How To Open Jaiz Bank Account With USSD Code On Phone

Jaiz Bank is a Nigerian financial institution that operates based on Islamic banking principles. Established in 2003, it became the first fully-fledged Islamic bank in Nigeria, providing banking services that adhere to Shariah law. 

The bank offers a range of financial products and services, including savings accounts, current accounts, investment products, and financing solutions, all designed to comply with Islamic finance principles. Jaiz Bank is a subsidiary of Jaiz Bank International Plc, which is based in the United Arab Emirates.

Jaiz Bank offers a variety of Shariah-compliant banking products and services to its customers, including:

• Savings accounts
• Current accounts
• Term deposits
• Investment accounts
• Financing products
• Trade finance products
• Treasury products

Jaiz Bank accounts operate on the principles of Islamic finance, which means that they do not charge interest. Instead, Jaiz Bank earns profits through profit-sharing arrangements with its customers.

Here are some of the benefits of opening a Jaiz Bank account:

1. Shariah-compliant banking: Jaiz Bank accounts are ideal for customers who want to bank in accordance with Islamic principles.
2. Competitive returns: Jaiz Bank offers competitive returns on its savings and investment accounts.
3. Convenient banking: Jaiz Bank offers a variety of convenient banking channels, including online banking, mobile banking, and ATM access.
4. Ethical banking: Jaiz Bank is committed to ethical banking practices and does not invest in activities that are harmful to society.

If you are interested in opening a Jaiz Bank account, follow us as we show you how to open Jaiz Bank account with USSD Code on phone.

Features of Jaiz Bank Account

Jaiz Bank accounts come with a range of features designed to meet the diverse needs of customers while adhering to Islamic banking principles. Here are some common features you can expect from Jaiz Bank accounts:

1. Shariah Compliance: Jaiz Bank accounts operate in accordance with Islamic banking principles, ensuring that all financial transactions and services offered are Shariah-compliant.
2. Various Account Types: Jaiz Bank offers different types of accounts to suit the needs of individuals, businesses, and organizations. 
3. Competitive Profit Rates: Instead of offering interest like conventional banks, Jaiz Bank provides profit-sharing arrangements on its deposit products. Customers may earn returns on their deposits based on the bank's investment activities.
4. Online and Mobile Banking: Jaiz Bank provides convenient access to account services through online banking platforms and mobile banking apps. Customers can perform various transactions, check balances, transfer funds, pay bills, and manage their accounts anytime, anywhere.
5. ATM Cards: Jaiz Bank offers debit cards linked to customers' accounts, providing convenient access to funds for purchases, withdrawals, and online transactions both locally and internationally.
6. SMS and Email Alerts: Account holders receive real-time notifications via SMS and email for transactions, account balances, and other account-related activities, enhancing security and transparency.
7. Customer Support: Jaiz Bank offers responsive customer support services to assist account holders with inquiries, account maintenance, dispute resolution, and other banking-related issues.
8. Security Measures: Jaiz Bank uses robust security measures to safeguard customers' accounts and personal information, including encryption technologies, multi-factor authentication, and fraud detection systems.

Jaiz Bank Account Opening Requirements 

To fully access Jaiz Bank's services, you must meet certain requirements. The essential requirements are:

Completed Account Opening Form: You must fill out the account opening form provided by Jaiz Bank. This form is intended to collect important information such as your personal details, contact information, and other relevant details.

Proof of Identity: A valid form of identification is required. Any government-issued ID is acceptable, including a national ID card, international passport, driver's license, or voter's card.

Proof of Address: Jaiz Bank requires proof of your residential address. This can be shown through documents such as utility bills (electricity, water, or gas), bank statements, or a tenancy agreement.

Passport-size Photographs: Recent passport-sized photos must be submitted. The number of photographs required may vary, so please confirm the exact requirements with Jaiz Bank.

Additional Requirements: Depending on the type of account you want to open, there may be other requirements. It is best to check with Jaiz Bank for specific information on additional requirements associated with your chosen account type.

How To Open Jaiz Bank Account With USSD Code On Phone

To begin the process of opening a Jaiz Bank account using the USSD code on your phone, please follow the steps below:

Dial the USSD Code: Start the account opening process by dialing the Jaiz Bank USSD code. The code for Jaiz Bank is *773#.

Provide them with Your BVN: After dialing the Jaiz Bank USSD code, you will be asked to enter your Bank Verification Number (BVN). If you don't have a BVN, you'll need to visit your nearest bank branch. If you have a BVN, enter it and click the Send button to proceed.

Try and Complete the verification process: The following section will display details associated with your account, such as your name, date of birth, and so on, on your phone screen. If these details match those you've used with other banks, click the "1" option to proceed. If there is a discrepancy, select the next option to cancel.

You will Receive Your Account Details: After successfully completing the account opening process, you will receive your Jaiz Bank account information, including your unique account number.

FAQS

Is Jaiz Bank Shariah-compliant?

Yes, Jaiz Bank operates based on Islamic banking principles, ensuring its services are Shariah-compliant.

What documents do I need to open a Jaiz Bank account?

You will need a duly completed account opening form, proof of identity (national ID, passport, driver's license), proof of address (utility bills, bank statements), passport-size photographs, and, in some cases, a specimen signature card.

Can I open Jaiz bank account online?

Yes, you can open a Jaiz Bank account online. Follow these steps:

1. Visit the official Jaiz Bank website.
2. Go to the account opening section.
3. Fill out the online account opening form with your personal details.
4. Upload the necessary documents, including proof of identity and address.
5. Submit the form, and you will receive instructions on the next steps for account activation.

How do I open a bank account with USSD?

To open a Jaiz Bank account using USSD, follow these simple steps:

1. Dial the Jaiz Bank USSD code on your phone. The code is *773#.
2. Provide your Bank Verification Number (BVN) when prompted.
3. Complete the verification process by confirming your details.
4. Upon successful verification, you will receive your Jaiz Bank account details, including your account number.

What is the code to get my Jaiz bank account number?

To get your Jaiz Bank account number using USSD, follow these steps:

1. Dial the Jaiz Bank USSD code on your phone: *773#.
2. Follow the prompts until you reach the option to check your account details.
3. Select the appropriate option to view your account number, and the information will be displayed on your screen.

Conclusion

Opening a Jaiz Bank account has never been simpler, thanks to the convenience of USSD codes. With a few simple steps, you can start on a banking experience that is consistent with your beliefs and principles.