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How To Link Your NIN, BVN To Your Bank Account - Business - Nairaland

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How To Link Your NIN, BVN To Your Bank Account by Great100000: 4:45pm On Mar 01
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/

11 Likes 5 Shares

Re: How To Link Your NIN, BVN To Your Bank Account by TechCapon(m): 5:05pm On Mar 01
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 grin

73 Likes 15 Shares

Re: How To Link Your NIN, BVN To Your Bank Account by JulianBond007: 5:05pm On Mar 01
Noted

2 Likes

Re: How To Link Your NIN, BVN To Your Bank Account by Johnsonibx(m): 5:05pm On Mar 01
Wahala everywhere grin grin grin. It is well

3 Likes 1 Share

Re: How To Link Your NIN, BVN To Your Bank Account by Luu40: 5:05pm On Mar 01
FTC

1 Like

Re: How To Link Your NIN, BVN To Your Bank Account by ugwumichael(m): 5:05pm On Mar 01
Re: How To Link Your NIN, BVN To Your Bank Account by o123456789(m): 5:05pm On Mar 01
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.

29 Likes 3 Shares

Re: How To Link Your NIN, BVN To Your Bank Account by Gbyte02: 5:05pm On Mar 01
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....

114 Likes 4 Shares

Re: How To Link Your NIN, BVN To Your Bank Account by victorazy(m): 5:06pm On Mar 01
So where are the codes?

14 Likes 2 Shares

Re: How To Link Your NIN, BVN To Your Bank Account by IBB007: 5:06pm On Mar 01
Lol…all channels tried but didn’t work…probably due to service congestion…na to enter bank go do am

5 Likes

Re: How To Link Your NIN, BVN To Your Bank Account by atobs4real(m): 5:06pm On Mar 01
So they have the clue at hand and never spread it.
Nigeria and suffering to the masses are like 5&6

6 Likes 1 Share

Re: How To Link Your NIN, BVN To Your Bank Account by DesChyko: 5:06pm On Mar 01
Email kor, Internet banking ni.

If you like, no go bank o

7 Likes

Re: How To Link Your NIN, BVN To Your Bank Account by williams2326(m): 5:07pm On Mar 01
Ok
Re: How To Link Your NIN, BVN To Your Bank Account by LORDLARGE(m): 5:07pm On Mar 01
I hope I can still do it next week just seeing the mail from my bank to go and link my Nin undecided
Re: How To Link Your NIN, BVN To Your Bank Account by atobs4real(m): 5:07pm On Mar 01
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

6 Likes

Re: How To Link Your NIN, BVN To Your Bank Account by Helpfromabove1(m): 5:07pm On Mar 01
Every year Nigerians are updating NIN, BVN, or PVC.
One million identification process, 0 functional database...

Crime on increase

Kidnapping on the increase

50 Likes 4 Shares

Re: How To Link Your NIN, BVN To Your Bank Account by kaytolee(m): 5:07pm On Mar 01
Nigeria will policy every time.....all na method to thief

4 Likes

Re: How To Link Your NIN, BVN To Your Bank Account by WebSurfer(m): 5:07pm On Mar 01
people wey de abroad nko

11 Likes

Re: How To Link Your NIN, BVN To Your Bank Account by Gkay1(m): 5:07pm On Mar 01
I don login into my firstbank app, no way to link your nin .

1 Like

Re: How To Link Your NIN, BVN To Your Bank Account by Jh0wsef(m): 5:08pm On Mar 01
Abeg how I fit print main national ID card?

NOT NIN NONSENSE O

2 Likes

Re: How To Link Your NIN, BVN To Your Bank Account by lexy2014: 5:09pm On Mar 01
how does NIN "promote financial system stability"?

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

23 Likes 1 Share

Re: How To Link Your NIN, BVN To Your Bank Account by Kaycee9242(m): 5:09pm On Mar 01
Its that why my gtb app no dy open? If they born them well make them scratch money

4 Likes

Re: How To Link Your NIN, BVN To Your Bank Account by Houseofglam7(f): 5:09pm On Mar 01
🤭
Re: How To Link Your NIN, BVN To Your Bank Account by MoonWater: 5:09pm On Mar 01
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

2 Likes

Re: How To Link Your NIN, BVN To Your Bank Account by edungene7: 5:09pm On Mar 01
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

8 Likes

Re: How To Link Your NIN, BVN To Your Bank Account by Revere27: 5:09pm On Mar 01
Please I need help financially, any amount to feed.
8164287428. Opay

3 Likes 1 Share

Re: How To Link Your NIN, BVN To Your Bank Account by peleson1: 5:10pm On Mar 01
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?

10 Likes

Re: How To Link Your NIN, BVN To Your Bank Account by lexy2014: 5:10pm On Mar 01
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

7 Likes 1 Share

Re: How To Link Your NIN, BVN To Your Bank Account by Leonard04: 5:10pm On Mar 01
This one nor be problem.

Will kidnapping be minimized

1 Like

Re: How To Link Your NIN, BVN To Your Bank Account by nairalanda1(m): 5:11pm On Mar 01
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

24 Likes

Re: How To Link Your NIN, BVN To Your Bank Account by Mopolchi: 5:11pm On Mar 01
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!

2 Likes

Re: How To Link Your NIN, BVN To Your Bank Account by Stephench: 5:11pm On Mar 01
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

5 Likes

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