Access Bank Plc has successfully launched an Unstructured Supplementary Service Data (USSD) code to enable its esteemed customers to access quicker and instant loans.

The bank in a statement disclosed that the USSD code is a strategic tool for the recently-launched PayDay Loan product by the bank.

This is in partnership with Remita, PayDay Loan requires no collateral or guarantor, enabling customers to obtain loans instantly without visiting the bank, thereby enabling customers to meet their urgent financial needs before receiving their salaries.

Also, Victor Etuokwu, the bank’s Executive Director, Personal Banking, stated that… “Acquiring loans in Nigeria has always been known to be limiting – either due to access, collateral issues, including the duration of the approval process.  With our obligations to our customers especially during difficult economic periods, we are emphasizing Access Bank’s position in offering lifestyle products and services that meets their financial needs.”