Diamond Yello Account

Diamond Y’ello product is an account combining both financial and telecommunication services as well as loyalty scheme that active MTN customers (targeted mainly at mass market and Youths) can conveniently subscribe to from their mobile phones in line with CBN Financial Inclusion Strategy just by dialing *710#.

Since the launch of this innovative proposition in August 2014 – first of its kind in Nigeria, over Nine Million, Diamond Y’ello account has been opened through collaboration with MTN and support from our partners WWB (Women World Banking) and EFInA (Enhancing Financial Innovation & Access).

Our Channels of Interaction

  • DIAMOND Y’ELLO agent locations
  • Self-service menu via the phone
  • DIAMOND Y’ELLO Mobile App
  • Diamond Bank Branches
  • MTN Connect Stores

The Diamond Y’ello App and USSD String were launched to encourage self-serve and ease transaction processing for Diamond Y’ello Customers.

The USSD string makes self-service transactions easier at all customer levels. The codes require neither airtime nor data for the customer to carry out transactions such as:

Description USSD String
Yello Transfer *710*Phone No*Amount#
Transfer To other Banks *710*Account No*Amount#
Buy Airtime-Self *710*Phone No*Amount#
Buy Airtime-Others *710*Phone No*Amount#
Check Balance and NUBAN *710*PIN#
Awuf4U *710*888*Amount#
Bill Payment *710*123*PIN#

Available offerings on Diamond Y’ello

  • Cash Deposit/Withdrawal
  • Balance Enquiry/Mini Statements
  • Account to Account Transfers
  • Transfers to 3rd Party Beneficiaries
  • Bill Payments
  • Airtime Purchase

*** No airtime or Data Required

Other Used cases

  • Disbursement of payments to multiple beneficiaries such as Grants, salaries, NGO disbursements etc.
  • Lottery and Gaming win/payments.

Additional Value Adding Services

As a bank that is focused on creating value adding solutions to all its customers, our Agent Banking proposition will increase customer reach, reduce cost-to-serve and all Diamond Y’ello account subscribers will now have access to the following additional value adding services:

  • Debit card
  • Card-less Transaction on all Diamond Bank ATMs
  • Access to micro credits and a whole lot of others coming soon.