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12 Things You Need To Know About Bank Verification Number (BVN) - Business - Nairaland

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12 Things You Need To Know About Bank Verification Number (BVN) by segtak25: 11:10am On Jun 27, 2015
Bank Verification Number, BVN, is a CBN initiative to check fraud in the banking system by giving every customer in the Nigerian banking system a unique identification number that can be verified across all banks in Nigeria. below are 7 things You Need To Know About the bank verification Number which in past week has caused a huge congestion in our banks Nationwide


Things You Need To Know About BVN

1.Your BVN gives you a unique identity that can be verified across ALL Nigerian Banks (it is not peculiar to one Bank)

2.Your Bank Accounts are protected from unauthorized access

3.It reduces fraudulent activities on bank accounts

4.Gives easy access to Banking operations

5.Your BVN is accepted as a means of identification across ALL Nigerian Banks

6.Registration in one bank covers all accounts the individual might have in all other banks

7.The deadline for registration is Tuesday, 30th June, 2015.

8. A small temporary registration acknowledgement slip will be issued to you, followed by an email or SMS conveying a similar information.

9.A BVN identification card with a computer chip bearing your embedded personal information will be issued to you for collection at your designated bank branch.

10.BVN registration is for individual account holders for the meantime till further notice.

11.Registration in one bank covers all accounts the individual might have in all other banks.

12. Its free




How far have you gone with your BVN registration and what challenges are you facing with it?

What happens to those in the diaspora with accounts




source : http://streetgist.com/things-you-need-to-know-about-bvn/

14 Likes 9 Shares

Re: 12 Things You Need To Know About Bank Verification Number (BVN) by Nobody: 11:16am On Jun 27, 2015
I did mine and I was given a code number and the guy told me I'm gonna get a message on phone till now I've gat none o but I did all my thumbprints and registeration

30 Likes

Re: 12 Things You Need To Know About Bank Verification Number (BVN) by abimbawealth(f): 11:21am On Jun 27, 2015
Ok

2 Likes

Re: 12 Things You Need To Know About Bank Verification Number (BVN) by Xslaze3xd(m): 11:29am On Jun 27, 2015
can I do it at any branch

2 Likes

Re: 12 Things You Need To Know About Bank Verification Number (BVN) by segtak25: 11:35am On Jun 27, 2015
Xslaze3xd:
can I do it at any branch
yes
Re: 12 Things You Need To Know About Bank Verification Number (BVN) by honeric01(m): 11:41am On Jun 27, 2015
What happens to those who are yet to do theirs?

2 Likes 1 Share

Re: 12 Things You Need To Know About Bank Verification Number (BVN) by Tbillz(m): 11:50am On Jun 27, 2015
Did mine weeks ago but still dont have my number. we shall get there soon. But hopefully the BVN will bring out more corrupt activities btw the banking sector too. The insect wey dey chop vegetable na under vegetable e dey.

8 Likes 2 Shares

Re: 12 Things You Need To Know About Bank Verification Number (BVN) by loomer: 11:50am On Jun 27, 2015
angry
Re: 12 Things You Need To Know About Bank Verification Number (BVN) by saxwizard(m): 11:50am On Jun 27, 2015
ok
Re: 12 Things You Need To Know About Bank Verification Number (BVN) by millionboi(m): 11:50am On Jun 27, 2015
And dat notin wil hapn 2ur money if u did nt obtain d numbr

1 Like

Re: 12 Things You Need To Know About Bank Verification Number (BVN) by ijbeauty(f): 11:50am On Jun 27, 2015
I know they will extend the deadline. Haven't done mine though...


Pls vote agarawu23 https://www.nairaland.com/2408599/mr-nairaland-contest-2015-final#35195556
Re: 12 Things You Need To Know About Bank Verification Number (BVN) by Nobody: 11:51am On Jun 27, 2015
What happens to Nigerians in diaspora that uses the bank card abroad?

10 Likes

Re: 12 Things You Need To Know About Bank Verification Number (BVN) by segtak25: 11:51am On Jun 27, 2015
Am the op . aks any question concerning BVN i will surely answer you.
Re: 12 Things You Need To Know About Bank Verification Number (BVN) by philfrey08: 11:51am On Jun 27, 2015
OMG!!! OMG!!!! OMG!!!!
I made Front-Cover....
Okay... whT are u sayin of BVN ive not done mine o... i gat five accounts

1 Like 2 Shares

Re: 12 Things You Need To Know About Bank Verification Number (BVN) by Nairalandar: 11:52am On Jun 27, 2015
CBN Good move..... Please do well to check my signature and do the needful... Thanks
Re: 12 Things You Need To Know About Bank Verification Number (BVN) by thinkdip(m): 11:52am On Jun 27, 2015
I did but I lost my number

4 Likes

Re: 12 Things You Need To Know About Bank Verification Number (BVN) by hahn(m): 11:52am On Jun 27, 2015
naija1stpikin:


Here is link
https://www.nairaland.com/2408599/mr-nairaland-contest-2015-final#35200119

How much do you pay per vote and what exactly is the point of the contest?

6 Likes

Re: 12 Things You Need To Know About Bank Verification Number (BVN) by Hollawaley(m): 11:52am On Jun 27, 2015
Nice motive.

1 Like 1 Share

Re: 12 Things You Need To Know About Bank Verification Number (BVN) by willi926(m): 11:52am On Jun 27, 2015
person wey no get acct nko. if e wan go open acct dem no go give am BVN? undecided

3 Likes

Re: 12 Things You Need To Know About Bank Verification Number (BVN) by letsbet(m): 11:52am On Jun 27, 2015
i've read it and done mine, wod else?
Re: 12 Things You Need To Know About Bank Verification Number (BVN) by niceguy7(m): 11:53am On Jun 27, 2015
segtak25:


source : http://streetgist.com/things-you-need-to-know-about-bvn/
I never even shift yansh.....since my account is frozen and my atm card has expired.

4 Likes

Re: 12 Things You Need To Know About Bank Verification Number (BVN) by ibietela2(m): 11:53am On Jun 27, 2015
Kkkk
Re: 12 Things You Need To Know About Bank Verification Number (BVN) by Nobody: 11:53am On Jun 27, 2015
What happens to those in diaspora?...

CBN has up till now not given and clear policy on that... I wonder what they have in stock...


In other news, Wike is yet to perform. angry

6 Likes 1 Share

Re: 12 Things You Need To Know About Bank Verification Number (BVN) by thinkdip(m): 11:53am On Jun 27, 2015
philfrey08:
OMG!!! OMG!!!! OMG!!!!
I made Front-Cover....
Okay... whT are u sayin of BVN ive not done mine o... i gat five accounts
Mumu , you made front cover

7 Likes

Re: 12 Things You Need To Know About Bank Verification Number (BVN) by hardywaltz(m): 11:53am On Jun 27, 2015
eziokwu
Re: 12 Things You Need To Know About Bank Verification Number (BVN) by Keenysbojan(m): 11:53am On Jun 27, 2015
are they going to close the account of those that refuse to do BVN on time?,coz i haven't done mine

2 Likes

Re: 12 Things You Need To Know About Bank Verification Number (BVN) by abimbawealth(f): 11:54am On Jun 27, 2015
adeekiti:
I did mine and I was given a code number and the guy told me I'm gonna get a message on phone till now I've gat none o but I did all my thumbprints and registeration
Go to the bank you did it, they'll definitely give you
Re: 12 Things You Need To Know About Bank Verification Number (BVN) by PStacks(m): 11:55am On Jun 27, 2015
Hope this BVN isn't the American version of that chip that people are saying its the mark of the beast! The anti-christ.

People should be careful ooo, we are in end times. Same-sex marriage just confirmed it.

People should be careful anything chip or number before person go collect mark of the beast without knowing it

6 Likes 1 Share

Re: 12 Things You Need To Know About Bank Verification Number (BVN) by Goldenheart(m): 11:55am On Jun 27, 2015
kul

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