Skye Bank Transfer Code: USSD Codes for Polaris Bank in Nigeria

If you are searching for the Skye Bank transfer code, it is important to know that Skye Bank no longer exists in Nigeria. In September 2018, the Asset Management Corporation of Nigeria (AMCON) took over Skye Bank and rebranded it as Polaris Bank. All Skye Bank accounts, branches, and services were migrated to Polaris Bank.

If you held an account with Skye Bank, your account number is still valid — it now belongs to Polaris Bank. This guide covers all the current USSD codes for Polaris Bank, which are the legitimate successors to the Skye Bank USSD service.

What Happened to Skye Bank?

The Central Bank of Nigeria (CBN) revoked Skye Bank's licence on 21 September 2018 due to persistent capital deficiency. AMCON established a bridge bank — Polaris Bank Limited — to take over Skye Bank's assets, liabilities, and operations. Polaris Bank obtained a new commercial banking licence and has been operating normally since then.

Existing Skye Bank customers retained:

• Their existing account numbers
• Their existing debit cards (until expiry, then replaced with Polaris branded cards)
• Access to all former Skye Bank branches, now under the Polaris Bank brand

Polaris Bank USSD Codes (Successor to Skye Bank)

Main Menu

Dial *833# from the phone number linked to your account to access the Polaris Bank mobile banking menu.

Money Transfer

• Dial *833*1*Amount*Account Number# to transfer to another bank
• Or dial *833# → Select "Transfer" → Follow prompts

Check Account Balance

Dial *833*6# or *833# → Select "Check Balance"

Buy Airtime for Yourself

Dial *833*Amount# — e.g. *833*500# for ₦500 airtime

Buy Airtime for Another Number

Dial *833*Amount*Phone Number#

Open a Polaris Bank Account

Dial *833*0# to initiate account opening via USSD

Generate One-Time Password (OTP)

Dial *833*5# to generate a transaction OTP

How to Activate Polaris Bank USSD Banking

1. Dial *833# from the phone number registered on your account
2. Select "Activate" or "Register"
3. Enter your account number when prompted
4. Set a 4-digit USSD PIN
5. Confirm the PIN
6. You will receive an SMS confirming activation

Note: If your phone number is not registered on your account, you will need to visit a Polaris Bank branch with a valid ID to update your mobile number first.

Polaris Bank Internet and Mobile Banking

Beyond USSD, Polaris Bank offers:

• Polaris Bank Mobile App — available on Google Play Store and Apple App Store
• Internet Banking — via www.polarisbanklimited.com
• Polaris Closa — agency banking platform for cash deposits and withdrawals at registered agents