Excellent Bank Review: The Ultimate Choice for Exceptional Banking Services in 2023



Seeking an exceptional banking service in 2023 where you can get your transaction done without hassle?


If yes, then the Excellent Bank is the ultimate choice you will never regret. Excellent Bank is that unique bank you have longed to have all this while. It is the leading Ethical fintech banking institution in Nigeria.

excellent bank review

Here, their main concern is customer satisfaction. I know you would like to learn more about this outstanding bank, so sit back and continue reading.

About Excellent Microfinance Bank

Excellent Microfinance Bank Limited was established in June 2008, and it was licensed by the Central Bank of Nigeria to operate as a microfinance bank.


It is no secret that Excellent Bank is the foremost ethical fintech banking institution in Nigeria today. The bank has been recognized for its proficiency in bringing the financially excluded population (FEP) into the financial mainstream. Over the years, it has helped to ease banking activities for everyone.

Ultimately, Excellent Bank is known for its ability to tailor its operations to cater to the needs of unbanked individuals.

Features of Excellent Bank

  • Zero transfer fees for all forms of transfer
  • Easy and fast payment with a scan-to-pay feature known as the ExcellentPay
  • You do not need to bother about ATM Card Maintenance fees
  • It has some physical customers service centers
  • It provides a smooth and convenient banking experience for you
  • Value-added services (such as loyalty programs, vouchers, e.t.c)
  • Up-to-date advanced technology
  • Transfer in a twinkle of an eye
  • It enables an easy way of opening an account free of charge
  • Hassle-free bank
  • No hidden charges
  • It operates a secure and fast mode of payment
  • Minimum balance of zero
  • 24/7 banking services
  • Personalized account officer
  • 100% User friendly

Excellent Bank Services

Excellent Bank offers various financial services to accommodate the needs of its multiple customers.

excellent bank logo

Some of the services are, but are not limited to;

  • Individual savings accounts
  • Corporate accounts
  • Scholar’s accounts
  • Ethical banking
  • Esusu savings
  • Kiddies account
  • ExcellentPay
  • Target accounts
  • Funds under management
  • And profit-sharing-based investments

Excellent Bank USSD Code

Excellent Bank’s USSD code is: *614*259#.

Transferring funds with Excellent bank USSD code is easy and free of charge.

With this code, you can send money from your Excellent bank account to any bank in Nigeria free of charge. Similarly, you can perform other forms of transactions.

Excellent Bank Mobile App

Aside from the use of the USSD code, you can perform any form of transaction on the Excellent Mobile App.


With the Excellent Bank mobile App, you can transfer your funds without extra charges.

Excellent Bank Internet Banking

The excellent bank is not left behind in the Internet banking service. With an Excellent internet bank, you can transfer funds free of charge. Also, you can achieve other forms of transactions without hassle.

Is my money Safe?

Yes, your money is 100% safe when you bank with Excellent Bank. It is a registered and licensed bank; hence you will not be scammed.

Requirements to Open an Excellent Bank Account

To open an account with Excellent Bank in Nigeria, you must have the following required documents:

  • Email address
  • Nigerian phone number
  • BVN (Bank Verification Number)
  • Smartphone with the Excellent bank App

Customers Reviews

The excellent bank is rated 5 stars on playstore by 92% of its customers.

Hence, the customer review score is 9.2

Ultimately, the overall rating by the customer is 4.6

How do I contact Excellent Bank

Although Excellent Bank is a digital bank, it has physical branches in Benue, Lagos, and Kano.

However, you do not need to visit any of its physical customers service centers before reaching them.

You can contact the customer support team if you have any concerns about your account via;

Hotline: 09160000817



Final Thought

Excellent Bank is not just convenient to use but also user-friendly because all your transfers are carried out without additional charges.

Likewise, it charges zero amount for card maintenance fees and no monthly reduction, unlike other conventional banks.

Excellent bank is more than just a bank. It is that financial partner you seek.

Join the Excellent Bank family today and experience how you would like to transact your funds.


This is for you