The Bank Verification Number (BVN) is a biometric identification system executed by the Central Bank of Nigeria in a bid to tackle the growing rate of illegal banking transactions in Nigeria.Information Guide Nigeria
The BVN is made up of 11 digits that is unique to each individual, but stays the same across all banks in Nigeria for the same individual. Currently, to own and operate a banking account in any bank in Nigeria, you must first obtain a Bank Verification Number. The BVN can be used as a form of identification and verification during any banking operations.
With the ever-increasing number of incidents/compromises on conventional security systems (e.g. password and PIN), there was a need to create better security to protect sensitive and personal information in the Banking system. Hence, the creation of the Bank Verification Number (BVN).get a BVN number
The BVN is a modern security protocol in line with the Central Bank of Nigeria Act 1958 to tackle fraudulent activities in the banking system. The BVN is only issued to individuals opening their very first bank account, after which the BVN remains the same, regardless of the number of accounts or banking institutions the individual may choose to open or bank with.10 Most Powerful Native Doctors in Nigeria
With the Bank Verification Number, you can be rest assured that your banking accounts and details are safe and secured. If you are yet to enroll for the Bank Verification number, or you have misplaced yours, worry no more. In today’s article, I’ll be showing you how to enroll and get a BVN number in Nigeria.
How to enroll for the Bank Verification Number (BVN)
To enroll for the Bank Verification Number in Nigeria, follow the procedures below:
- Step 1: Visit any bank branch in Nigeria
- Step 2: Fill and complete the BVN enrolment form
- Step 3: After submitting the enrolment form, your biometric data (fingerprint, signature, and photograph) will be captured
- Step 4: After Successful biometric capturing, you’ll receive a Ticket ID
- Step 5: Your Bank Verification Number (BVN) will be sent to your registered phone numberHow to read forex chart
Note: If you already have a Bank Verification Number (BVN), all you have to do is link your BVN with the new Bank account.
How to Link your BVN to other Bank Accounts
Every individual is entitled to one BVN number. Hence, when opening another bank account, you will be required to link your Bank Verification Number to the new account before you can proceed. To link your BVN number to your new account, follow the steps below:
- Step 1: Login to your Internet banking account
- Step 2: Navigate to BVN Linker, and click on it
- Step 3: Click on “New request”
- Step 4: Enter your BVN number
- Step 5: Select the Bank where your BVN was issued to you
- Step 6: Click on SubmitNpower recruitment
You can link your BVN Number via ATM
- Step 1: Insert your new ATM card into the ATM machine
- Step 2: Enter your 4 digit password
- Step 3: Click on Transactions
- Step 4: Click on “BVN Link”
- Step 5: Now enter your 11 digit BVN number
- Step 6: Click on submitWAEC result
How to Check your BVN number
If you have misplaced or forgotten your Bank Verification number, you can get it back easily using your registered phone number. To check your BVN number using your registered phone number, simply dial *565*0# and your BVN number will be displayed on your screen. This USSD code for checking your BVN number is valid for all network providers in Nigeria, and for all Banking institutions within the country. The cost for checking your BVN number using the USSD code is N20 for every trial.JAMB Result
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