Parallex Bank USSD Codes For Money Transfer, Airtime Purchase

Having metamorphosed from being a micro-finance bank to being a commercial bank, Parallex has continually shown an unrelenting desire to serve its customers in a very high capacity. One such channel it uses is the USSD code system. They have a plethora of them, which will be discussed in this article on the full list of Parallex bank USSD transfer codes.

Parallex Bank USSD Codes For Money Transfer, Airtime Purchase

It is important to note that you are required to perform a mandatory registration before you can begin using Parallex USSD money transfer code. This registration primarily involves you creating a four-digit PIN, as well as inputting some particulars pertaining to your Parallex bank account. Below is a comprehensive tutorial on how to go about registering.

How To Register / Activate Parallex Bank USSD Transfer Codes

  • Dial *1242# on your mobile phone
  • Enter 1 to continue with the registration
  • Enter your account number
  • Enter the other required particulars
  • Create a 4-digit PIN (Please keep in mind that this 4-digit PIN will be required to authenticate transactions done in the USSD system)

Parallex Bank Money Transfer Code

Thankfully, Parallex uses the same USSD code for both Intra (Transfer from one Parallex bank account to another Parallax bank account) and Inter (Transfer from a  Parallex bank account to an account in an entirely different bank) money transfers.

To transfer money using USSD on Parallax,

  • Simply Dial  *1242*Amount of money you decide to send *Account number of the recipient#

e.g, If I want to send 5,000 to someone whose, account number happens to be 12345678, my string of USSD code, will appear as:

  • *1242*5000*1234567890#

Parallex Airtime Purchase Code

There are two different codes for airtime recharge, one for self-recharge and the other to recharge others. They are outlined below:

  • To perform self recharge:

Simply dial *1242*Amount#

  • While to recharge others dial:

Simply dial *1242*Amount of airtime desired*Phonenumber#

Other Parallex Bank USSD Codes

  • Account Opening – *1242*0#
  • USSD Account Registration – *1242*0#
  • To Block Your Account  – *1242*911#

Wrapping up: There you have it – a comprehensive list of parallex bank USSD codes for money transfer / airtime purchase and more.

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