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The Benefits Of BVN In Nigeria - By Viklin - Business - Nairaland

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The Benefits Of BVN In Nigeria - By Viklin by vibzy: 12:05pm On Jul 18, 2017
With increase rate of compromised bank security system using passwords, PIN and OTP, there is definitely a high demand for extra security checks to secure private and personal details or transactions in the banking sector in Nigeria, and that’s why BVN is the answer to that problem.

In February 14, 2014, The Central Bank of Nigeria through the Banker’ Committee and in collaboration with all banks in Nigeria launched a centralized biometric identification system for the banking industry tagged Bank Verification Number (BVN).

BVN gives a unique identity that can be verified across the Nigerian Banking Industry (not peculiar to one Bank).
Customers Bank Accounts are protected from unauthorized access.
It will address issues of identity theft, thus cut exposure to fraud.

The BVN will enhance the Banking Industry chances of being able to fish out blacklisted customers.
Reduce queue in Banking Halls.
Standardized efficiency of Banking operations.
The Customers unique BVN is accepted as a means of identification across all Nigerian Banks.

With the instant BVN query service, you can now query your BVN on your mobile phone without going through the hassle of visiting a bank or ATM.

Check BVN (Bank Verification Number)

USSD Code: How To Know Or Check BVN Number Via Mobile – MTN, Glo, Etisalat and Airtel

Check BVN number with your mobile phone on MTN, Airtel, Etisalat or Glo network by;

Dialing the code *565*0# and NIBSS returns the BVN associated with your mobile phone number..
NB: MAKE SURE THE NUMBER USED IN DIALING THE CODE IS ASSOCIATED TO YOUR BANK ACCOUNT.

Now that you now know how to check BVN number on your phone, next is to know how to link BVN with your existing bank accounts in Nigeria (other banks you own). Here is a quick stepped guide on how to enroll for BVN if you don’t have access to a mobile phone;

How To Enroll For BVN – All Banks

To those that are just new to BVN in Nigeria, here are 5 quick steps of how to register for BVN in Nigeria if you can’t quickly get access to a mobile device, follow tips below;

Enter any bank branch of your choice.
Request, fill and submit their BVN enrolment form.
Present yourself for data capturing (such as Fingerprint, facial Image etc)
An acknowledgment slip with the transaction ID would be issued to you right away.
In less than 24 hours, you should get a message showing you your new BVN. Now, you can now link BVN with all your bank accounts.

This code works on all bank you can think of in Nigeria either with or without internet connection. This method works if you choose to link BVN with any Nigerian bank (Access, Zenith, GTBank, Fidelity, First, Ecobank, Union, Unity, FCMB, Diamond, Heritage, UBA, Jaiz, Stanbic IBTC, Wema, Skye, Sterling, Enterprise and Keystone).

N.B NOBODY CAN ACCESS YOUR BANK ACCOUNT WITH THE BVN ALONE. BVN is solely for identification purpose.


Source: http://naijaknowhow.com.ng/check-bvn-number-ussd-code/

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