Thursday, December 03, 2020

22 Banks Accepted By Branch International App In Nigeria 🇳🇬

    December 03, 2020   No comments

GT Bank Nigeria

  • There are over 20 commercial banks in Nigeria which you must atleast have an account with one to be accepted to get affordable and quick loans from Branch International. 
  • These Banks are all regulated by the Central Bank of Nigeria (CBN) 
  • A Bank Verification Number is necessary before one can open a Beanch International app account in Nigeria. 

Branch International loan app provides the fastest credit to smartphone users in Nigeria with the maximum amount disbursed as approved loan being Naira 200,000.

In Nigeria the approved loan are not sent directly to a borrower's mobile wallet like what is happening with Branch in Kenya which delivers loans via M-Pesa.

In this regard, each Branch International customer must connect his bank account to the app in order to receive approved loan amounts directly to his or her bank account. 

3 Mandatory Requirements To Own A Branch International Account 

Before a naija man or woman can get quick loans from Branch, the app requires that one must have ;

  1. BVN (Bank Verifiaction Number) also known as Biometric Verification Number 
  2. Bank Account Details 
  3. Mobile phone number or Facebook Account details 

Banks You Must Have An Account with Before Trying Branck Loans 

Unfortunately Branch doesn't accept all banks as partners. This point is important to note before you can provide your bank account details. Today I will list below the commercial banks which are regulated by the Central Bank of Nigeria (CBN) which Branch International works with to disburse customers money borrowed from the app; 

  1. ALAT by Wema Bank, 
  2. Access (Diamond) Bank, 
  3. Access Bank, 
  4. Citibank Nigeria, 
  5. Ecobank Bank,
  6. Enterprise Bank, 
  7. Fidelity Bank, 
  8. First Bank of Nigeria, 
  9. First City Monument Bank, 
  10. GT Bank, Heritage, 
  11. Keystone Bank, 
  12. Mainstreet Bank, 
  13. Polaris Bank, 
  14. Stanbic IBTC Bank, 
  15. Standard Chartered, 
  16. Sterling Bank, 
  17. Suntrust Bank, 
  18. Union Bank, 
  19. United Bank for Africa, 
  20. Unity Bank, 
  21. Wema Bank,  
  22. Zenith Bank.

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Mwabaya Katana

About Mwabaya Katana

Mwabaya Katana is a Finance Online Researcher and Writer.He is the founder of 'Loans Kenya' Blog.

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