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Nairaland Forum / Nairaland / General / Business / The Importance Of Bank Verification Number (BVN) (73439 Views)
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Re: The Importance Of Bank Verification Number (BVN) by stepo707: 10:21pm On Mar 15, 2015 |
Gboliwe:Ok will go there 2moro.but how long does it take and how would I receive it? |
Re: The Importance Of Bank Verification Number (BVN) by twosquare(m): 10:22pm On Mar 15, 2015 |
saintfizzo:no...one bvn is meant for all. Walk into other banks you have an account with and tender your bvn given to you by the first. That's all. |
Re: The Importance Of Bank Verification Number (BVN) by siegfried99(m): 10:23pm On Mar 15, 2015 |
Humblebloke: Gboliwe: Was given a slip to come back for the bvn, I didn't get any Mssg since then, I have to go check next week then. Thanks |
Re: The Importance Of Bank Verification Number (BVN) by echelons(m): 10:23pm On Mar 15, 2015 |
njideoby: NUBAN and BVN are two different things altogether. NUBAN is just about uniformity of account numbers whereas BVN is a biometric process that makes interbank transactions smoother (among other things). 1 Like |
Re: The Importance Of Bank Verification Number (BVN) by cliper230(m): 10:24pm On Mar 15, 2015 |
Boys wey dy run local go hear am 1 Like |
Re: The Importance Of Bank Verification Number (BVN) by Gboliwe: 10:24pm On Mar 15, 2015 |
stepo707: It took me just about 15mts. I got mine by text message the next day even though they told me it would be within 48hrs |
Re: The Importance Of Bank Verification Number (BVN) by JeffreyJamez(m): 10:25pm On Mar 15, 2015 |
hedonistic: So because they can't do it,we can't? .....very shallow thinking.. mchew 1 Like |
Re: The Importance Of Bank Verification Number (BVN) by TRILLIONIAR: 10:25pm On Mar 15, 2015 |
hedonistic:lol wire wire |
Re: The Importance Of Bank Verification Number (BVN) by Optimisticgondy(m): 10:25pm On Mar 15, 2015 |
Help me o someone..I only went to withdraw at Skye Bank some weeks back only to be asked to enrol for BVN but I told them I didn't have account with them but they insisted I do it. I've not received any BVM from them since. My fear now is doing it in the bank I don't operate any account. Can anyone tell me if this is normal? |
Re: The Importance Of Bank Verification Number (BVN) by stepo707: 10:30pm On Mar 15, 2015 |
Gboliwe: Okay thanks. I did mine at zenith bank but I think I will go do at gtbank then since they are effective |
Re: The Importance Of Bank Verification Number (BVN) by echelons(m): 10:31pm On Mar 15, 2015 |
indigene: I bet you'll be one of those who will be crowding the banking hall begging for BVN enrolment in June. Don't go and get enrolled. CBN won't even bat a eyelid before closing down your zero balance account. #FishBrain. 1 Like |
Re: The Importance Of Bank Verification Number (BVN) by bongolistik(m): 10:32pm On Mar 15, 2015 |
And here is a simlified way to register and integrate all your bank account before deadline date http://highteknology..in/2015/03/how-to-register-for-compulsory-bank.html |
Re: The Importance Of Bank Verification Number (BVN) by SporaD8: 10:33pm On Mar 15, 2015 |
njideoby:My major concern is - what and where do banks keep earlier modes of verification? Are the datas safe or simply neglected? Hope we know what will happen if those sensitive information get into d wrong hands! |
Re: The Importance Of Bank Verification Number (BVN) by UncleSnr(m): 10:33pm On Mar 15, 2015 |
Gboliwe:Hmmm... I am allergic to queues especially in Banks. I have done mine, but no confirmation shaa... |
Re: The Importance Of Bank Verification Number (BVN) by leo1234(m): 10:35pm On Mar 15, 2015 |
Thanks for the information. I wasted my time doing it in two different banks(gtb and zenith bank). |
Re: The Importance Of Bank Verification Number (BVN) by wagazala: 10:38pm On Mar 15, 2015 |
Perhaps the database of the Bvn is shared with FGN and these numbers also used as Social security...ie we get an automated tax system? |
Re: The Importance Of Bank Verification Number (BVN) by USAutoBuy(m): 10:40pm On Mar 15, 2015 |
What happens to account holders outside the country? 1 Like |
Re: The Importance Of Bank Verification Number (BVN) by Malakh: 10:41pm On Mar 15, 2015 |
blackjack21:but there's no escaping it, question is what r u gonna do if you can't drive, eat, school, rent, tranasact, or even worship or even live and move in the streets of cities... |
Re: The Importance Of Bank Verification Number (BVN) by Nickymezor(f): 10:41pm On Mar 15, 2015 |
I have done mine since...Datz a great move frm CBN. I hope it's yield positive results in the long run. |
Re: The Importance Of Bank Verification Number (BVN) by airsaylongcon: 10:41pm On Mar 15, 2015 |
My biggest problem with this is that they haven't told us what they plan to do with the biometric data and how they intend to safe guard it. Besides why do we have so many silos of biometric data. Immigration collects biometric for passports. Road safety collects for driver's license. NIMC collects for NIN. All independent databases which ought to be centralised. Until they can tell me how dey plan to do data protection I am not doing. Last last I close down all all accounts and keep my money as non-Cash assets. |
Re: The Importance Of Bank Verification Number (BVN) by Nobody: 10:43pm On Mar 15, 2015 |
BiHung: I wonder oo |
Re: The Importance Of Bank Verification Number (BVN) by Anointed08(m): 10:44pm On Mar 15, 2015 |
stepo707: I don't know the situation in other banks but in First Bank of Nigeria, it takes just two weeks after registration to get your BVN through SMS. |
Re: The Importance Of Bank Verification Number (BVN) by blackjack21(m): 10:47pm On Mar 15, 2015 |
Malakh:Christ will make a way where there is no way Hallelujah 22:46:53 Sun, Mar 15, 2015 |
Re: The Importance Of Bank Verification Number (BVN) by engrhorla(m): 10:49pm On Mar 15, 2015 |
stepo707:u ar supposed 2 get ur BVN by sms under 24hours! However go to d bank with the slip u ar given to complain |
Re: The Importance Of Bank Verification Number (BVN) by onatisi(m): 10:51pm On Mar 15, 2015 |
datguru:bros u need to be better informed .there is no where bank fraud can't be perpetrated but give kudos to our banks they have done a lot .for example nigeria uses chip based payment cards ,usa banks don't use this ,that was why many people accounts were used on clone cards in usa,the american system still uses the magnetic stripe one . This bvn is biometric and with time atm cards with chip will have ur biometric information don't be surprised in the nearest future if u will required to do finger print verification before withdrawing from atm. With the bvn there are lot of benefits to the customer . 2 Likes |
Re: The Importance Of Bank Verification Number (BVN) by engrhorla(m): 10:51pm On Mar 15, 2015 |
Optimisticgondy:actually, u ar supposed to do ur bvn in a bank whr u av account! U av nothing to worry about tho! |
Re: The Importance Of Bank Verification Number (BVN) by echelons(m): 10:51pm On Mar 15, 2015 |
Optimisticgondy: It doesn't matter where you are enrolled, whether you have account there or not. It's a CBN database, not a single bank's database. If you have not gotten the BVN , just go back to that branch with the temporary ticket number you were given on enrolment. The will print the BVN for you. You can then go and submit to the banks you have accounts with. |
Re: The Importance Of Bank Verification Number (BVN) by Sleekyshuga(f): 10:53pm On Mar 15, 2015 |
I'll try to do mine b4 the month runs out.. Quite an informative post.. |
Re: The Importance Of Bank Verification Number (BVN) by JackDaniels1: 10:53pm On Mar 15, 2015 |
CBN and Bankers Committee should get serious for a while.Please ask them is there any similarities between BVN and the NIN(National IdentifIcatn Number) by NIMC.We were told over N30billion was released for this project by GEJ.Is CBN and NIMC not Federal Government agency again?This is policy somersaulting and corruptn we talk about.I see no sense in CBN going ahead to do BVN since we have NIN except NIMC is just there to mark time.It is high time CBN,NIMC and PRESIDENCY issue a public statement on this.As for me,no bank can force me to do any BVN, I have my National Identity Card which can function as BVN if properly utilized. |
Re: The Importance Of Bank Verification Number (BVN) by engrhorla(m): 10:54pm On Mar 15, 2015 |
Anointed08:I doubt u sir...1st bank, 2weeks! Anyway, d normal thing is u'll get ur bvn under 24hours by sms. If u dnt, go back 2 d bank with the slip or ticket with you That's all! |
Re: The Importance Of Bank Verification Number (BVN) by engrhorla(m): 10:57pm On Mar 15, 2015 |
JackDaniels1:Good point! But let me say NIN is for identity purpose while BVN is for financial purpose. U'll agree with me that the NIMC stuff got K-leg(hope u knw wot I mean). But truthfully, we wnt need BVN if thr is a national database or so I think |
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