Edeson Online News: How to Open a Diamond Bank Account With Your Mobile Phone in Less Than 1 Minute Without Going to the Bank

(DYA) offers customers a safe and easy means of opening and operating a full bank account from the convenience of their MTN Mobile phone, without the hassles of tedious documentation requirements
(all registered MTN customers are automatically eligible) or the difficulty of finding or getting to bank branches, as the product is easily accessible through our network of Agents.

The Diamond Y'ello Account

With the Diamond Y'ello Account, customers will enjoy;

The convenience of opening a full bank account without the need to visit a bank branch to fill forms or provide any documentation.
Easy access to bank services through our network of Agents for deposits and withdrawals.
A full bank account with interest payments on account balances
The convenience of applying and receiving loans from their MTN Mobile phones
The ability to send and receive money to and from any bank account in Nigeria and also to non-account holders.
Go-cashless with a safe and secure means to buy airtime and pay for goods and services

To open an account in just a few seconds, simply dial *710# and select your PIN.

Click Here to view and download Agent List.

USING YOUR DIAMOND Y'ELLO ACCOUNT:

To check your account Balance

Dial *710#
Select Bank Services by typing 1 and send
From the displayed screen, type 2 and send to check your account balance.
Enter your account PIN
Account balance information will be displayed.

To buy MTN Airtime

Dial *710#
Select MTN Service by typing 2 and send
From the displayed screen, type 1 to recharge your phone or type 2 to recharge for others and send.
Enter the amount of Airtime you wish to buy
Enter the beneficiary's mobile number (no entry is required if your own mobile phone is the beneficiary)
Repeat the mobile number entered in step 5 above
Confirm the details supplied
Enter your Account PIN
You will receive a message on your phone confirming the completion of the transaction.

To Transfer Money – Y'ello Account to Y'ello Account

Dial *710#
Select Bank Services by typing 1 and send.
Options 1,2,3 will be displayed
Select Transfer Money by typing 1 and send.
Select Account to Account by typing 1 and send.
Enter receiver's NUBAN Account number
Repeat the NUBAN Account number
Enter the amount you wish to send
Enter a reference, e.g. "Gift from Peter" (optional)
Confirm the details supplied
Enter your Account PIN
You will receive a message on your phone confirming the completion of the transaction

To Transfer Money to Unbanked subscribers (Voucher Generation) (Non-MTN recipient)

Dial *710#
Select Bank Service by typing 1 and send.
Options 1,2,3 will be displayed
Select Transfer Money by typing 1 and send.
Select send to unbanked by typing 3 and send.
From the display screen,
Enter the recipient's mobile number
Repeat the mobile number
Enter the amount you wish to send
Enter reference
Select a four-digit secret code
Repeat the secret code
Confirm the details supplied
Enter your Account PIN
You will receive an SMS containing the secret code and a Token (a randomly generated twelve-digit number)
Pass on the Token and the secret code to the receiver. Thereafter, the receiver goes to a Mobile Money Agent to cash out the money.

To Transfer Money to a favourite

Dial *710#
Select Bank Service by typing 1 and send
Select Transfer Money by typing 1 and send.
Options 1,2,3 will be displayed
Select Favourites by typing 4 and send.
From the display screen,
Select Favourites by Name or Find option through typing 1 or 2 respectively and send.
Select a favourite
Enter the amount you wish to send
Type in a reference, e.g. "Gift from Peter" (optional)
Confirm the details supplied
Enter your Account PIN
You will receive a message on your phone confirming the completion of the transaction

To pay Bills for MTN Services i.e. (Postpaid subscription)

Dial *710#
Select MTN Services by typing 2 and send
Select Post Paid Subscriptions by typing 2 and send.
Options 1,2,3 will be displayed
Enter the postpaid mobile number
Enter the amount you wish to pay
Type in a reference, e.g. "July bill" (optional)
Enter your Account PIN
You will receive a message on your phone confirming the completion of the transaction.

To pay Utility bills e.g. (DSTV)

Dial *710#
Select Quick Pay by typing 3 and send
Options 1,2,3 will be displayed
From the display screen, select DSTV by typing 1
Enter the DSTV smart card number
Enter the amount you wish to pay
Enter your Account PIN
You will receive a message on your phone confirming the completion of the transaction.

To Deposit Cash into your Diamond Yello Account

Visit any Diamond Y'ello Account agent
Tell the agent how much you wish to deposit into your Diamond Y'ello Account
Hand over cash to the agent.
Give the agent your DYA NUBAN Account number
The agent will credit your account with the amount you have handed over to him for
You will receive a text message that your account has been funded with the amount you wish to deposit into your account.
Check your account balance to confirm money has entered your account

To Withdraw Cash from your Diamond Y'ello Account

Visit any Diamond Y'ello Account agent
Tell the agent how much you wish to cash-out
Follow the other instruction to withdraw amount from an agent.
Await a confirmation prompt from the system (sent by the agent to your phone) to approve cash withdrawal
Proceed to approve cash withdrawal once confirmation prompt is received.
From your Phone
Dial *710#
Options 1,2,3 will be displayed
From the display screen, select Bank Service by typing 1
Select Cash Withdrawal by typing 3 and send.
Select from Agent by typing 1 and send
View the transaction pending approval from the list
Select Approved by typing 1 and send to approve cash withdrawal
Enter your account PIN
You will receive a message confirming the success of the cash-out along with your remaining balance after the transaction.
Receive the cash from the agent