The Bank Verification Number (BVN) is your unique identification number that can be used to validate your identity across all financial institutions in Nigeria. Your 11-digit BVN number cannot be changed or replaced. Every individual in Nigeria is entitled to a single BVN number that signifies the individual’s identity regardless of the number of accounts he/she may possess.Information Guide Nigeria
This biometric identification system was created by the Central Bank of Nigeria in collaboration with all the banks in Nigeria to tackle illegal banking transactions in Nigeria. The Bank Verification Number is extremely important to every individual, and as such it is meant to be protected and kept safe.How to get a BVN number in Nigeria
If your BVN has any incorrect information on it, or maybe your name was not correctly spelt, then you may find it hard to carry out any financial transactions. If you’re currently facing any hurdles in making financial transactions, then maybe you need to check if the information on your BVN slip is correct. Do you have a copy of your BVN slip? Is okay if you don’t, because, in today’s post, I’ll be showing you how to do a BVN printout online.do BVN Print out online
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How to print your BVN Slip
To printout your BVN data slip, follow the procedures below:Npower recruitment
- Step 1: Visit the Nigerian Inter-Bank Settlement System (NIBSS) BVN Online Portal via https://bvnvalidationportal.nibss-plc.com.ng/bvn-validation-portal/
- Step 2: Enter your 11 digit BVN number and other required details
- Step 3: Enter your password and click on Login
- Step 4: Your BVN slip will be displayed for you to print
Note: You will be charged a fee of N25 for the verification process.
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How to Verify my BVN Number
To verify your BVN number online, follow the procedures below:
- Step 1: Dial *565*1# using your registered phone number
- Step 2: Enter your 11 digit BVN number
- Step 3: Enter your correct Date of Birth
- Step 4: Click on “Send”
Note: You will be charged a fee of N25 for the verification process.
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How to Update my BVN Details Online
The process of updating your BVN details cannot be done online, you will be required to head to the bank that issued you the BVN number. After checking your BVN slip and if you found any errors or mistakes on it, or you wish to change your phone number or any data on the BVN slip, all you have to do is copy out your BVN number and visit any of the bank branch close to you. To check your BVN number using your phone, simply dial *565*0# using your registered phone number.WAEC result
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Why is BVN so important?
The Bank Verification Number was launched by the Central Bank of Nigeria in collaboration with every financial institution in Nigeria. The bank verification number is very important to both the financial institution and to customers. The following are the importance of BVN in Nigeria:
- To enhance banking operations in Nigeria
- To reduce or eliminate fraudulent activities and protect the bank customers
- To help strengthen the security of all financial institutions.
- To help simplify inter and intra bank operations
- To protect customers with multiple bank accounts
- To boost credit advancement to customers, etc.JAMB Result
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