We would like to inform you that our loans are usually disbursed into the FairMoney account created for you during your application and not your external bank account.
The loan amount can be utilized on the app such as exploring our savings plans, and making bill payments, and can also be moved to different bank accounts.
Please follow the steps below to transfer the funds to different bank accounts;
- Click on Transfer.
- Select from the existing beneficiary or click on add a new beneficiary.
- Enter the destination account number.
- Select the bank name and click on Next.
- Enter the amount and click on continue.
- Enter a description if you want.
- Click on Confirm the transfer.
- Enter your FairMoney app PIN to complete the transfer.