<P> The Bank Verification Number commonly called BVN is a biometric identification system implemented by the Central Bank of Nigeria to curb or reduce illegal banking transactions in Nigeria . It is a modern security measure in line with the Central Bank of Nigeria Act 1958 to reduce fraud in the banking system . </P> <P> The system works by recording fingerprints and a facial photograph of the client . </P>

What is bank verification number (bvn)
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