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Bank Verification Number

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This is an old revision of this page, as edited by T Cells (talk | contribs) at 18:41, 17 June 2015 (Created page with 'The ''' Bank Verification Number''' commonly called '''BVN''' is a biometric identification system implemented by the Central Bank of Nigeria...'). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

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The Bank Verification Number commonly called BVN is a biometric identification system implemented by the Central Bank of Nigeria to curb or reduce illegal banking transactions in Nigeria.[1] It is a modern security measure in line with the Central Bank of Nigeria Decree to reduce fraud in the Nigerian banking system.[2]

References

  1. ^ "Importance of bank verification number". Vanguard News. Retrieved June 17, 2015.
  2. ^ "Only 7% registered for BVN –NIBSS'". The Sun News. Retrieved June 17, 2015.