Bank Verification Number(BVN)

With the increasing incidents of compromise on conventional security systems(password and PIN), there is high demand for greater security on access to sensitive or personal information in the Banking System.

The BVN gives each Bank customer a unique identity across the Nigerian Banking industry that can be used for easy identification and verification at Point of Banking operations.

Biometrics refers to identification of an individual based on physiological attributes - Fingerprint, voice, facial features etc. To address existing challenges with identity management, the Central Bank of Nigeria, in collaboration with all Nigerian Banks launched a centralized biometric identification system tagged Bank Verification Number(BVN)