How To Check Bank Verification Number in Nigeria

BVN or Bank Verification Number is a unique identification number that is assigned to every bank customer in Nigeria. It is used to verify the identity of bank customers and to prevent fraud.

If you are a bank customer in Nigeria, it is important to know how to check your Bank Verification Number. In this article post, we will show you how to do just that. We will also provide some tips on what to do if you forget your BVN or if it is lost or stolen.

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What is BVN?

BVN is an acronym that stands for Bank Verification Number. It is a unique 10-digit number assigned to every customer of a Nigerian bank by the Central Bank of Nigeria. The BVN was introduced in February 2014 in a bid to reduce fraudulent activities in the Nigerian banking system.

To check your BVN, you will need to visit your bank’s branch and request a printout of your BVN details. Alternatively, you can also check your BVN online via the CBN’s official website or through your bank’s internet banking portal.

How to get your BVN

It is now mandatory for all bank customers in Nigeria to have a Bank Verification Number (BVN). This unique number is used to identify bank customers and helps to prevent fraud.

If you do not have a BVN, you will not be able to open a bank account or access your existing bank account. In this article, we will show you how to get your BVN.

To get your BVN, you will need to visit your bank branch and fill out a form. Alternatively, you can also apply for your BVN online. Once you have submitted the form, you will need to provide your biometric data, such as your fingerprint or iris scan.

Your BVN will be generated and sent to you within 24 hours. You can then use it to access your bank account or any other financial services that require a BVN.

How to check your Bank Verification Number

To check your Bank Verification Number (BVN) in Nigeria, follow these steps:

• Log into your online banking account.
• Navigate to the “Personal” or “Profile” section.
• Your BVN should be listed under your personal information.

If you’re not able to find your BVN online, you can also visit any branch of your bank and request a copy of your BVN statement.

How to check BVN on MTN, Airtel, GLO, and 9mobile

The first thing to do before using this service is to ensure that whatever line you wish to use is the one you registered the BVN with. If you registered with MTN, you can’t use an Airtel line to check your BVN. 

After that has been established, you can now go ahead and check your BVN with these simple steps:

• Go to your phone dialer and dial the USSD code *565*0#.
• Wait a bit until the 11-digit number pops up.
• Copy the number. You can either copy it for immediate use or save it for later. However, the service is not free and you’ll be charged 20 naira for the transaction. So, saving for later use is advisable for people who can’t afford to tip telecom companies a whole 20 naira every time they check their BVN.

What to do if you forget your BVN

If you forget your Bank Verification Number (BVN), there are a few things you can do to retrieve it. First, you can check with your bank. They should be able to give you your BVN if you provide them with some personal information, like your name, address, and date of birth.

If your bank is unable to help you, you can also try the Nigerian Interbank Settlement System (NIBSS). NIBSS is a body that manages the BVN system for all banks in Nigeria. You can contact them directly to get your BVN.

Lastly, if you still can’t find your BVN, you can try the Central Bank of Nigeria (CBN). The CBN is the regulatory body for all banks in Nigeria and should be able to help you retrieve your BVN.

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What are the benefits of BVN? 

The Bank Verification Number has the following benefits:

• A BVN identifies all bank accounts you have opened in Nigeria. 
• BVN reduces cyber fraud. 
• It tracks and validates your financial transactions across electronic platforms in Nigeria. 
• Financial institutions use BVNs to track their customers’ loan allocations and repayments. 
• The BVN number and the system reduce queues in bank halls. 
• BVN standardizes and improves the efficiency of banking operations. 

FAQs about BVN

What is a Bank Verification Number (BVN)?

The Bank Verification Number (BVN) is a biometric identification system that was introduced by the Central Bank of Nigeria (CBN) in February 2014. It is a unique 10-digit number that is assigned to every individual who has an account with a financial institution in Nigeria.

The BVN links all your bank accounts across all participating banks in Nigeria and serves as a form of identity theft protection.

How do I check my BVN?

If you are registered for any of the following services – NIP, ATM, mobile banking, phone banking, or internet banking – you can easily check your BVN by logging into your account and selecting the “enquiries” option.

For customers who are not registered for any of these services, you can visit any branch of your bank and request a printout of your BVN.

How do I update my BVN?

If you need to update any of your personal details on your BVN (e.g. change of name, address, etc.), you will need to visit the nearest branch of your bank and fill out the necessary forms. Once the changes have been processed, you will be issued with a new BVN.

I have multiple accounts with different banks, do I need multiple BVNs?

No, once you have a BVN, it is applicable to each and every bank account you have, irrespective of the amount.

Final Notes How To Check Bank Verification Number in Nigeria

We hope this article has shown you how to check your bank verification number in Nigeria.

This is an important process to go through if you want to open a bank account or conduct any financial transactions in the country. By following the steps outlined above, you can easily check your BVN and ensure that everything is in order.

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