Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,200,104 members, 7,973,726 topics. Date: Sunday, 13 October 2024 at 02:40 AM |
Nairaland Forum / Nairaland / General / Business / 100 Most Asked Faqs About BVN In Nigeria And Abroad (1650 Views)
Top 10 Loan Apps Without BVN In Nigeria / How To Get Loans On Loan Apps Without BVN In Nigeria / Best Loan Apps Without BVN In Nigeria (2) (3) (4)
(1) (Reply)
100 Most Asked Faqs About BVN In Nigeria And Abroad by oskaaay(m): 4:23pm On Jan 10, 2019 |
Since inception in 2014, BVN has been one of the crucial aspects of Banking in Nigeria and without it no access to money in the bank. Thus, have put together top 100 BVN FAQs to answer your questions. (1) Can BVN be Done twice? No, once done you can only update your BVN information via your bank. (2) Can BVN be hacked No, BVN only contains verified information about you for banking and financially related use. Thus, it does not in itself get hacked. (3) Can BVN number be changed No, It is permanent. (4) Can BVN be blocked No, Account linked to it in a certain Bank can be blocked if you do against their banking terms but your BVN is a unique code identifying your data on BVN database. Thus, it does not get blocked. See the next question for more info. (5) Can BVN be Blacklisted? Yes, if you get an instant loan in Nigeria without Collateral for example but play smart and refused to repay your loan. Then, the loan app company could report your BVN to Credit Bureau whom in turn Blacklist it to prevent other lending platforms to give you a loan in future if they checkup you BVN with them. It can also affect getting jobs and employment in the future. Thus, I will advise any platform that requests your BVN before granting you access should be treated with care to make sure you don't leave a bad reputation that could cause your BVN to be blacklisted. (6) Can BVN be used To Steal Money No, your BVN does not directly give others access to your bank account to withdraw offline or spend your money online without your approval. Though it is advisable you don't give it out anyhow and when suspicious of anything relating to misuse of you BVN, report to your Bank(s) immediately. (7) Can BVN be Done Online No, that will elude the trust as people can easily manipulate it thereby reducing the credibility and the reliability of it. Get in touch with your Bank for details. ( Can BVN be used To transfer Money No, BVN is different from you Bank transfer functions. Don't forget that one BVN code is unique and therefore same across all banks in Nigeria. Though, when you want to transfer via your bank involving huge some they may demand BVN just to verify the account. (9) Can BVN name be changed No and Yes. No, because you are not expected to be changing your name like changing cloth � and one of the credibility of BVN is to ensure your identity remains validatable by any third party that needs to without your interference. Yes, due to things like marriage, name change etc. in such situation you will need to get some solid proof to back your claim that you are changing the name as requested by the BVN terms (Check on your Bank for details). (10) Can BVN date of birth be changed No, It is illogical, what changes your date of birth (I guess nothing) but in case you have the wrong DOB on your BVN when first registered, then you can check with your bank to help update with the actual date of birth with proof (usually government-issued birth certificate might be requested). (11) Can BVN be updated Yes, you can request to update the information coded in the BVN code but the code itself remains unique and same. (12) When Did BVN start in Nigeria BVN started in February 24th, 2014 (13) Which year Did BVN start BVN started officially in the year 2014 (February 14th) (14) Do BVN Online Nope, check with your bank instead. (15) How To Do BVN Visit your bank to register. Once done with one Bank, your code is valid across other Banks. (16) Where To Do BVN in UK Kindly speak to the Bank where you hold an account in Nigeria for help as it differs from one Bank to another. (17) How To Do BVN on Phone Dail *565*0# to check you BVN on phone registered with your Bank. (18) Can I Do BVN twice Noooooooooooooooooooo!!! (19) Where To Do BVN in Canada You are advised to speak directly with your bank for help and support. (20) Can I Do BVN Online No, visit the nearest Branch of your Bank to do BVN. (21) How To Do BVN Abroad Kindly speak to your Bank's customer care for a solution. (22) Where To Do BVN in South Africa You need to talk to your Bank for help (23) Can You Do BVN Online No (24) Does BVN Expires Yes, BVN expires after 10 years and you need to re-enroll again. I personally thought this is to ensure any changes in your data like address and others are up-to-date. (25) What Does BVN mean ....... 100 Most Asked Questions About BVN in Nigeria and Abroad 1 Like |
(1) (Reply)
I Want To Be A Recharge Cards Agent Who Can Direct Me. / Dollar2dollars Members,lets Meet / Western Union Bug, Is It True?
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 14 |