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BANKING · QUARTERLYas of 2026-07-28

PiggyVest: USSD Code, Transfer Charges, SWIFT Code & Rates

Fintech (SEC-regulated) · PiggyVest · Not NDIC-insured

AT A GLANCE
SWIFT
USSD
Savings rate
8–16%
Fixed deposit
WHY THIS BANK

Best savings discipline — SafeLock (up to 16%), Flex, Target. NOT NDIC insured.

Not a bank — savings and investment platform. SafeLock locks funds at up to 16%. 4M+ users. NOT NDIC insured. Regulated by SEC, not CBN.

ABOUT PiggyVest
Bank profile · verified

PiggyVest is a Fintech / savings platform (SEC-regulated) founded in 2016 (10 years ago), operated by Piggytech Global. As of 2026 it serves approximately 4M+ customers.

Founded
2016 · 10 years serving Nigerians
Parent company
Piggytech Global
Customer base
4M+
Bank type
Fintech / savings platform (SEC-regulated)
Website
piggyvest.com
HEAD OFFICE
PiggyVest headquarters
Address
152 Herbert Macaulay Way, Yaba, Lagos, Lagos
CHARGES
CBN-regulated · effective May 2026
Transfer <₦5,000
FREE
Transfer ₦5,000–₦50,000
₦10
Transfer >₦50,000
₦50
SMS alert
FREE
Email alert
FREE
ATM card issuance
₦1,500
ATM card maintenance· scrapped May 2026
FREE
Virtual card
FREE
Current acct maintenance· ₦0 from 2027
₦0.5/₦1,000
Hardware token
₦2,500
Min opening balance
₦0
NDIC coverage
Not NDIC-insured
TRUE ANNUAL COST
at typical usage

If you make 20 transfers, 4 other-bank ATM visits, and 30 SMS alerts per month:

PiggyVest2,400/year

This is the cheapest of the tracked banks at this usage pattern.

Compare with all 23 banks →
HOW TO OPEN AN ACCOUNT

Time to open: 2 minutes · Online via app

UNIQUE FEATURES
SafeLock (16% Interest)

Lock savings for 10-1000 days at up to 16% interest. Cannot withdraw early — enforced discipline.

Flex Dollar

Save in USD at competitive rates. Hedge against naira depreciation.

Target Savings

Set a savings goal (rent, car, wedding) — PiggyVest auto-debits your account daily/weekly/monthly.

⚠️ NOT NDIC Insured

PiggyVest is regulated by SEC, not CBN. Your deposits are NOT government-guaranteed. This is the trade-off for the higher interest rate.

APP RATINGS & CONTACT
iOS rating
4.6 / 5
Android rating
4.4 / 5
Lagos branches
0
Lagos ATMs
0
FREQUENTLY ASKED QUESTIONS
Answers about PiggyVest
What are PiggyVest's transfer charges?
bankingDetail.faqTransferA
What is PiggyVest's savings account interest rate?
PiggyVest pays 8%–16% per year on savings account balances (as of 2026). Actual rate depends on balance tier and account type.
Where is PiggyVest's head office located?
PiggyVest's headquarters is at 152 Herbert Macaulay Way, Yaba, Lagos, Lagos, Nigeria.
Is PiggyVest NDIC-insured?
PiggyVest is a SEC-regulated savings/fintech platform, not a licensed bank. Balances are typically held with partner banks that are NDIC-insured, but the ₦0 NDIC guarantee does not apply directly to your PiggyVest balance — read their terms carefully.
How can I contact PiggyVest customer service?
Website: piggyvest.com. Phone: —. Head office visits: Yaba, Lagos.
COMPARE WITH OTHERS
FeaturePiggyVestKudaProvidus
SMS feeFREEFREE₦5
Transfer ₦5K-₦50K₦10₦10₦10
Savings rate16%12%6%
NDICNone₦2M₦5M
App rating (iOS)4.6/54.5/53.8/5
Yearly cost₦2,400₦2,400₦4,200
RELATED
SAVINGS vs STOCKS
16% vs NGX +55% YTD

Where does your ₦1M grow faster — savings or NGX stocks?

IN RICE BAGS
₦2,400 = 0.0 bags of rice

Annual banking charges in Lagos market terms.

Back to all 23 banks compared