BVN enrollment made easy and simple after the introduction of checking BVN process

BVN enrollment – The banking sector in Nigeria used to be very vulnerable and porous to various criminal activities.

We are talking about the era of multiple accounts opening by same customer with different names.

A time when people an individual will start and perfect a crime with about 5 accounts bearing different names but belonging to just one person.

It was that bad and the Nigeria banks were almost helpless. Then came the concept of BVN Enrollment in Nigeria banking sector.

BVN enrollment
BVN Biometrics

Before we proceed, please note the following as our major outlines in this topic:

  1. What is BVN / BVN Meaning? NIBSS BVN
  2. CBN circular on BVN
  3. What is BVN Enrollment?
  4. The concept of my BVN and my BVN Name
  5. Checking BVN or BVN Checking (checking BVN on MTN, checking BVN on phone, checking BVN online) get BVN online
  6. How to change my BVN phone number online
  7. How to change BVN name
  8. Conclusion

What is BVN or BVN Meaning?

This is an acronym for Biometric Verification Number which is simply a special Eleven (11) digit that makes use of the bio metrics like the thumb print, facial recognition, one’s biography and physical address to offers encrypted protection to ones bank account and also serve as a means of identification to the one who bears it.

This is managed by Nigeria Inter Bank Settlement System – NIBSS – an arm of the Central Bank of Nigeria (CBN) majorly and all money deposit banks hence the reason it is called NIBSS BVN.

This takes us to the next phase which is…

CBN circular on BVN

On the 18th day of October 2017, the Central Bank of Nigeria Abuja, through its Banking and Payments System Department wrote a communiqué with reference BPS/DIR/GEN/CIR/04/010 and titled, “The regulatory framework for Bank Verification Number BVN operations and the watch list for the Nigerian financial system.

In this communiqué, it is clearly written that the Central bank of Nigeria, CBN, in furtherance of its mandate to develop and enhance the security of the electronic payments system in Nigeria hereby releases the regulatory frame work for bank Verification Number (BVN) operations and watch list for the Nigerian financial system.

The implementation of the framework is with immediate effect.

The communiqué which was addressed to all the money deposit banks, switches, mobile money operators, payment terminal service providers, payment solution service providers, Micro Finance banks and Other was signed by the Director; Banking and Payments System Department – Fatokun Dipo.

This now takes us to the main discussion which is…

What is BVN Enrollment?

This is the capturing of one’s bio metrics like the thumb print, facial recognition, one’s biography and physical address (with Land mark) in other to generate this special Eleven (11) digit also known as Biometric Verification Number (BVN)

To do this the following steps must be observed:

  1. Go to your bank or any bank of your choice
  2. Fill BVN Enrollment form which requires that you supply you physical address and your bio data
  3. Proceed for capturing in which your face will be captured and your thumb prints taken.
  4.  Your address and landmark will be captured too.
  5. After this, the captured details will be submitted which will generate the BVN within 24 hours.

The concept of my BVN and my BVN Name

This is the name captured as the name of the person during biometric Verification Number (BVN) enrollment.

From principles, this name is supposed to be a reflection of what the person that is enrolling for BVN fills on the form.

Checking BVN or BVN checking (checking BVN on MTN, checking BVN on phone, checking BVN online) get BVN online

Checking BVN or BVN checking is the using of the BVN platform of portal to check the correctness of BVN before linking it to ones account

It has been observed that BVN were linked to accounts with checking whether the BVN name matches with the name in the account.

This led to many BVN linkages that defile the security purposes of Checking BVN or BVN checking was introduced.

Hold on a minute, sometimes, people may wish to check their BVN just to correct anything but to simply make use of it hence the concept of get BVN online.

 To do this, simply dial *565*o# and your BVN will be displayed on the screen of your phone for use as you wish.

How to change BVN name

This is the process of changing one’s BVN name from the wrong and old name to the correct and new name.

There are reasons names are BVN name could be changed

  1. Marriage for women
  2. Inputting in the system a name not written on the form by person
  3. General family change of name

In all these you need an affidavit, a valid means of ID card that contains the name you are changing to, newspaper publication and a completely filled BVN name change form

How to change my BVN phone number online

This is simple too.

  1. Go to court and obtain an affidavit and…
  2. Go to your bank where you enrolled for the BVN
  3. Fill BVN edit form and submit the affidavit
  4. The customer service will use this to change your phone number on the NIBSS platform
  5. The number changes within 24 hours.

How to change my bvn date of birth / bvn change of date of birth

To do this; simply follow the steps below

  1. Go to court and obtain an affidavit and…
  2. Go to your bank where you enrolled for the BVN
  3. Fill BVN edit form and submit the affidavit
  4. The customer service will use this to change your date of birth on the NIBSS platform
  5. The number changes within 24 hours.

This settles the inquiry on how to correct my bvn date of birth.

BVN enrollment

Conclusion

The BVN has come to stay and for you to get one you need to do BVN Enrollment.

This does not cost money but it saves your money.

Go get enrolled now.

You can also read: Fidelity Mobile banking

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