Nigeria Bank Review

By patrimonio - 21:23, 06 Dec, 2018 Tags:  BVN It's a known rumour that your Bank account can be accessed using your Bank Verification Number and your funds can easily BE siphoned. Banking experts and financial analysts claimed your BVN can only serve as a link to your Biometric not your account information.  But to be on the safer side, it'll be well said if your BVN is well kept and secret from other system whatsoever. Softwares are being developed day in day out, and Hackers are increasing their mode of operations. Once again,  Bankingtipsng.com.ng advice to you Is that YOUR BVN IS SAFE WITH YOU ALONE

It's a known rumour that your Bank account can be accessed using your Bank Verification Number and your funds can easily be siphoned. Banking experts and financial analysts claimed your BVN can only serve as a link to your Biometric not your account information. Buy to be on the safer side, it'll be well said if your BVN is well kept and secret from other system whatsoever. Softwares are being developed day in day out, and Hackers are increasing their mode of operations. Once again, Bankingtipsng.com.ng advice to you Is that YOUR BVN IS SAFE WITH YOUR ALONE.

This post covers the process and steps of checking your Bank Verification Number using your mobile phone  Bank Verification Number as it is been said severally is a biometric number in which bank users data are being compiled.  It is necessary for every bank user to have a BVN because it contains all your information ranging from your Names to your thumbprint captured.  How you can check check your Bank Verification to Number is as easy as anything following these steps.  * Get your phone  * Make sure you have at least 20# recharge card on the Sim that  contains the phone number you used for opening the account  * Then, on that same Sim card dial *565*0# Then your BVN number will be sent to you. 

This article answers the question ''Can  my account be hacked using my BVN? It's a known rumour that your Bank account can be accessed using your Bank Verification Number and your funds can easily be siphoned.  Banking experts and financial analysts claimed your BVN can only serve as a link to your Biometric not your account information.  But to be on the safer side, it'll be well said if your BVN is well kept and secret from other system whatsoever.  Softwares are being developed day in day out, and Hackers are increasing their mode of operations.  Once again, Bankingtips.com.ng advice to you Is that YOUR BVN IS SAFE WITH YOUR ALONE. 

   This post covers the disadvantages of having a bank verification Number (BVN) and the threats it poses to safety. Foremost, Bank Verification  Number (BVN) is a unique Code usually above 10 digits which serves as a biometric and data code for bank users.     The Bvn as it's fondly called has in no doubt exhibit various protective advantages, but it poses serious threat when breached. Most databases in Nigeria aren't secure so it exposes the users' data to fraudsters and phishers.     Now, come to think of it, how will a system like Paylater require your Bank Verification Number before you can be offered a loan and if possibly you dropped a concocted figure, the system will tell you that your Code isn't correct, this shows your BVN exposes more of your Biometric and account information to systems that can't be traced.     Now, before the Bank Verification Number Can be considered safe, the Database handlers should keep to th...

Diamond Bank BVN number, how to check BVN with diamond bank, diamond bank BVN  How can I check my BVN with Diamond Bank? Bank Verification Number (BVN ) Do you know you can now check your bank verification number on your mobile phones. simply Dial *565*0# to check your Bank Verification Number "BVN " from your Mobile phones at N20 only.

Eco bank BVN number, how to check my eco bank BVN, code to view my eco bank BVN number, eco bank BVN number code. How can I check my BVN with First Bank?. Bank Verification Number (BVN ) Do you know you can now check your bank verification number on your mobile phones. simply Dial *565*0# to check your Bank Verification Number "BVN " from your Mobile phones at N20 only.

First bank BVN number code, how to get first bank BVN number, BVN number code for first bank, how to check my BVN number using *565*0#.     How can I check my BVN with First Bank?. Bank Verification Number (BVN ) Do you know you can now check your bank verification number on your mobile phones. simply Dial *565*0# to check your Bank Verification Number "BVN " from your Mobile phones at N20 only.

is my bvn also my sort code?, can I use my BVN as my bank sorts code?, what is different between BVN and sort code?....    Bank verification number is not as same as sorts code. Meanwhile in Nigeria sort code was in existence before BVN and for that reason they are not same.     Now let's look closely to their meanings one after the other.               What Is BVN?. 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. It is a modern security measure  in line with the Central Bank of Nigeria Act 1958 to reduce fraud in the banking system. Wikipedia.         What Is Bank Sort Code?. Sort codes, in the British and Irish banking industries, are  bank codes used to route money transfers between  banks within their respective countries via their  r...

WAYS YOUR BANK ACCOUNT CAN BE HACKED With current attempts by fraudsters to access people’s bank accounts through text messages, emails, phone calls etc., it is important we are armed with the knowledge of the different ways our bank accounts can be hacked by these fraudsters. This will help us better discern their gimmicks, avoid their traps and keep our money safe. Jumia Travel reveals 6 ways your bank account can be hacked. TRUSTING SUSPICIOUS EMAILS, TEXT MESSAGES AND PHONE CALLS In 2015, Babatunde Fatai, a young man arrested by the Oyo State Police command for various internet crimes including hacking into bank accounts of people in and outside Nigeria, revealed that to hack into bank accounts he would either go to dating sites to woo men and women into trusting him with their account details, or he would send fake emails to bank customers asking them to change their accounts and bank security details. Fatai will then use their ‘old’ security details to access their accounts and t...

The question still remain "can someone access or hack bank account with BVN.  What is BVN? BVN means Bank Verification Number. It is a number that hold reference to your biometric details like passport, fingerprints, name and other details during registration for BVN. The BVN number is then attached to every of your bank account. Now, the question is Can your BVN number be used to transfer money from your bank account? BVN number cannot be used to transfer money from your bank account. It is a rumour that once you give out your bvn number to wrong people, they automatically have access to your account and can steal money from your bank account. This is not true. It has also come to my notice(post edited on 22 september, 2017), that some banks ask you to complete some financial transactions like sending money, receiving money, pay bills, buy airtime etc with the last 3 or 4 digit of your BVN, but the interesting thing is that, there are other things you will also be asked before th...

The question still remain "can someone access or hack bank account with BVN?". Is it safe giving out BVN? What is BVN? BVN means Bank Verification Number. It is a number that hold reference to your biometric details like passport, fingerprints, name and other details during registration for BVN. The BVN number is then attached to every of your bank account. Now, the question is Can your BVN number be used to transfer money from your bank account? BVN number cannot be used to transfer money from your bank account. It is a rumour that once you give out your bvn number to wrong people, they automatically have access to your account and can steal money from your bank account. This is not true. It has also come to my notice(post edited on 22 september, 2017), that some banks ask you to complete some financial transactions like sending money, receiving money, pay bills, buy airtime etc with the last 3 or 4 digit of your BVN, but the interesting thing is that, there are other things...

The question still remain "can someone access or hack bank account with BVN.  What is BVN? BVN means Bank Verification Number. It is a number that hold reference to your biometric details like passport, fingerprints, name and other details during registration for BVN. The BVN number is then attached to every of your bank account. Now, the question is Can your BVN number be used to transfer money from your bank account? BVN number cannot be used to transfer money from your bank account. It is a rumour that once you give out your bvn number to wrong people, they automatically have access to your account and can steal money from your bank account. This is not true. It has also come to my notice(post edited on 22 september, 2017), that some banks ask you to complete some financial transactions like sending money, receiving money, pay bills, buy airtime etc with the last 3 or 4 digit of your BVN, but the interesting thing is that, there are other things you will also be asked before th...

The BVN is the safest way to ensure cashless banking succeeds because it address issues of identity theft and reduces exposure to online fraud. To secure your bank accounts and enroll for your BVN Walk into any of our branches nearest to your location and enroll for/or update your BVN.   Get started:  https://www.unionbankng.com/bvn-submissions/

The Bank Verification Number (BVN) initiative is a centralized biometric identification system for each Nigerian banking customer. It’s an identification process that uniquely verifies each banking customer’s status in Nigerian central banking database.   This is a mandatory requirement for any Nigerian that has a bank account. Customers who fail to complete their BVN registration would be unable to complete banking transactions because they do not exist in the Central database. Your Know Your Customer’ (KYC) process is incomplete without finalizing your BVN registration.    The BVN is the safest way to ensure cashless banking succeeds because it address issues of identity theft and reduces exposure to online fraud. To secure your bank accounts and enroll for your BVN Walk into any of our branches nearest to your location and enroll for/or update your BVN.     What you need to know about BVN You’ll get a unique ID number once you have registered. This numb...

The Bank Verification Number (BVN) initiative is a centralized biometric identification system for each Nigerian banking customer. It’s an identification process that uniquely verifies each banking customer’s status in Nigerian central banking database. This is a mandatory requirement for any Nigerian that has a bank account.      Customers who fail to complete their BVN registration would be unable to complete banking transactions because they do not exist in the Central database. Your Know Your Customer’ (KYC) process is incomplete without finalizing your BVN registration. The BVN is the safest way to ensure cashless banking succeeds because it address issues of identity theft and reduces exposure to online fraud. To secure your bank accounts and enroll for your BVN Walk into any of our branches nearest to your location and enroll for/or update your BVN.     What you need to know about BVN >You’ll get a unique ID number once you have registered. This number...

The Bank Verification Number (BVN) initiative is a centralized biometric identification system for each Nigerian banking customer. It’s an identification process that uniquely verifies each banking customer’s status in Nigerian central banking database.     This is a mandatory requirement for any Nigerian that has a bank account. Customers who fail to complete their BVN registration would be unable to complete banking transactions because they do not exist in the Central database. Your Know Your Customer’ (KYC) process is incomplete without finalizing your BVN registration. The BVN is the safest way to ensure cashless banking succeeds because it address issues of identity theft and reduces exposure to online fraud. To secure your bank accounts and enroll for your BVN Walk into any of our branches nearest to your location and enroll for/or update your BVN.     What you need to know about BVN You’ll get a unique ID number once you have registered. This number will...

With current attempts by fraudsters to access people’s bank accounts through text messages, emails, phone calls, etc., it is important we are armed with the knowledge of the different ways our bank accounts can be hacked by fraudsters. This will help us better discern their gimmicks, avoid their traps and keep our money safe.    Also Read: is Swift code and BVN the same? . Get your BVN on GTBank .    In Order To Keep Your Account Safe: Do The Following... > Keep Of From Trusting suspicious e-mails, text messages and phone calls. > Dont Trust suspicious text messages and phone calls > Dont share on Social media profiles > Dont add your details on Unencrypted websites >Avoid having Weak passwords >Chequebooks and account numbers

   With current attempts by fraudsters to access people’s bank accounts through text messages, emails, phone calls, etc., it is important we are armed with the knowledge of the different ways our bank accounts can be hacked by fraudsters. This will help us better discern their gimmicks, avoid their traps and keep our money safe. Here are six ways your bank account can be hacked: Trusting suspicious e-mails, text messages and phone calls In 2015, the Oyo State Police Command arrested BabatundeFatai, a young man, for various Internet frauds. Some of the crimes included hacking bank accounts of people in and outside Nigeria. Fatai revealed that to hack into bank accounts, he would either go to dating sites to woo men and women into trusting him with their account details, or he would send fake e-mails to bank customers asking them to change their accounts and bank security details. Fatai will then use their ‘old’ security details to access their accounts and transfer their money ...

  Today we are looking into things that can led to account being hacked with BVN. It is possible that your account can be hacked with the following means below: 1 Trusting Suspicious Emails In 2015, Babatunde Fatai, a young man arrested by the Oyo State Police command for various internet crimes including hacking into bank accounts of people in and outside Nigeria, revealed that to hack into bank accounts he would either go to dating sites to woo men and women into trusting him with their account details, or he would send fake emails to bank customers asking them to change their accounts and bank security details. Fatai will then use their ‘old’ security details to access their accounts and transfer their money to his online lovers, for these lovers to transfer back to him through another means. You should be alert to suspicious emails, especially those that come with promotions from banks giving links you should click. Most importantly, always call your bank to confirm any suspici...