How to Open Standard Chartered Bank Account Without BVN

Opening a Standard Chartered Bank Account Without BVN

Are you seeking to open a Standard Chartered Bank account without a Bank Verification Number (BVN)? Standard Chartered Bank, a reputable financial institution in Nigeria, offers various banking services to its customers. While the BVN is a crucial requirement for most banking transactions, there are exceptions and alternatives for those without BVNs.

Importance of BVN (Bank Verification Number)

The BVN is a unique identification number linked to an individual’s biometric data, enhancing security and preventing fraud in banking transactions. Although typically mandatory, there are avenues for opening accounts without a BVN.

Requirements for Opening Standard Chartered Bank Account Without BVN

To open a Standard Chartered Bank account without a BVN, you will need:

• Valid proof of identification (National Identity Card, International Passport, or Driver’s License)
• Proof of Address (utility bill, tenancy agreement, or official document)
• Recent Passport Photograph

How to Open Standard Chartered Bank Account Without BVN

To initiate the account opening process without a BVN, follow these steps:

1. Dial *977# on your mobile phone to access the account opening code.
2. Choose the option to open an account without a BVN.
3. Follow the on-screen instructions.
4. Your Standard Chartered Bank account number will be sent to you via SMS upon completion.

Opening Standard Chartered Account Without BVN using Standard Chartered Mobile App

For a seamless process using the Standard Chartered Mobile App:

1. Download and install the app from the Google Play Store.
2. Sign up and select the option to open an account without a BVN.
3. Enter your details as prompted.
4. Confirm the information to receive your account number instantly.

Limitations of an Account Without BVN

Accounts opened without BVNs may have limitations, such as:

• Lower transaction limits
• Restricted access to certain banking services
• Potential future BVN requirements for advanced transactions

Obtaining a BVN Later

If you decide to obtain a BVN after opening an account without one, visit a designated enrollment center to complete the registration process. Once you have a BVN, you can link it to your Standard Chartered Bank account for expanded services.

Key Takeaways

1. Opening a Standard Chartered Bank account without a BVN is possible with the right documentation and procedures.
2. Accounts without BVNs may have transaction limitations and restricted services.
3. It is advisable to consider obtaining a BVN in the future for broader banking benefits and services.

In conclusion, while a BVN is typically required for banking transactions in Nigeria, opening a Standard Chartered Bank account without one provides an entry point for individuals without this identification number. For any queries or further assistance, feel free to leave a comment below, and we will respond promptly.