The Central Bank of Nigeria has instructed all bank customers to link their National Identification Number (NIN) and Bank Verification Number, BVN to their bank account (s).

The apex bank had in a circular on December 1st 2023, directed that banks should place restrictions on all Tier 1 bank accounts without BVN.

Tier 1 accounts are accounts that can be opened with a valid identity or proof of address.

While some banks indicated February 29, 2024, as the deadline, some banks were silent about any deadline.

The National Identification Number (NIN) consists of 11 non-intelligible numbers randomly chosen and assigned to an individual after completing enrollment into the National Identity Database (NIDB).

Bank Verification Number (BVN) is a biometric technology with secure unique identifier to analyze human characteristics as an enhanced form of authentication for real-time security processes.

To link your BVN or NIN to your bank account, you can use one of the following methods

Link BVN,NIN to bank account via SMS

Simply text BVN/NIN, your account number, and BVN/NIN number to the number/code provided by your service provider or bank.

Link BVN,NIN to bank account via Internet Banking.

Log in to the internet banking platform of your bank, select the BVN/NIN option, click on new request, enter your BVN/NIN, select the bank where your BVN/NIN was issued, answer the secret questions and follow the instructions.

Email Request

Send an email request to your account officer

Visit Your Bank.

Visit your nearest bank branch

Bankground:

Recall the CBN had in a circular on December 1st 2023, directed that banks should place restrictions on all Tier 1 bank accounts without BVN.

Tier 1 accounts are accounts that can be opened with a valid identity or proof of address.

The maximum daily transaction limit for a Tier account is N50,000 while the maximum account balance is N300,000.
According to the circular, titled, ‘TIER-1 WALLETS AND ACCOUNTS: MANDATORY USE OF BANK VERIFICATION NUMBER (BVN) OR NATIONAL IDENTIFICATION NUMBER (NIN), the CBN said: “As part of its effort in promoting financial system stability, it becomes necessary to strengthen the Know Your Customer (KYC) procedures in financial institutions under the purview of the Central Bank of Nigeria (CBN).

“Accordingly, the CBN hereby issues an amendment to Section 1.5.3 of the Regulatory Framework for Bank Verification Number (BVN) Operations and Watch-List for the Nigerian Banking Industry (The Guidelines).

In this regard: It is mandatory for ALL Tier-1 bank accounts and wallets for individuals to have BVN and/or NIN
“It remains mandatory for Tiers 2 & 3 accounts and wallets for Individual accounts to have BVN and NIN;

“The process for account opening shall commence by electronically retrieving BVN or NIN related information from the NIBSS’ BVN or NIMC’s NIN databases and for same to become the primary information for onboarding of new customers, and all existing customer accounts/wallets for individuals with validated BVN shall be profiled in the NIBSS’’ ICAD immediately and within 24hrs of opening accounts/wallets.

Source: https://www.vanguardngr.com/2024/03/how-to-link-your-nin-bvn-to-your-bank-account/

no need for all these wahala. Banks are using AI Chatbots now to do all these simple tasks. Zenith bank is using ZIVA while UBA is using LEO. Just look for the AI Chatbot your bank is using and chat it up on Whatsapp. You can do anything from getting account statements, linking BVN/NIN, opening accounts, send money, buy data, etc.
I just linked my NIN just chatting LEO from UBA and under 30 seconds my NIN is linked. Good thing is when you link it to the bank you created your BVN, it gets automatically linked to all your bank accounts linked to that BVN. information is power.

abeg lemme goan eat my afang soup jor, no be me vote bulaba

Noted

Wahala everywhere . It is well

FTC

This whole NIN/BVN linking is very confusing, on one report they will say it is revalidation, on another they will say is targeted at accounts without NIN/BVN... Better call your bank today for clarifications, because the news is very confusing.

Everytime we are linking one thing or the other in this country. Still corruption and kidnapping is on the increase with little or no iota of tracing the culprits....

So where are the codes?

Lol…all channels tried but didn’t work…probably due to service congestion…na to enter bank go do am

So they have the clue at hand and never spread it.
Nigeria and suffering to the masses are like 5&6

Email kor, Internet banking ni.

If you like, no go bank o

Ok

I hope I can still do it next week just seeing the mail from my bank to go and link my Nin

So they have the clue at hand and never spread it.
Nigeria and suffering to the masses are like 5&6
When some people already lost there lives

Every year Nigerians are updating NIN, BVN, or PVC.
One million identification process, 0 functional database...

Crime on increase

Kidnapping on the increase

Nigeria will policy every time.....all na method to thief

people wey de abroad nko

I don login into my firstbank app, no way to link your nin .

Abeg how I fit print main national ID card?

NOT NIN NONSENSE O

how does NIN "promote financial system stability"?

which work will NIN do for a bank account that BVN is not already doing?

Its that why my gtb app no dy open? If they born them well make them scratch money

🤭

Oh all these mobile banks go hear am.
Most costumer won't even update shlt especially those ones that grew through offering loans. Those loan sharks. Loan shark mobile banks

useless elements bandits are making calls at random and collecting ransoms at will only the poor are meant to follow due process mention one senator or house of rep member you have seen at the NIMC office doing registration but they all have NINS what is the essence of capturing for NIN when you have been captured for BVN same process just to frustrate people the worst is the untrained staffs at NIMC how on earth can a male be registered as a female this country oti lo

Please I need help financially, any amount to feed.
8164287428. Opay

Just to stress the already stressed citizens.
FG should know that it's not a crime to be a Nigerian.

We suffer alot in this country and the politicians and public office holders live in high opulence.

What is it with all this stress?

IBB007:
Lol…all channels tried but didn’t work…probably due to service congestion…na to enter bank go do am

that is the whole idea which is to make sure you suffer to have access to your own funds cos am wondering what is the essence of NIN in banking when BVN is already in place

This one nor be problem.

Will kidnapping be minimized

Have successfully done it. The only palava was printing nin slip from the mobile app. Payment was not going through at all. Took several repeated attempts before it did

Ok, mine remains Access Bank, Standard Chartered Bank and First Bank who are still operating in pentium one mode, asking me to come to the bank. I cannot go to the bank and do what!

Is it BVN and NIN or BVN and/or NIN? Beau all my accounts have BVN but Opay recently started harassing me to link my NIN else they'll lock my account. Their deadline was yesterday, surprisingly, they didn't freeze it this morning as they threatened to