Can i change my bvn number? BVN (Bank Verification Number) is a unique number issued by Central Bank of Nigeria for individual with a bank account.
It serves as a means of identification and verification in the banking system.
While it is not possible to change your BVN number itself, you can update certain information associated with it, such as your name and phone number.
In this guide, we will explore the process of updating your BVN information and provide you with step-by-step instructions on how to do it.
BVN and its Importance:
The Bank Verification Number (BVN) is a unique 11-digit number assigned to every Nigerian with a bank account.
It was introduced by the Central Bank of Nigeria (CBN) to enhance the security of the banking system, reduce fraud, and protect customers’ accounts.
The BVN system links all of an individual’s accounts across different banks and ensures that each customer can be identified reliably.
What Can Be Updated in BVN Information?
Although you cannot change your BVN number itself, you can update certain details associated with your BVN. The information that can be updated includes:
- Name: If you change your name due to marriage, divorce, or other legal reasons, you can update it in your BVN information.
- Phone Number: If you change your phone number, it is important to update it in your BVN details to ensure smooth communication with your bank and receive important notifications.
How to Change BVN Information:
To change your BVN information, follow the step-by-step process outlined below:
- Gather the Required Documents
- Valid identification documents (e.g., International Passport, Driver’s License, National ID card, or Permanent Voter’s Card).
- Proof of the change you want to make (e.g., marriage certificate, divorce certificate, court affidavit, etc., for name change).
Visit the Nearest Bank Branch:
Locate the bank branch where you initially registered your BVN.
This is important because BVN information can only be updated at the bank where it was originally registered.
Submit the Required Information:
Approach the customer service desk at the bank branch and inform them about your intention to update your BVN information.
You will be provided with a BVN update form to fill out. Provide accurate information and ensure you double-check it before submission.
After submitting the BVN update form, you will be required to undergo biometric verification.
This involves providing your fingerprints and possibly a photograph for facial recognition. This process is necessary to authenticate your identity and ensure the security of your BVN.
Confirmation and Updated BVN Information:
Once your biometric verification is complete, the bank will process your request for updating the necessary information.
You will receive a confirmation message or email regarding the successful update of your BVN details. Ensure that you keep this confirmation for future reference.
Frequently Asked Questions (FAQs):
- Q1: Can I change my BVN number?
A1: No, you cannot change your BVN number itself. The BVN number is a unique identifier and cannot be altered.
Q2: Can I change my BVN details at any bank branch?
A2: No, BVN details can only be updated at the bank branch where you initially registered your BVN.
- Q3: How long does it take to update BVN information?
A3: The processing time for updating BVN information may vary from bank to bank. It is advisable to inquire about the estimated time frame during your visit to the bank.
- Q4: Are there any charges for updating BVN information?
A4: Some banks may charge a nominal fee for updating BVN information. It is best to check with your specific bank regarding any associated charges.
In conclusion, while it is not possible to change your BVN number itself, you can update certain information associated with it, such as your name and phone number.
The BVN system plays a crucial role in enhancing the security of the Nigerian banking system and protecting customers’ accounts.
If you need to update your BVN information, follow the steps outlined in this guide, and visit the bank branch where you registered your BVN.
Remember to carry the required documents and be prepared for the biometric verification process.
By keeping your BVN information up to date, you ensure the smooth functioning of your banking transactions and maintain the security of your accounts.