Bank Verification Number (BVN) is a unique 11-digit number assigned to every bank customer in Nigeria. Introduced by the Central Bank of Nigeria (CBN) in collaboration with the Bankers' Committee, the BVN serves as a universal identification for all bank account holders and is designed to curb fraudulent activities and enhance the security of banking transactions.
Checking and getting BVN on the OPay can be done via the fintech app under user's profile and it's beneficial depending on individual personal reasons. Having your BVN accessible through an app like OPay makes it easy to retrieve without having to visit a bank or search through documents.
Furthermore, you may need to get your BVN because of certain financial transactions, such as opening new accounts, applying for loans, or setting up payment services, which may require your BVN. Having it readily available on the OPay app facilitates these processes.
To check or get your BVN on the OPay app, open the app and click on your profile at the left corner of your screen. On the "Profile" page, scroll down and click on "Account Tier". On the account tier page, you'll see your 11-digits BVN and the linked phone number. You'll also see your National Identification Numbers with the linked phone number.
FAQs
How to get OPay BVN Online?
You. can also get/retrieve your BVN online by logging into your OPay Account via web. After successful login, navigate to "Profile" and your 11-digits bank verification numbers will be outlined in the page.
How to create BVN on OPay?
You cannot create a Bank Verification Number (BVN) directly on the OPay app. The BVN is a nationwide system managed by the Central Bank of Nigeria (CBN), and it requires physical biometric data collection (such as fingerprints and a photograph) which can only be done at authorized bank branches or designated BVN enrollment centers. However, you can link an existing BVN to your OPay account once you have it.
Does OPay have BVN Number?
OPay itself does not generate BVN numbers. The BVN is a system managed by the Central Bank of Nigeria (CBN). However, you can link your existing BVN to your OPay account. If you don’t already have a BVN, you need to create one through an authorized bank or BVN enrollment center.
How to remove BVN from OPay Account?
To remove your BVN from your OPay account, you generally need to contact OPay's customer support, as there is no direct option in the app for removing your BVN.
Does OPay requires BVN?
Yes, OPay typically requires a Bank Verification Number (BVN) to open a full account. This requirement is due to compliance with regulations reason, security reason, transaction limit reason, and KYC reasons.