How to Start BVN Registration Business
The Bank Verification Number (BVN) is a unique 11-digit identification number that can be used to verify your identity across all financial institutions in Nigeria.Npower recruitment
This biometric identification system was implemented by the Central Bank of Nigeria in conjunction with all the financial institutions in Nigeria. The BVN identification system was created to curb illegal banking transactions in the country. The system works by recording and documenting the client’s personal details, fingerprints, and facial photographs.
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Live, Study and Work in Canada. No Payment is Required! Hurry Now click here to Apply >> Immigrate to CanadaEvery individual in Nigeria is entitled to a single unique 11-digit BVN number, and the number will be the same across all financial institutions in Nigeria for the same individual. It doesn’t matter if you have several accounts with different Banks, you will still have a single BVN number connecting all of them. Hence, to own and operate a banking account in Nigeria, you must first have a bank verification number.Information Guide Nigeria
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Did you know that you could make a living by starting a BVN registration business? With the nationwide enforcement of the Bank verification number (BVN) in Nigeria, millions of Nigerians nationwide are in need of the Bank Verification Number.BVN Registration Business
Initially, the enrollment for the Bank verification number was usually done at the bank, but with the increasing number of enrollees for the BVN number, the banks have given license to their BVN agents to carry out BVN enrolment for individuals across the country. In today’s post, I’ll be showing you how to register and start a BVN registration business in Nigeria.dollar to naira rate
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Starting a BVN Registration Business
To start a BVN registration business, you must first become a banking agent enabled for BVN registration. To become a Banking agent in Nigeria, you must first possess the following qualifications:How to buy JAMB Form
- Applicants must be able to read and write fluently
- Applicants must have a functioning android mobile phone or computer system
- Applicants must have an existing business outlet or provide evidence of membership of a trade association
- Applicants will be required to present a valid means of identification (Driver’s license, National ID card, International passport, or Voters card)
- Applicants would be required to present a passport-sized photograph, utility bill, tenancy agreement, property title, etc.How to access JAMB CAPS
- Applicants will be required to present their Financial account detail or statement
- Applicants will be required in some cases to pay a start-up capital
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How a become a BVN Registration Agent
To become a BVN registration agent, follow the procedures below:WAEC result
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Live, Study and Work in Canada. No Payment is Required! Hurry Now click here to Apply >> Immigrate to Canada- Step 1: Visit any bank of your choice (the bank you wish to become their agent)
- Step 2: Head to the customer service section of the bank
- Step 3: Let the banking attendant know that you wish to become an agent with the bank
- Step 4: Fill and complete the form given to you
- Step 5: Provide the required documents mentioned earlier for verification
- Step 6: Submit the application form
- Step 7: You will be notified once your request has been processed.JAMB form
Read Also: How to get a BVN number in Nigeria
Functions of a Banking Agent
A banking agent helps the bank to reach out to areas and regions where there are little or no banking operations available. The following services can be provided by a banking agent in Nigeria:JAMB Result
- BVN Registration
- Account Opening
- Balance Inquiry
- Collection of bank mails
- Cheque book request and collection
- Bills payment -Taxes, utilities, tenement rates, subscriptions, etc.
- Funds transfer (local)
- Deposit and withdrawal of cash
- Issuance of mini-statements
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