Bank Verification Number Validation Portal – How To Check Bank Verification Number Details Online
Many people find it hard to check their Bank Verification Number details online. This article is designed to assist you in checking your details without hassle. Regarding the Bank Verification Number, the Bank Verification Number is one of the top tools banks can use to keep track of fraudsters. This Bank Verification Number Validation Portal is very complicated for some people. Moreover, the issue on the ground is to check your Bank Verification Number details without issues. However, this article is broken down into sections. Firstly, the first part of the article discusses the meaning of the Bank Verification Number. Secondly, it analyses the benefit of a Bank Verification Number. Additionally, it also provides the steps to enroll for a Bank Verification Number. Lastly, it also discusses the process of checking the Bank Verification Number details online.
What is a Bank Verification Number?
The Bank Verification Number is a secure identifier that is used to authenticate account holders’ information. It is an initiative of the NIBSS to protect transactions in the country. The Bank Verification Number stands as your identity when it comes to financial services. The Bank Verification Number is a unique 11-digit number to bank transactions that can be traced down by this fingerprint, facial photographs, etc. Many people in Nigwho have a Bank Verification Number. According to recent statistics, over 57 million Nigerians have a bank verification number. It serves as a database to keep files for financial transactions.
Advantages of the Bank Verification Number
1. It helps to give identity to customers. This can be traced in all banks in Nigeria.
2. Clients can trust the security the Bank Verification Number gives. It frees one from illegal or unauthorized access.
3. The Bank Verification Number helps to reduce fraud.
4. This Bank Verification Number would help get hold of blacklisted customers who disguise themselves to dupe people.
5. The Bank Verification Number helps reduce queues in the banking hall.
How to enroll for a Bank Verification Number
This section is created to enlighten you about the process of enrolling for a Bank Verification Number.
Step 1: Step into any Bank or registered FinancialInstitutions
Step 2: Fill out and Submit any Bank Verification enrollment form
Step 3: Do well to be present for any registration capturing such as Fingerprint, Facial Image, etc.
Step 4: Wait for an acknowledgment slip that will be given to you.
Step 5: Your Bank Verification Number will be given to you. This is the final process and it would be done within 24 hours.
How to check and update Bank Verification Number
You can check your Bank Verification Number status by following the steps below:
Step 1: Log in to the NIBSS Bank Verification Number validation portal here.
Step 2: Type in your bank verification number and the date of birth you used during registration.
Step 3: Tap the search button. You should get a list of options to select your preferred method of payment and pay the $25 verification fee.
READ ALSO: Palmpay Sign Up: How To Open Palmpay Account Without BVN
How to get your Bank Verification Number from your cell phone (MTN, GLO, Airtel, and 9mobile)
Before utilizing this service, be sure that the line you plan to use is the one with which the Bank Verification Number was registered. You cannot check your Bank Verification Number if you register with MTN and use an Airtel line.
However, if the sim card used to establish the account is no longer present, you should connect to the NIBSS Bank Verification Number Online Portal, input part of your information, enter your password and then click login.
However, if you still have the SIM card you used to open the account or that is linked to your bank account, proceed with these instructions.
Step 1: Dial *565*0# to connect to any network.
Step 2: Wait for your 11-digit number to appear.
Make a note of the number. You may either copy it and use it right now or store it for later. However, the service is not free, and any network provider will charge you N20 for the transaction.
The retrieval method is the same across all mobile network carriers, and there is no difference in the process regardless of the bank that issued the Bank Verification Number.
Because everyone is assigned one unique Bank Verification Number that is connected across all banks, the same code is used to check as any bank’s client. This implies that even if you have accounts with all of Nigeria’s banks, you’ll only have one number that connects them all.
FAQ
Can I block my BVN number?
You can not delete your BVN number. BVN is a secure service developed by the NIBSS.
How can I get a BVN number?
Do well to enter any financial institution in Nigeria. Do well to fill out a BVN enrollment form
How do I check my BVN with MTN?
You can check your BVN with your MTN number with * 565*0#. You will receive your number without further ado.
Can I check my account number with BVN?
The BVN doesn’t allow one to check your account number.
What is BVN?
The Bank Verification Number is a secure identifier that is used to authenticate account holders’ information. It is an initiative of the NIBSS to protect transactions in the country. This number is unique from one person to another.
Conclusion
In this article, we have seen the steps you can use to enroll for your Bank Verification Number. Also, you can see the meaning of the Bank Verification Number. You can also check and update your Bank Verification Number using the simple steps outlined above. Do well to contact the NIBSS if you notice any scrupulous actions with your account. If your account is not registered under the Bank Verification Number. Do well to contact your bank to walk you through the process of registering for a Bank Verification Number.