In Nigeria, creating a bank account is not difficult, especially with the help of technology. Furthermore, there are now ways one can open a bank account on their phone in Nigeria at their convenience. What’s more, mobile banking is accessible to anyone and everyone who possesses a smartphone. In addition, the making of digital payments as well as creating bank accounts online is now carried out around the world.
Now, Banks in Nigeria have made it very simple for you or anyone interested in using their services to open a bank account with just a mobile phone and phone number. Besides, the Central Bank of Nigeria is behind the approval of these bank accounts, so you do not have to worry after creating or opening one. Mobile banking is said to be the best way to bank in Nigeria, especially if you don’t value wasting time in bank queues.
In addition, after creating a bank account that has been approved, you can access various financial services—for instance, cash withdrawals, money transfers, and bill payments. Equally important, bank users can withdraw money without their debit card. Unbelievable right? So, with all of these amazing services, you can enjoy financial growth and security.
Requirements To Open a Nigerian Bank Account on Your Phone
The requirements to open a bank account on your phone in Nigeria are not difficult to obtain. What’s more, it consists of your personal information and your mobile phone. So, if you are interested in creating a Nigerian bank account on your phone without a BVN, here is the information you need:
- Your mobile phone
- First name.
- Last name.
- Phone number.
- Date of birth.
- Internet connection.
So, with these, you will be able to successfully open a bank account on your phone in Nigeria without the use of or need for BVN.
Can I Open a Bank Account Without a BVN?
Yes, you can open a bank account on your phone in Nigeria without a BVN. Additionally, users can access simple mobile banking services from all of Nigeria’s major financial institutions. So, you can make use of your mobile phones and do not necessarily need your Bank Verification Number (BVN) to sign up using your mobile phone.
Moreover, you do not need an opening balance, a photo ID, or even opening forms. However, some banks will need individuals to go to a local branch to generate or link their bank verification number.
Banks With Good Mobile Banking Service In Nigeria
Here are the biggest and most well-known banks in Nigeria that enable users to create an account from their mobile phones. So, if you are curious, check out the list to find out which bank you would like to use and experience their services:
- Zenith Bank.
- First Bank Nigeria
- GT Bank.
- Fidelity Bank.
- First City Monument Bank (FCMB)
Check out the official websites or mobile apps of these banks to sign up and create an account with them. Moreover, you can use their USSD code to create an account on your mobile phone.
How To Open a Bank Account on Your Phone in Nigeria
Opening a bank account on your phone in Nigeria is very easy, and the process is straightforward. But first, you need to choose the Nigerian bank that you would like to use for its services. In other words, choose which bank you want to create an account with. So, follow these steps to create a bank account in Nigeria:
- Select your preferred bank.
- Go to your phone and dial the USSD code of the bank.
- Choose the option that states to create or open an account.
- Next, enter your name.
- Date of birth as well as other important information.
- Then, create your PIN for performing transactions.
After creating an account, you will receive your Nigerian Uniform Bank Account Number (NUBAN) through SMS. But if you choose a bank that needs you to enter your BVN, you can go to a local branch close to you to generate one.
Frequently Asked Questions About Mobile Banking:
How Long Does It Take to Create an Account On My Phone?
A lot of people are wondering how long it takes for them to open a bank account on their phone. Well, here is the answer you need: It requires just a few minutes to perform. In addition, after you create an account on your mobile phone, you can start using your account. For instance, withdrawal and transfer are supported on your device.
Can I Open a Bank Account Without Going to the Bank?
Yes, anyone can open a bank account without having to pay a visit to the bank. Moreover, all you need is your mobile phone to start mobile banking. So, find the USSD code for the bank you want to create an account with and dial it. Follow the steps above, and you will be able to open a Nigerian account on your phone. Once you complete this process, you will receive your bank account number via SMS. You can also