Knowing you BVN is important, and checking your BVN is easy as ABC. of which BVN can be registered in banks and i’ll would be talking about how to check your BVN online & Via your phone using any network. (MTN, GLO,9MOBILE, AIRTEL).
What Is BVN?
Bank Verification Number is also abbreviated to BVN is an 11 digit number. The BVN number serves as your universal ID in all the banks or any financial institutions in the country.
BVN was initiated when the cashless policy was introduced by Central Bank of Nigeria (CBN). The main reason why BVN was launched is to ensure transparency, on all forms of financial fraud and theft. Interestingly, you can carry out any transactions at any banking operation, when you have your BVN.
Here’s the report released by the CBN with looks to the BVN
“Identity theft and fraudulent transactions have become a menace to the global banking system in recent times. To ensure trust relationship in the Nigerian banking system is not undermined, The Central Bank of Nigeria in collaboration with all Nigerian Banks launched Bank Verification Number (BVN) project on February 14, 2014.
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 (customers in diaspora accounts were exempted till January 31, 2016.”
Some of the benefits of having a BVN Number:
- It unveiled fraudulent transactions, theft and blacklisted customers
- It Secures your bank account
- It Provides with a unique ID you can use in any bank
After you’re a registered member, the BVN number will be attached to your name across all banks or financial institutions in the country.
How to check your BVN on Phone
Kindly dial *565*0# on the mobile phone you used for your bank account registration. You’ll be charged N20 for this action.
GTBank Code for checking BVN
All banks have their specific shortcodes for their esteem customers to check their BVN on their phone. For GTBank customers dial *737*6*1# to check your
If you, not a registered member, this is that you will receive, “Sorry your number is not enrolled on the BVN platform. Thank you for using BVN service. You have been charged N20 for this service.”
In this case, you’re yet to register for BVN, we will walk you through how to register BVN, kindly follow the steps below;
Walk up to any Nigerian bank of your choice and request that you want to register for BVN.
Within 24 hours you will be able to check your BVN number.