Here we go with the question of the day: how to create a BVN without going to the bank. But the question is, how possible is it to enroll for a bank verification number without visiting the bank?

Well, I’m here to explain everything you need to know about enrolling for a BVN wherever you are.

Let’s proceed.

How to create a bvn without going to bank

Contents hide
1 How to create bvn without going to bank
1.1 When not in Nigeria
2 Reasons why you can’t create BVN by yourself
3 What will happen to a bank account without bvn?
3.1 1. Account Restrictions
3.2 2. Inability to Access Loans
3.3 3. Limited Digital Services
3.4 4. Difficulty in KYC Compliance
3.5 5. Potential Account Deactivation
3.6 6. Higher Risk of Fraud
3.7 7. Limitations on Transactions

How to create bvn without going to bank

To create a BVN without going to the bank, you need to visit BVN-approved centers, book a visit, and get enrolled at an approved BVN center.

You were disappointed, right?

You’re looking for a way to create a BVN right inside your house?

Well, it’s not possible, even in 2024.

Please note that you cannot create a BVN inside your house, office, or workplace. You can only enroll for a BVN at a bank or approved BVN centers.

As long as you are in Nigeria, you can only create or enroll for a BVN at a bank. There are no BVN-approved centers in Nigeria other than banks.

BVN-approved centers are for those living abroad, although these centers are not worldwide.

If you’re in Nigeria, please schedule a time, go to your bank, and enroll for BVN.

Right now in Nigeria, if your bank account does not have a BVN linked to it, the account will be frozen. This means that no debit transactions will occur from the account.

Aside from that, banks are now directed to block such accounts, and this means both debit transactions and credit transactions will not be allowed in accounts that do not have a BVN linked to them.

When not in Nigeria

If you’re not in Nigeria, or perhaps you don’t reside in Nigeria but would like to enroll for BVN, then you must locate a BVN-approved center near you or in your location.

The issue with this is the fact that BVN-approved centers are not worldwide, and they are mostly available in Western countries like the UK, the USA, Canada, Australia, New Zealand, France, Italy, etc. Although I’m quite sure there are centers in China, Malaysia, and Egypt, Africa, Ghana, Cameroon.

So if you don’t reside in Nigeria, kindly look for a BVN approved center in your location or country you reside.

If you did not see any, it means you must come down to Nigeria to get enrolled.

Asking how to create bvn without going to bank, I’m sorry that is not possible if you’re in Nigeria because you must go to the bank to do so.

Don’t Miss

Reasons why you can’t create BVN by yourself

Below are the reasons;

  1. Data capturing is required, and this include your picture and biometrics.
  2. For security measure.
  3. Bank Verification Number is used in the banking or financial industry, which makes it very sensitive.

As the reason for the bank verification number is to curb fraud and protect a bank account, as stated by the Central Bank of Nigeria, you must go to a trusted and approved centre like banks and non-bank approved centres.

To enroll for bvn, the bank will need your data and biometrics which includes the followings;

  1. Your name.
  2. Your address.
  3. Phone number.
  4. Bank account
  5. Biometrics like image capturing and fingerprints.
  6. Signature.

And thats all.

Because of these requirements, especially biometric data capturing, you need to visit the bank for your BVN enrollment.

Please remember that you can only enroll for BVN in the bank you have an account with.

For Example, if you have a bank account with gtbank, you can only enroll for bvn in gtbank. Same goes for other banks in Nigeria.

What will happen to a bank account without bvn?

The Bank Verification Number (BVN) is a unique identifier respectfully issued by Nigerian banks to their customers, with the honorable intention of curbing financial fraud and enhancing the security of banking transactions.

In the event that a bank account in Nigeria is not linked to a BVN, certain consequences may arise.

1. Account Restrictions

The account will be subject to operational restrictions. The account holder will be unable to execute withdrawals, transfers, or payments from the account. In essence, the account will be frozen for all outgoing transactions.

2. Inability to Access Loans

The account holder will be unable to apply for or receive loans from Nigerian banks. This is because banks utilize the BVN to evaluate creditworthiness and guarantee that individuals do not have several outstanding loans.

3. Limited Digital Services

Access to online and mobile banking services will be limited. The account holder may be unable to conduct transactions online, utilize banking applications, or employ USSD codes for banking purposes.

4. Difficulty in KYC Compliance

Please be informed that Know Your Customer (KYC) requirements cannot be fully satisfied without a Bank Verification Number (BVN). Consequently, the bank may be compelled to scrutinize the account and potentially freeze it if the BVN is not furnished within the specified timeframe.

5. Potential Account Deactivation

Over time, if the BVN is not provided, the bank may proceed to deactivate the account, rendering it inaccessible to the account holder until the BVN is linked.

6. Higher Risk of Fraud

Accounts lacking a BVN are more vulnerable to fraudulent activities, as the BVN serves as a crucial measure to validate and authenticate the identities of account holders.

7. Limitations on Transactions

Please be informed that there will be certain restrictions on the amount of money that can be deposited into the account, as well as on the number of transactions that can be conducted. Additionally, the account may be subject to closer monitoring for any unusual activity.

Linking a BVN to a bank account is crucial for maintaining full access and functionality of banking services in Nigeria. It enhances security, ensures compliance with regulatory requirements, and allows for smoother and safer banking operations.

Returning to the question of the day, which is how to create a BVN without going to a bank, the answer is that you cannot create a BVN without visiting a bank or BVN-approved centers.

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