How to Open Kuda Bank Account without BVN

Do you need to open a Kuda bank account but you don’t have a BVN? Then read this guide on How to Open Kuda Bank Account without BVN

Kuda Bank is a digital bank that offers a wide range of financial services, including savings, transfers, bill payments, and much more. 

One of the most significant advantages of Kuda Bank is that you can open an account without a Bank Verification Number (BVN). 

This means that if you don’t have a BVN, you can still enjoy all the benefits of a digital bank with Kuda Bank. 

In this guide, we’ll show you how to open a Kuda Bank account without BVN.

So, whether you’re new to Kuda Bank or just want to learn more about how to open an account without a BVN, keep reading!

How to Open Kuda Bank Account without BVN

Opening a Kuda Bank account without a BVN is an easy and stress-free process. 

Here’s what you need to do:

Step 1: Download the Kuda Bank application

You can easily download the Kuda Bank app from the App Store or Google Play Store. 

Once downloaded, install and open the app.

Step 2: Register

After opening the app, register by providing the necessary details such as your name, email address, and phone number. 

It’s a quick and simple process that only takes a few minutes.

Step 3: Enter the referral code

To proceed to the next step in the registration process, you’ll need to enter your referral code. 

This is a unique code that identifies you and helps Kuda Bank track new customers.

Step 4: Identity verification

After entering the referral code, you’ll be prompted to verify your identity. 

You can use an international passport, driver’s license, or national identity card to complete the verification process. 

It’s a straightforward process that helps ensure the security of your account.

Step 5: Deposit Money

To deposit money into your Kuda Bank account, you’ll need to provide a valid ID card and fund your account with a minimum of 100 Naira. 

You can easily do this with a transfer from any Nigerian bank.

Step 6: Activate your Account

Once you’ve successfully deposited money into your account, your account will be activated, and you’ll receive a Kuda Bank account number. 

This means you can now start enjoying all the benefits of a digital bank, such as making transactions, paying bills, and managing your finances from the convenience of your smartphone.

However, it’s important to note that you must update your account with a valid BVN within the next 7 days. 

Failure to do so may result in the closure of your account. 

This is to ensure the security of your account and comply with banking regulations. 

So, make sure to update your account with your BVN as soon as possible to avoid any disruptions to your banking experience.

How to Update your BVN on Kuda Bank Account 

Having discussed How to Open Kuda Bank Account without BVN, let’s also discuss how you can update your BVN 

Updating your BVN on the Kuda Bank app is a straightforward process. 

Here’s how you can do it:

Step 1: Open the Kuda Bank application

To update your BVN on the Kuda Bank app, open the app on your phone and enter your login details. 

This will give you access to your Kuda Bank account.

Step 2: Locate the “Add” option

Once logged in, look for the “More” option in the lower right corner of the screen. 

Click on it to go to “Settings,” then click “Personal Information.”

Step 3: Click on “BVN”

Once you get to “Personal Information,” scroll down to the “BVN” section and click on it.

Step 4: Enter your BVN

After clicking “BVN,” the next screen will ask you to enter your BVN number. 

Enter your BVN number and click “Update BVN.”

Step 5: Verify Your Account

After updating your BVN on the Kuda Bank app, you’ll need to wait for verification. 

Kuda Bank will check your BVN based on the personal information you provided during registration. 

This process may take some time, so please be patient.

If the verification process is successful, you’ll receive a confirmation message letting you know that your BVN has been updated in your Kuda Bank account. 

This means you can continue using your account with confidence, knowing that your personal and banking information is up-to-date and secure.

Also, It’s important to keep your BVN updated to comply with banking regulations and avoid any disruptions to your banking activities. 

Hence, Updating your BVN on the Kuda Bank app is a quick and easy process that can be done from the comfort of your home. 

So, if you haven’t updated your BVN yet, make sure to do so as soon as possible to ensure the security of your account and continue enjoying all the benefits of a digital bank.

Final Note on How to Open Kuda Bank Account without BVN

Opening a Kuda Bank account without a BVN is a simple and stress-free process. 

With just a few clicks on your smartphone, you can enjoy all the benefits of a digital bank, including easy access to your funds, low fees, and great customer support. 

However, it’s essential to keep your account up to date by providing a valid BVN within 7 days of opening your account. 

This is to comply with banking regulations and ensure the security of your account. 

So, make sure to update your BVN as soon as possible to avoid any disruptions to your banking experience.

We hope you found this guide on How to Open Kuda Bank Account without BVN helpful. 

FAQS about How to Open Kuda Bank Account without BVN

What is a BVN, and why is it important?

BVN stands for Bank Verification Number. It is a unique identification number that is assigned to every bank customer in Nigeria. 

BVNs are important because they help to reduce fraud and improve security in the banking system.

Can I open a Kuda Bank account without a BVN?

Yes, you can open a Kuda Bank account without a BVN. 

However, you will need to update your account with a valid BVN within 7 days of opening your account.

How do I open a Kuda Bank account without a BVN?

To open a Kuda Bank account without a BVN, download the Kuda Bank app, register, and provide the necessary details. 

You’ll also need to deposit a minimum of 100 Naira into your account.

What documents do I need to open a Kuda Bank account without a BVN?

You don’t need any documents to open a Kuda Bank account without a BVN. 

All you need is a smartphone, an internet connection and identity cards like NIN, driver’s license, or passport. 

Also, you need your personal information to complete your KYC. 

Can I use my Kuda Bank account without a BVN?

Yes, you can use your Kuda Bank account without a BVN. 

However, you must update your account with a valid BVN within 7 days of opening your account.

Is it safe to open a Kuda Bank account without a BVN?

Yes, it is safe to open a Kuda Bank account without a BVN. 

Kuda Bank uses advanced security measures to protect your account information and prevent unauthorized access. 

However, it’s important to keep your account up to date by providing a valid BVN within 7 days of opening your account.