How to Open a First Bank Account Without BVN

How to Open a First Bank Account Without BVN

How to Open a First Bank Account Without BVN: Do you want to know how to open a First Bank account without a BVN (Bank Verification Number)? If this is the case, you have arrived at the correct page!

First Bank of Nigeria is a reputable financial company that provides a variety of banking services to its customers.

The Bank Verification Number (BVN), a biometric identification system created by the Central Bank of Nigeria (CBN), is one of the required documents for opening a bank account in Nigeria.

Importance of BVN (Bank Verification Number)

Some people may wonder whether it is feasible to open a First Bank account without a BVN or not. In this article, we will look at the steps and choices for opening a First Bank account without a BVN. So stick with me and keep up!

The BVN is a unique identifying number associated with a person’s biometric data, such as fingerprints and facial features. It is a security measure that verifies bank customers’ identities and prevents fraud.

While the BVN is a mandatory requirement for most banking transactions in Nigeria, there are exceptions and alternatives for those without BVN.

Requirements for Opening a First Bank Account Without BVN

To open a First Bank account without a BVN, you must meet certain prerequisites and execute a set of procedures. Here’s what you’ll usually need:

  1. You’ll need a valid proof of identification, such as a National Identity Card, International Passport, or Driver’s License. These documents help establish your identity in the absence of a BVN.
  2. Proof of Address: Provide a utility bill, tenancy agreement, or any official document that confirms your residential address. This is a standard requirement for account opening.
  3. Recent Passport Photograph

How to Open a First Bank Account Without BVN

After gathering the relevant documents and completing the account opening form, follow these steps to open a First Bank account without a BVN: The code to open a First Bank account without a BVN is *894#.

  1. Open the call app on your mobile phone
  2. Dial *894#
  3. Choose option 2 which is to open an account
  4. Choose option 2 to open an account without BVN 
  5. Next, create a 5-digit PIN
  6. In a few seconds, your First Bank Account Number will be sent to you as SMS. 

Limitations of an Account Without BVN

It’s crucial to know that an account opened without a BVN may have these limitations:

  • Transaction Limits: Accounts without BVN may have lower transaction limits compared to BVN-linked accounts. This means you might face restrictions on the amount you can withdraw or transfer.
  • Limited Services: Some banking services and features may not be accessible to accounts without BVNs. For example, you may not be able to access online banking or use mobile banking apps.
  • BVN Requirement in the Future: Banks in Nigeria are increasingly enforcing BVN requirements for various transactions. While you can open an account without a BVN, you may encounter limitations when it comes to more advanced banking services or transactions

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