How to Open Fidelity Bank Account Without BVN: Opening a bank account is an important step in managing your finances, and Fidelity Bank is a popular choice for many. However, if you don’t have a BVN (Bank Verification Number) yet, you might wonder how to open a Fidelity Bank account. Today, we’ll guide you through the process of opening a Fidelity Bank account without a BVN.
A BVN is a unique number that helps protect your banking information. While it’s usually required to open a bank account, some exceptions can be made. In this article, we’ll walk you through the steps to open a Fidelity Bank account without a BVN, making banking more accessible for you.
Understanding how to open a bank account without a BVN can be crucial for those who haven’t obtained one yet. It allows you to access banking services, save money, and enjoy the benefits of a bank account. Let’s get started on this journey to financial inclusion with Fidelity Bank.
Check this: How to check Fidelity Bank Account Number on Phone
Importance of BVN (Bank Verification Number)
The BVN is a unique identification number linked to an individual’s biometric data, such as fingerprints and facial features. It serves as a security measure to verify the identity of bank customers and prevent fraud. While the BVN is a mandatory requirement for most banking transactions in Nigeria, there are exceptions and alternatives for those without BVNs.
Requirements for Opening Fidelity Bank account Without BVN
To open Fidelity Bank account without a BVN, you’ll need to meet specific requirements and follow a set of procedures. Here’s what you’ll typically need:
You’ll need 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.
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.
Recent Passport Photograph
Okay, now let’s move on to how you can open Fidelity Bank account without BVN.
How to Open Fidelity Bank Account Without BVN
Once you’ve gathered the necessary documents and completed the account opening form, follow these steps to open Fidelity Bank account without a BVN:
The code to open Fidelity Bank Account without BVN is *770#.
- Open the call app on your mobile phone
- Dial *770#
- Choose option 1 for instant banking
- choose option 1 again to open account
- choose whether to open your account with BVN or without BVN, I believe you know what to choose.
- Enter your full name
- Enter your phone number
- Choose the type of account you wish to create. Savings or current
- Fill in all the required fields correctly.
- Once you are done, your Fidelity Bank Account Number will be sent to you as sms.
Limitations of an Account Without BVN
It’s important to note that an account opened without a BVN may have certain limitations:
- Transaction Limits: Accounts without BVNs 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.
Obtaining a BVN Later
If you initially open Fidelity Bank account without a BVN and later decide to obtain one, you can visit a designated BVN enrollment center to complete the registration process (e.g Bank). Once you have a BVN, you can link it to your existing Fidelity Bank account to access additional services and remove some limitations.
Frequently Asked Questions
Can I open a Fidelity account online?
Yes. To open a bank account online, you must authorize Fidelity Bank to obtain information from your personal credit profile from credit reporting agencies.
Can I open my own Fidelity account?
You’ll be asked if you’re an existing Fidelity customer. If you don’t already have a Fidelity account, then you’ll need to fill in some basic personal information — email address, street address, Social Security number, and so on — to create one.
Which code can I use to open Fidelity Bank account?
dialing *770# on your mobile phone.
Conclusion
Opening a Fidelity Bank account without a BVN involves following the bank’s specific procedures and fulfilling necessary identification requirements. While it’s possible, having a BVN is generally advisable for smoother banking operations and improved security, as it is a regulatory requirement in Nigeria.
Meet RASHEED FARUQ ADEYEMI, a Student of University of Ilorin, Department of Water Resources and Environmental Engineering. Beyond that professional pursuit, he’s a professional writer who finds solace and joy in solving people’s problems through the art of writing. Through this platform, he aspires to share their knowledge, experiences, and insights, connecting with like-minded individuals and leaving a positive impact on their audience.
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