In, 2014, diamond bank and MTN partnered to create a special product for MTN customers. The Diamond y’ello account was launched. It combined both financial and telecommunication services, which also includes a loyalty scheme for all MTN subscribers, with youths as its major target. In order to ensure easy access for these customers, the 710 code was launched. The diamond y’ello product was so successful that over six million, four hundred thousand accounts were opened (this is authentic info from the horse’s mouth, if you don’t believe, google it or better still check the diamond bank site – I was shocked when I read it too; just imagine how many customers they have). The product/service was aimed at encouraging ease of transaction processing for diamond y’ello customers.
Good news too, it requires neither airtime nor data to carry out the transactions just like every other bank ussd codes. All transactions to be performed using 710 include the following:
Diamond Mobile Banking: How To Open A Diamond Yello Account
To open diamond y’ello account, just dial *710# and follow the process below
- Enter your first name
- Enter your last name
- Enter pin
- Confirm pin
And you’ll receive your account number in a matter of minutes. Also, make sure you can remember your pin, because it will be required for every transaction.
How To Check Diamond Bank Account Balance
For balance enquiry, just dial *710*556*pin# and follow the prompt
Diamond Bank Airtime Recharge
For airtime purchase, just dial *710*555*phone number*amount*pin#
Diamond Bank Mobile Money Transfer
For bank to bank transfer, just dial *710*777*account number*amount*pin#
For diamond y’ello to diamond y’ello transfers, just dial *70*710*phone number*amount*pin#
How To Make Other Payments With Diamond Yello Account
For bills payment, just dial *710*123*pin#
It is awesome that there is a partnership between two organizations that brought about this beautiful idea of making life easy for customers by using ussd code to perform basic bank transactions. Seriously, this partnership pioneered the whole ussd banking and we are thankful for that. However, it is sad that account holders of the bank do not get to enjoy this service if they are not on the diamond y’ello package. Methinks the bank should find a way to incorporate it in their other account package. I rest my case.