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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 for savings discipline. NO NDIC insurance.

E no be bank — na savings and investment platform. SafeLock reach 16%. 4M+ user. NO NDIC insurance. SEC regulate am.

ABOUT PiggyVest
Bank profile · we don verify am

PiggyVest na Fintech / savings platform (SEC dey regulate am) wey dem start for 2016 (10 years ago), and na Piggytech Global dey operate am. For 2026 e dey serve about 4M+ customers.

Dem start am
2016 · 10 years dey serve Nigerians
Owner company
Piggytech Global
Customer base
4M+
Bank type
Fintech / savings platform (SEC dey regulate am)
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 YEARLY COST
at typical use

If you dey do 20 transfer, 4 other-bank ATM visit, and 30 SMS alert every month:

PiggyVest2,400/year

This na the cheapest for the tracked banks at this usage pattern.

Compare with all 23 bank →
HOW TO OPEN ACCOUNT

Time to open: 2 minute · Online through app

UNIQUE FEATURES
SafeLock (16% Interest)

Lock savings for 10-1000 days with 16% interest. You no fit withdraw early — forced discipline.

Flex Dollar

Save in USD at good rate. Protect your money from naira depreciation.

Target Savings

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

⚠️ NOT NDIC Insured

PiggyVest na SEC regulate am, no be CBN. Your deposit NO get government guarantee. Na 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
QUESTIONS PEOPLE DEY ASK PASS
Answer about PiggyVest
Wetin be PiggyVest transfer charges?
bankingDetail.faqTransferA
Wetin be PiggyVest savings account interest rate?
PiggyVest dey pay 8%–16% per year on savings account balance (as of 2026). Real rate depend on balance tier and account type.
Where PiggyVest head office dey?
PiggyVest headquarters dey at 152 Herbert Macaulay Way, Yaba, Lagos, Lagos, Nigeria.
NDIC dey insure PiggyVest?
PiggyVest na SEC-regulated savings/fintech platform, no be license bank. Balance dey usually hold with partner bank wey NDIC dey insure, but the ₦0 NDIC guarantee no dey apply direct to your PiggyVest balance — read their terms well.
How I fit contact PiggyVest customer service?
Website: piggyvest.com. Phone: —. Head office visit: Yaba, Lagos.
COMPARE WITH OTHERS
FeaturePiggyVestKudaProvidus
SMS feeFREEFREE₦5
Transfer ₦5K-₦50K₦10₦10₦10
Savings rate16%12%6%
NDICNone₦2M₦5M
App rating4.6/54.5/53.8/5
Yearly cost₦2,400₦2,400₦4,200
RELATED
SAVINGS vs STOCKS
16% vs NGX +55% YTD

Where ₦1M dey grow faster — savings or NGX stock?

IN RICE BAGS
₦2,400 = 0.0 bags rice

Yearly banking charge for Lagos market term.

Back to all 23 bank wey we compare