What is Bank Verification Number (BVN)?
BVN stands for Bank Verification Number, which is a biometric identification system introduced by the Central Bank of Nigeria in 2014. It is a unique 11-digit number that serves as a means of identifying individuals who have bank accounts in Nigeria and reducing fraud in the banking sector.
The BVN system captures a person's biometric data, such as fingerprints and facial recognition, and links it to their bank account information. This allows for easy verification of a person's identity and bank account information across all Nigerian banks using the BVN.
Guide to verifying your Bank Verification Number with Remitano
Important Note: Bank Verification Number method is only available in Android with version 6.72.0 or higher.
Step 1: Go to KYC dashboard and click on the link Verify in Level (Documents Verification)
Step 2: Choose your country then click "Verify" button to start process
Step 3: In the "Select document type" screen, click to select the BVN option then click "Start to verify the document" button to go to the next step.
Step 4: Input your Bank Verification Number in the BVN field then click "Next" button to go to the next step.
Step 5: Follow the instruction to verify your facial
When everything are done, just need to wait on some minutes, Remitano is handling the verifying process and give you the result in some minutes