PIN, they can carry out any transaction without access to any other information relating to your account.

After entering a strong PIN twice, you should receive a confirmation message from lotus bank with your account summary.

Knowing that Lotus Bank USSD Code is *5045#, If you made it to this stage without any hitches, you’ve successfully created a Lotus Bank ussd code account. Now, you can use the *5045# Lotus Bank transfer code to make transactions on your account.

If you don’t know what transactions you can make through the USSD code feature on your phone, the next section will explain it in detail.

How to Transact Using *5045# ussd code


You’ve set up your lotus bank ussd code account; now what? How do you make regular banking transactions without ever downloading the lotus bank app?

This section outlines some use cases of the lotus bank ussd code and how you can carry out these transactions.

  • Account Opening

If you don’t have a lotus bank account already, dialing the transfer code will only result in a prompt to open an account.

Opening a lotus bank account through USSD code is easy and free, and you can get an account number without doing any paperwork.

If you want a debit card, however, you may have to visit a lotus bank branch. Your phone can’t print out a card, you know?

  • Airtime Purchase

If you purchase airtime quite frequently, you should always do it using the lotus bank ussd code.

To buy airtime using the code, dial *5045*amount*phone number# and enter your PIN to authorize the transaction.

The first 5045 lotus bank customers to purchase airtime using the lotus bank ussd code ” will get twice the recharge amount if it is N500 or more, but not more than N1,000.

  • Money Transfer

Money transfer is the most popular feature of ussd code. It allows you to transfer money to anyone with a bank account regardless of the bank.

You can make a transfer by dialing *5045*amount*recipient’s account number# on your phone. You may have to enter your PIN to authorize the transaction.

Apart from transferring money and purchasing airtime, you can also update your BVN, make cardless withdrawals, retrieve your card PIN and even block your debit card using the lotus bank ussd code.

More Bank Transfer Codes

Keystone Bank Transfer Code

Sterling Bank Transfer Code

GTBank Transfer Code

Ecobank Transfer Code

UBA Transfer Code

Wema Bank Transfer Code

Heritage Bank Transfer Code

Stanbic Ussd Code

Unity Bank Transfer Code

Polaris Bank Transfer Code

First Bank Transfer Code

Union Bank Transfer Code

Fidelity Bank Transfer Code

Zenith Bank Transfer Code

Fcmb Ussd Code

Access bank Ussd Code

Diamond bank Ussd Code

Globus Bank Ussd Code

Accion MfB Ussd Code

jaiz bank transfer ussd code

opay ussd code

standard chartered bank Ussd Code

palmpay ussd code

suntrust bank ussd code

paylater ussd code

hope bank transfer code

premium Trust Bank ussd code

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alat Ussd code

payattitude ussd code

Optimus Bank Ussd code

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rubies bank Ussd code



lotus bank ussd code makes transactions easy. Banking activities that require human presence at a bank branch are now possible from a cellphone without an internet connection.

However, you should note some of the charges and limits associated with this service.

For example, you shell out a N6.98 service charge for every transaction, and you can’t purchase airtime of over N3,000 in 24 hours.

Most people will agree that the advantages of the service eclipse these charges and limits, making USSD code is a welcome initiative.

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