Last Updated on July 1, 2024 by admin
To address existing challenges with identity management, ensure trust relationship in the Nigerian banking system and Identify theft and fraudulent transactions, the Central Bank of Nigeria, in collaboration with all Nigerian banks launched a centralized biometric identification system tagged Bank Verification Number (BVN)
The BVN uniquely identifies every customer across the Nigeria Banking industry using biometric details. It is a requirement for operating a bank account in Nigeria as no withdrawal shall be made on accounts without validated BVN.
Financial Technology has improved how banks offer better services to its customers in a secure, reliable and affordable manner and sustain competitive advantage due to rising competition from fin-tech startups and increasing concern for cyber-security.
You can also read: How To Change Bank Verification Number BVN Information details like Date Of Birth, Phone Number & Names
Bankers has realize that they need to find technologies that can mimic human action with higher speed, scale, and quality in delivering service to their customers.
Nigeria banks has disclosed that Bank Verification Number (BVN) are now requirement to withdrawal money from bank account .
Nigerians can now open bank account any where both at home here in Nigeria or abroad provided they have Bank verification Number “BVN” this was due to explosive growth that the last decade has seen in the amount of structured and unstructured data.
What is the Benefits of BVN
1.Unique customer identity, irrespective of the applicant’s bank
2.Easier and faster credit check
3.Authentic means of identification
4.Assists in non-repudiation of transactions
5.More efficient method of fraud management
In our today discussion we shall take alook at home to check BNV Number from all Nigeria Banks
How to check for BVN from Gtbank
To check for BVN, Account Number & Balances on your Guaranty Trust Bank {GTBANK} on any of your accounts, Customers should simply dial; *737*6*1# on your mobile phone and follow the instructions on your screen.
Also Read: How To Link Bank Verification Number BVN To All Bank Accounts without visiting bank
How to Check for BVN from Zenith Bank
Zenith Bank customers can now check for their BVN after registration from their 9mobile, Glo, Airtel or MTN line by dialing *565*0# and follow the prompt message.
How to update BVN on Zenith Bank
Also zenith bank depositors can update their BVN by dial *966*BVN# to update their Bank Verification Number (BVN) using the number associated with your Zenith Bank account.
How to check for BNV on Access Bank
Access bank customers can check for their BVN number by dialling *565*0# from the phone number that is link to their BVN account
How to link BVN to your Access Bank account
Access bank depositors can link their BVN to Access Bank account through the following methods:
Via SMS
Simply text BVN, your account number and BVN number to 20121
Example: BVN 06812345678 22498765432 to 20121
How to Check BVN on First Bank
First Bank account holders can now check for their BVN number by dialing *565*0# from mobile line link to their BVN during registration
How to Check BVN on FCMB Bank
FCMB Bank DESPOSITORS can now check for their BVN number by dialing *565*0# from mobile line link to their BVN during registration
How to link BVN to FCMB Bank
FCMB account holders should dial *329#, select self-service, select link BVN
Other Nigeria banks account holders which include, UBA, Union Bank,sterling bank,heritage bank,providus bank,Wema Bank,EcoBank,Polaris Bank,Stanbic IBTC Bank,Unity Bank,Jaiz Bank,SunTrust Bank,Titan Trust Bank,Keystone Bank, CitiBank can also check their BVN number by dialing *565*0# from the mobile phone that was use during registration .
