Originally posted 2022-02-04 13:28:50.
The full form of MMID is Mobile Money Identifier. This is a special security code for cardholders. Moreover, this is a seven-digit code that helps in the completion of transactions for the banks. The MMID is mostly used in the case of the IMPS method for money transfer. Also, every customer who has the option of net banking can generate their MMID through their smartphones. Several banks have extra security for their electronic transfer facilities. The bankers encrypt this code from both sides. Moreover, the code is not even available for the banks. It’s kept in the form of codes or symbols to protect the privacy of the customer.
MMID means Mobile Money Identifier. It is a special safety code for cardholders. However, this is a seven-digit code that helps in the conclusion of transactions for the banks. Every customer who has the option of net banking can generate their MMID through their smartphones.
Furthermore, the MMID for every bank account is unique. If any customer Has two bank accounts then the MMID will be different for both of them. One can also attach this number directly to the mobile numbers. In case someone forgets their MMID they can reset it using net banking or the linked mobile number. This is an important feature to enhance the security of your bank account. This also saves your time when doing the electronic transfer. The Banks are paying the most attention to reducing the frauds and data breaches of sensitive information.
Can I find my MMID number?
After logging in to the mobile app pick Smart Keys and Assistance after that you would to arrived at Account Services after that allow Show MMID Code. With this process, your 7 number MMID code will be displayed.
You can get it through SMS also.
SMS: Type MMID – last 4-digits of your bank account number and then send it to 9222208888.
After this action or receiving your SMS, the bank will send an SMS containing your 7-number MMID.
MMID (Mobile Money Identifier) is a 7-digit unique number, typically a combination of your mobile number and bank account number. MMID is a code that allows for interbank transfers via the mobile banking platform. There are 3 ways of generating an MMID: Mobile Banking, Net Banking, Phone Banking.
How do I send money using MMID?
To use MMID for fund transfers, follow these instructions.
Open the mobile banking app and log in.
Select the IMPS tab from the fund transfer area.
Start the transfer by entering the beneficiary’s phone number and MMID code.
Use an OTP or PIN that you will receive to confirm the transaction.
| Term | Full Form |
| MMID | Mobile Money Identifier |
FAQ’s
This is a special security code for the cardholders. Moreover, this is a seven-digit code that helps in the completion of transactions for the banks.
MMID is short form of Mobile Money Identifier.
Mobile Money Identifier is full form of MMID.
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