Open V Bank Online: How To Open V-Bank Savings Account On Mobile Phone
Have you been searching for how to open V Bank account online with your mobile phone? This page is for you.
This guide reveals the complete steps to open your V Bank savings account online, without going to the branch. You’ll only need to use your Android or iOS smartphone. Check it out!
What Is V Bank?
Vbank also known as V by VFD is one of the top fastest growing digital mobile banking in Nigeria operating in the payment space.
With this mobile app, you can create a bank account in minutes, request for atm cards, plan your budget, perform recurring transactions, make QR code payment, cardless withdrawal and bill payment.
Benefits Of V Bank
There are lots of benefits been a V Bank Account holder. These benefits include;
1. Zero transaction charges
2. Competitive Intrest rate on saving
3. Flexible fixed deposit
4. Cardless withdrawal
5. Payment of bills
6. Budget planning
7. Target savings
8. Biometric security
How Does V-Bank Work
V Bank work like every other commercial bank, the only difference is that V Bank is digital, everything is performed online.
This is done to ease customers from the stress of standing on bank queues for hours before performing any transaction.
You can download the App from your respective App Store, sign up and start saving money. The more you save the more your Interest.
You can also choose to become a V agent. V agents are known as Veelagers. This is quite similar to working as a bank marketer because you earn money by referring people.
Key Features:
- Open an instant account without any paperwork
- Login with your fingerprint and authorize transactions using your 4 digit PIN
- Check account balance, perform transfers to any bank, and pay bills.
- Set up and track your spend budgets
- Get your referral code, start your own bank and earn while you bank
Here’s How You Can Open V Bank Savings Account With Your Smartphone
There are two ways in doing this, either you open a V Bank account using an existing bank account option or your BVN linking option.
1. Open V Bank Account With An Existing Account
- Download the V Bank App from your App Store, then open
- Enter phone number
- Highlight “my BVN linked-phone number”
- Click continue
- Select Bank account option
- Select bank
- Enter account number
- Click continue
- Enter OTP sent to BVN number via sms
- Enter email address
- Set password
- Confirm password
- Click continue
- Take a photo or select from your gallery for photo validation
- Allow VFD bank to take pictures and record videos
- Take picture
- Click “send a photo of face”
- Create 4 digit pin
- Get “Your account has been created successfully notification”
- Get welcome message via email
2. How To Open V Bank Account With Your BVN
- Download the V Bank App from your App Store, then open
- Enter phone number
- Highlight “my BVN linked-phone number”
- Click continue
- Select Bvn linked number option
- Enter OTP sent to BVN number via sms
- Enter email address
- Set password
- Confirm password
- Click continue
- Take a photo or select from your gallery for photo validation
- Allow VFD bank to take pictures and record videos
- Take picture
- Click “send a photo of face”
- Create 4 digit pin
- Get “Your account has been created successfully notification”
- Get welcome message via email
In Conclusion
V Bank is a digital bank which you can access through their app from anywhere at any time. It saves you the stress you undergo while using other commercial banks.
This article reveals a step by step guide to open a V bank savings account in less than two minutes.
I hope you find this information useful. If yes, please feel free to share.
