Keystone Bank PLC: Account Opening, Features, USSD Codes

Keystone Bank PLC formerly BankPHB is one of Nigeria’s commercial banks with amazing online and offline banking services.

Over the years, Keystone Bank PLC has focused on expanding its reach and offering a wide range of banking products and services.

The bank has aimed to provide innovative and customer-based solutions to meet the changing needs of its clients.

Regulation of Keystone Bank

As it is for other commercial financial institutions, Keystone bank is under the regulation of the Central Bank of Nigeria(CBN).

These regulations cover aspects such as capital requirements, liquidity ratios, governance standards, anti-money laundering measures, customer protection, and more.

Features of Keystone Bank

Categorically, the bank typically offers a variety of products and services to their customers, which include the following:

  • Insurance Products: Offering insurance coverage for various aspects of life, property, and businesses.
  • Merchant Services: Providing payment processing solutions for businesses.
  • Debit and Credit Cards: Offering various types of cards for easy payments and transactions.
  • Internet Banking and Mobile Banking: Digital platforms for customers to access and manage their accounts online.
  • ATM Services: Access to ATMs for cash withdrawals and other transactions.
  • Savings and Current Accounts: Basic accounts for individuals and businesses to deposit and manage their funds.
  • Fixed Deposit Accounts: Accounts with fixed terms and higher interest rates for savings.
  • Loans and Credit Facilities: Providing loans and credit lines to customers for personal or business needs.

What You Need to Open an Account

Read through the list below to know what requirements you need to open any type of account with Keystone Bank PLC.

This list is subject to certain changes depending on the purpose of the account opening. You can also walk into any of their branches nationwide for more details.

The requirements include:

  • Passport Photo.
  • First Name.
  • Last Name. 
  • Middle Name. 
  • Your Bank Verification Number).
  • Date of Birth: month/day/year.
  • Mobile Number.
  • Gender: Male/Female.
  • Email address.
  • Home address
  • A valid means of identification.

USSD Codes for Mobile Banking

Before using the Keystone transfer code, you must first have an account with the Keystone bank, a SIM card, an ID (Identification number) and a mobile phone.

The table below has all the details you need to carry out a transaction without having to visit the banking hall or the use of the internet.

Transaction DetailsUSSD code
Opening of account *7111#
Data Purchase*7111*5#
Cash Withdrawal*7111#select the service
Airtime (Self)*7111#
Airtime (others)*7111*amount*Phone number#
Transfer to Keystone*7111*amount*account number#
Transfer (other banks)*7111*amount*account number#
Deactivate account*7111*911#
BVN retrieval*7111*6#
To check balance*7111*00#
Keystone Bank Codes

By using the codes above, you save yourself the stress of going to the bank to queue up for the services.

At any point in time, quickly dial *7111# on your mobile phone to use the Keystone bank USSD code.

As long as you have a registered Keystone Bank account and a working mobile phone, you can fully use the Keystone Bank service even without any network connection.


Keystone Bank PLC has continually expanded its services, aiming to meet the diverse needs of its customers.

With a focus on innovation and customer-centricity, the bank offers a wide range of products, including savings and current accounts, loans, and digital banking solutions.

By adhering to regulations and delivering quality services, Keystone Bank strives to enhance financial inclusion and contribute to Nigeria’s economic growth.

As the bank evolves, it remains committed to providing reliable and accessible banking solutions, ensuring a positive banking experience for all its clients.

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