How to Know Your BVN and Retrieve It Easily

Understanding Your Bank Verification Number (BVN)

The Bank Verification Number (BVN) is a unique identification system in Nigeria’s financial landscape. Introduced to enhance the security and efficiency of banking operations, this identifier plays a central role in modern financial transactions. It standardizes customer identity verification across banks.

What the BVN Is

The BVN is an 11-digit number established by the Central Bank of Nigeria (CBN) in collaboration with all Nigerian banks. This unique identifier links all bank accounts belonging to an individual across various financial institutions to a single identity. Its primary function is to create a unified identification system for bank customers.

This number helps in combating financial fraud and identity theft by providing a secure and verifiable means of identification. It strengthens the security of transactions and simplifies the Know Your Customer (KYC) requirements that banks must fulfill. By having a single identity linked to all accounts, the BVN significantly reduces the risk of unauthorized access and fraudulent activities within the banking system.

How to Retrieve Your BVN

Retrieving your BVN is a straightforward process. A common and convenient method is using a USSD code directly from a mobile phone. You can dial 5650# from the specific phone number that was registered during your BVN enrollment.

This USSD service typically incurs a small fee and is accessible across major mobile networks. It provides an immediate display of your 11-digit BVN on your screen, provided the phone number is active and linked solely to your BVN.

Alternatively, you can contact your bank directly to inquire about your BVN. Many banks offer options to retrieve this information through their online banking portals, mobile applications, or by visiting a physical branch. When visiting a branch, you may need to present a valid form of identification to verify your identity.

Another avenue for BVN inquiries is through designated BVN enrollment centers. These centers, where the initial registration takes place, can also assist with confirming your BVN if you have previously enrolled. For certain situations, the Nigeria Inter-Bank Settlement System (NIBSS) website offers a BVN validation portal where, for a small fee, you can input details like your name, date of birth, and registered phone number to view your BVN.

Registering for a BVN

Obtaining a BVN is a mandatory requirement for anyone operating a bank account in Nigeria. The registration can be completed at any bank branch across Nigeria or at authorized BVN enrollment centers.

To register, you will typically need to complete and submit a BVN enrollment form. You must also present a valid means of identification, such as an International Passport, Driver’s License, National ID Card, or Permanent Voter’s Card. During the enrollment, your biometric data, including fingerprints and a facial image, will be captured.

Your unique BVN is usually generated within 24 hours, and you will typically receive an SMS notification once it is ready. For Nigerians residing abroad, BVN enrollment can also be facilitated at specific international enrollment centers, though these centers may charge a processing fee, which can range from approximately $45 to $250 depending on the provider and location.