What is BVN?
Bank Verification Number
(BVN) is a must-have for anybody who wants to access robust financial services
in Nigeria.
The BVN is like a security
number, but for banks and other financial institutions to identify an
individual with their bank account details. It’s a unique 11-digit number
allocated to you upon biometric registration.
Biometric registration
refers to the identification of an individual based on their physiological
attributes: fingerprint, voice, facial features, etc.
In the direction of tackily
the increasing compromise of customer security data like passwords and PINs,
and the challenges banks face with identity management, the Central Bank
of Nigeria (CBN), in collaboration with all Nigerian banks launched a
centralized biometric identification system called the Bank Verification Number
(BVN), on February 14, 2014.
Since then, the BVN has been used to
identify customers. But many people have issues obtaining their BVN and
accessing financial services because they forget or don’t have them
saved.
Fortunately, you don’t have to enter the
banking hall to obtain your BVN. You can check your BVN number wherever you
are, on your phone, without compromising your security. Then you can save it
for future use.
All telecom providers in Nigeria enable
users to perform this task.
How to check BVN on MTN with your phone
1. If your operator is MTN,
simply dial the USSD *565*0#, which is a code for BVN.
2. In a moment, you will
see your unique eleven digits on the screen of your phone.
3. Take into account that
this service is not free. The operator will charge you up to 20 Naira for this.
Therefore, it is recommended to save the number somewhere so that you do not
have to pay each time you need it.
You can use the *565*0# code if you are a client of a Nigerian bank that is approved by the Central Bank of Nigeria.
Now you know how to check BVN using a mobile phone. The universal code to check BVN *565*0# can be used for Nigerian mobile operators, which include MTN, Etisalat, Airtel, and Glo.
This code is a life-saver if you are wondering how to get my BVN number quickly.
Just do not forget that this service is not free of charge.
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