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Nairaland Forum / Nairaland / General / Business / The Importance Of Bank Verification Number (BVN) (73451 Views)
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The Importance Of Bank Verification Number (BVN) by funsho75(m): 7:58am On Mar 12, 2015 |
THE Bank Verification Number, BVN, is another important step the Central Bank of Nigeria, CBN, is using to strengthen the security of banking transactions and to ensure that fraudulent transactions are minimised, if not totally eliminated. The campaign is on, but the public may not realise its importance until it closes in June 2015.www.vanguardngr.com/2015/03/importance-of-bank-verification-number/ 13 Likes 7 Shares |
Re: The Importance Of Bank Verification Number (BVN) by Nobody: 8:11am On Mar 12, 2015 |
This is the point of the entire post: The major objectives of the initiative are to protect bank customers, reduce fraud and strengthen the Nigerian banking system.Biometric enrolment is helpful to people who cannot read and write. Their finger prints and pictures would serve the same purpose as signatures. Multiple account holders would be covered with a single registration in any of the banks where they have accounts. BVN will help the banking system reduce situations where loan defaulters, for instance, move from one bank to the other and the banks extend new credits to them, without knowing their history. Banks would be able to track transactions across all banks in Nigeria with more ease. 108 Likes 6 Shares |
Re: The Importance Of Bank Verification Number (BVN) by kentochi(m): 10:00am On Mar 12, 2015 |
With help of BVN your account is secured from those yahoo guys 2 Likes 3 Shares |
Re: The Importance Of Bank Verification Number (BVN) by Gboliwe: 8:38pm On Mar 15, 2015 |
Nigerians should be encouraged to go get their BVN. This is important. Why wait till June? Obinoscopy, Ishilove please do the needful. 1 Like |
Re: The Importance Of Bank Verification Number (BVN) by Adebayolove(m): 9:16pm On Mar 15, 2015 |
Go through the attached FAQ for more info on bvn 2 Likes 3 Shares |
Re: The Importance Of Bank Verification Number (BVN) by siegfried99(m): 9:40pm On Mar 15, 2015 |
Ok sir Registered with GTB last year, will go back there soon for my BVN 1 Like |
Re: The Importance Of Bank Verification Number (BVN) by BasseyJ(m): 9:41pm On Mar 15, 2015 |
Okay |
Re: The Importance Of Bank Verification Number (BVN) by Babyboy1986(m): 9:41pm On Mar 15, 2015 |
Ok |
Re: The Importance Of Bank Verification Number (BVN) by frodobee: 9:41pm On Mar 15, 2015 |
Will it recover the looted funds? 13 Likes |
Re: The Importance Of Bank Verification Number (BVN) by Nobody: 9:41pm On Mar 15, 2015 |
What of guys who are not in the country 11 Likes |
Re: The Importance Of Bank Verification Number (BVN) by AmakaDNB(f): 9:41pm On Mar 15, 2015 |
Re: The Importance Of Bank Verification Number (BVN) by Nobody: 9:41pm On Mar 15, 2015 |
okay. Meanwhile, I've wanted to be neutral in the support of the 2 main presidential candidates. But I can't help saying #Gej till 2019 13 Likes 1 Share |
Re: The Importance Of Bank Verification Number (BVN) by simplemach(m): 9:41pm On Mar 15, 2015 |
Have done mine. But wait ooo! U mean say everybody account now go join to one? Nawaoooo. |
Re: The Importance Of Bank Verification Number (BVN) by dandydrey(m): 9:41pm On Mar 15, 2015 |
Ok 1 Like |
Re: The Importance Of Bank Verification Number (BVN) by UncleSnr(m): 9:42pm On Mar 15, 2015 |
My only problem with it is that its time consuming. |
Re: The Importance Of Bank Verification Number (BVN) by davemike1(m): 9:42pm On Mar 15, 2015 |
av done mine So Ma mind rest DIE!!!!! |
Re: The Importance Of Bank Verification Number (BVN) by 1stola: 9:42pm On Mar 15, 2015 |
Ok. SAI BUHARI. 12 Likes |
Re: The Importance Of Bank Verification Number (BVN) by adanduka: 9:42pm On Mar 15, 2015 |
Seen this on FB before |
Re: The Importance Of Bank Verification Number (BVN) by DeCritique(m): 9:42pm On Mar 15, 2015 |
Okay |
Re: The Importance Of Bank Verification Number (BVN) by stepo707: 9:42pm On Mar 15, 2015 |
Well how long does it take before am issued a BVN.I registered 3weeks ago? |
Re: The Importance Of Bank Verification Number (BVN) by Nobody: 9:43pm On Mar 15, 2015 |
This verification stuff is just not necessary. 2 Likes |
Re: The Importance Of Bank Verification Number (BVN) by Nobody: 9:44pm On Mar 15, 2015 |
I have done mine too. #TeamFBN ....buy 1GB MTN Data plan for N1,200 only. 30 days duration. Works in all devices (Andriod/iPhone, Phone or Modem). Also Convert Airtime to Cash (20% Processing Fee). Call: 08107873795. Thanks & God bless. 2 Likes |
Re: The Importance Of Bank Verification Number (BVN) by saintfizzo(m): 9:44pm On Mar 15, 2015 |
For one who uses more than one bank... do I have to get BVN for each of my Bank accounts? |
Re: The Importance Of Bank Verification Number (BVN) by hedonistic: 9:45pm On Mar 15, 2015 |
Funniest thing I have read this year. Even America's banking system loses billions of dollars every year to fraud (and our Naija boys - all the "elegushi spenders" and co - partake in this annual feast in the millions of dollars). If Fraudulent transactions have not been eliminated in the United States, it is laughable to even suggest that it is possible in Nigeria in the next 20 years. Get real. 7 Likes 1 Share |
Re: The Importance Of Bank Verification Number (BVN) by jimohibrahim(m): 9:45pm On Mar 15, 2015 |
no wonder |
Re: The Importance Of Bank Verification Number (BVN) by blackjack21(m): 9:46pm On Mar 15, 2015 |
This is the mark of the beast. You cannot buy or sell without it. I beg you my brothers to be sober. Whoever trade his life to the beast will have no life from our lord Christ. 21:45:55 Sun, Mar 15, 2015 10 Likes 1 Share |
Re: The Importance Of Bank Verification Number (BVN) by datguru: 9:46pm On Mar 15, 2015 |
Ok |
Re: The Importance Of Bank Verification Number (BVN) by ifeelgood: 9:46pm On Mar 15, 2015 |
We hear ooo. But how will this exercise detect government stolen money? 1 Like 1 Share |
Re: The Importance Of Bank Verification Number (BVN) by angrybird007: 9:46pm On Mar 15, 2015 |
D |
Re: The Importance Of Bank Verification Number (BVN) by Nobody: 9:46pm On Mar 15, 2015 |
I have done mine. Cool move by the CBN 1 Like |
Re: The Importance Of Bank Verification Number (BVN) by suptol(m): 9:46pm On Mar 15, 2015 |
I just hope this is not one of the ways those that are after the implementation of "The new world Order" are trying to get our details in other to control our finances? 7 Likes |
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