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Work Permit, Valid port, N80k Fee… How Nigeria In Diaspora Can Apply For BVN - Travel - Nairaland s405b

Work Permit, Valid port, N80k Fee… How Nigeria In Diaspora Can Apply For BVN (7773 Views)

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Great100000: 7:43pm On May 23
Work permit, valid port, N80k fee… how Nigerians in diaspora can apply for BVN

Nigerians living abroad are now required to pay $50 (about N80,000) to for the bank verification number (BVN), according to findings by TheCable.


On May 13, the CBN, in collaboration with the Nigeria Inter-Bank Settlement System (NIBSS), launched the non-resident bank verification number (NRBVN) platform to ease access to financial services for Nigerians in the diaspora.

The NRBVN platform allows Nigerians abroad to obtain their BVN remotely, eliminating the long-standing requirement of physical presence in Nigeria.

Olayemi Cardoso, governor of CBN, said the NRBVN is aimed at increasing financial inclusion, particularly for Nigerians living outside the country.

HOW TO APPLY FOR THE NRBVN

Applicants can access the new platform and with a recognised email by visiting the link https://nibss-plc.com.ng/nrbvn/.

After registration, a link is sent to the email address provided to activate the applicant’s . The link also redirects the applicant to another page for creation.

The next process requires them to scan a QRcode using any two-factor authentication (2FA) app like Google Authenticator.

When this is successfully achieved, applicants are taken to a page with options to “Onboard, Open Bank , or Remit Money.” From here, applicants select their appropriate type status from three options: ‘Nigerian, no BVN’, ‘Nigerian, BVN’, and ‘Nigerian by descent’.

DOCUMENTS REQUIRED FOR NRBVN ISSUANCE

To use any of the services on the platform, a valid port is the primary requirement, according to the portal. However, where this is not available, other documents that can be used are the Nigerian port (valid or expired), proof of foreign residency (valid foreign port, residence permit, green card etc.), utility bill, work permit and/or proof of employment, proof of tax payment in the country of residence, and foreign bank statements.

N80,000 REGISTRATION FEE

On the new portal, applicants are notified of a mandatory $50 non-refundable fee to process their registration using either a Visa card or a Mastercard. This contrasts with the free BVN registration for Nigerians living in the country.

After confirming the information, s are redirected to a secure Tazapay checkout page to complete the transaction using their debit or credit cards.

The payment portal, powered by international gateway provider Tazapay, was launched to process applications from diaspora residents who are unable to travel to Nigeria for biometric enrollment.

Once all the required information and documents are provided and payments made, the NRBVN system will validate and screen the information. Once approved, an NRBVN will be provided within 72 hours.

As of May 2025, with the naira trading at around N1,600 to the dollar, the BVN registration fee represents a cost of approximately N80,000 per applicant.

The initiative is expected to enhance know-your-customer (KYC) compliance and reduce identity fraud across Nigeria’s banking system, particularly in the face of tightening regulatory oversight over fintech operations, foreign exchange (FX) inflows, and diaspora remittances.

Source: https://www.thecable.ng/work-permit-valid-port-n80k-fee-how-nigerians-in-diaspora-can-apply-for-bvn/

3 Likes 1 Share

Great100000: 4:23pm On May 24
Great100000:
Work permit, valid port, N80k fee… how Nigerians in diaspora can apply for BVN

Nigerians living abroad are now required to pay $50 (about N80,000) to for the bank verification number (BVN), according to findings by TheCable.


On May 13, the CBN, in collaboration with the Nigeria Inter-Bank Settlement System (NIBSS), launched the non-resident bank verification number (NRBVN) platform to ease access to financial services for Nigerians in the diaspora.

The NRBVN platform allows Nigerians abroad to obtain their BVN remotely, eliminating the long-standing requirement of physical presence in Nigeria.

Olayemi Cardoso, governor of CBN, said the NRBVN is aimed at increasing financial inclusion, particularly for Nigerians living outside the country.

HOW TO APPLY FOR THE NRBVN

Applicants can access the new platform and with a recognised email by visiting the link https://nibss-plc.com.ng/nrbvn/.

After registration, a link is sent to the email address provided to activate the applicant’s . The link also redirects the applicant to another page for creation.

The next process requires them to scan a QRcode using any two-factor authentication (2FA) app like Google Authenticator.

When this is successfully achieved, applicants are taken to a page with options to “Onboard, Open Bank , or Remit Money.” From here, applicants select their appropriate type status from three options: ‘Nigerian, no BVN’, ‘Nigerian, BVN’, and ‘Nigerian by descent’.

DOCUMENTS REQUIRED FOR NRBVN ISSUANCE

To use any of the services on the platform, a valid port is the primary requirement, according to the portal. However, where this is not available, other documents that can be used are the Nigerian port (valid or expired), proof of foreign residency (valid foreign port, residence permit, green card etc.), utility bill, work permit and/or proof of employment, proof of tax payment in the country of residence, and foreign bank statements.

N80,000 REGISTRATION FEE

On the new portal, applicants are notified of a mandatory $50 non-refundable fee to process their registration using either a Visa card or a Mastercard. This contrasts with the free BVN registration for Nigerians living in the country.

After confirming the information, s are redirected to a secure Tazapay checkout page to complete the transaction using their debit or credit cards.

The payment portal, powered by international gateway provider Tazapay, was launched to process applications from diaspora residents who are unable to travel to Nigeria for biometric enrollment.

Once all the required information and documents are provided and payments made, the NRBVN system will validate and screen the information. Once approved, an NRBVN will be provided within 72 hours.

As of May 2025, with the naira trading at around N1,600 to the dollar, the BVN registration fee represents a cost of approximately N80,000 per applicant.

The initiative is expected to enhance know-your-customer (KYC) compliance and reduce identity fraud across Nigeria’s banking system, particularly in the face of tightening regulatory oversight over fintech operations, foreign exchange (FX) inflows, and diaspora remittances.

Source: https://www.thecable.ng/work-permit-valid-port-n80k-fee-how-nigerians-in-diaspora-can-apply-for-bvn/
Atarakpa: 9:35am On May 25
Gradually we are getting there. BAT on your mandate I stand jagaban!!!!!

6 Likes

caniva(m): 9:38am On May 25
Why are they paying again?

4 Likes

Adexgentle005(m): 9:39am On May 25
80k fee to get a bvn? You gotta be kidding me right now. This is a joke taking too far.

11 Likes

Adexgentle005(m): 9:39am On May 25
caniva:
Why are they paying again?
I taya oh

4 Likes

lexy2014: 9:41am On May 25
Adexgentle005:
80k fee to get a bvn? You gotta be kidding me right now. This is a joke taking too far.

emilokan on the beat

7 Likes 1 Share

streetshuttle(m): 9:45am On May 25
That's fair enough. So far so good. We're getting there.

3 Likes

Sirianese: 9:46am On May 25
lexy2014:


emilokan on the beat

Hon. Tax and Die cheesy

4 Likes

NaijaNaWaa: 9:53am On May 25
This doesn’t make an iota of sense. Can anyone educate me on the value of BVN and why it should be monetized? What can BVN do that National ID can’t do? 2 hungry man indomie to anyone who can make a serious defense of BVN.

8 Likes

otabuko(m): 9:54am On May 25
Cut our throats. Emilokan

2 Likes

saphiere(f): 9:55am On May 25
caniva:
Why are they paying again?
They have to pay because this is not BVN but NRBVN.

3 Likes

wunmi590(m): 10:01am On May 25


Why are they being mandated to make payment?

I will rather purse it and when next I'm coming to Nigeria for vacation, I will work into a bank and enrol for BVN and NIN for free..

Money that would not be able for at the end of the day...

6 Likes

Apel147(m): 10:17am On May 25
Cost of security logistics is not same as what they would if they were in the country!

caniva:
Why are they paying again?

1 Like

Misterone: 10:18am On May 25
People are just yapping nonsense on this thread. Is the $50 not better than the requirement of physical presence that use to apply before now! Will anyone prefer to pay millions of naira for transportation and waste of time instead of $50!

9 Likes

rigid123: 10:19am On May 25
You want to make it easier for people to repatriate their dollar to boost your economy, you put obstacles on the way ($50 bvn). That's shortsighted and discouraging. Why not make it free and enticing? If someone repatriates $5k because of your initiative, you make a lot that covers the fee indirectly. Imagin 10k people repatriate 5k each in a month.This is common sense.

4 Likes

bigtt76(f): 10:21am On May 25
Lol what of those with BVN already any need to do this? 🤣

1 Like

okeke6969: 10:22am On May 25
Jagabandit on the bit. You gonna learn😪😪😪

2 Likes 1 Share

visijo(m): 10:22am On May 25
if una don hang like 5 wig untop una wardrobe nobody be una class again
ledaman: 10:24am On May 25
Just to make more funds for FG without reflection on the masses. undecided

2 Likes

TechBaron: 10:27am On May 25
Why
otherway: 10:29am On May 25
rigid123:
You want to make it easier for people to repatriate their dollar to boost your economy, you put obstacles on the way ($50 bvn). That's shortsighted and discouraging. Why not make it free and enticing? If someone repatriates $5k because of your initiative, you make a lot that covers the fee indirectly. Imagin 10k people repatriate 5k each in a month.This is common sense.

Nice reasoning

1 Like

Lighterx: 10:30am On May 25
visijo:
if una don hang like 5 wig untop una wardrobe nobody be una class again
Na me b this
But my own b 5 designer cloth
visijo(m): 10:46am On May 25
Lighterx:

Na me b this
But my own b 5 designer cloth

But why na?
So guys can't rapport with you again undecided
boldmkay: 10:50am On May 25
#80,000 too small na
Lighterx: 10:51am On May 25
visijo:


But why na?
So guys can't rapport with you again undecided
Oga I b guy
youngrichnigga: 10:53am On May 25
Na diasporan Nigerian bank patronage go suffer people will rather keep their monies in Fintechs that are able to provide services needed, a whole N80k Plus for bvn? undecided undecided undecided

2 Likes

DLifeless1: 10:56am On May 25
Misterone:
People are just yapping nonsense on this thread. Is the $50 not better than the requirement of physical presence that use to apply before now! Will anyone prefer to pay millions of naira for transportation and waste of time instead of $50!
rigid123:



Misterone
This is your fellow human being, can you see how living things reason? When you sprinkle some of your destiny into the brown paper and wrap it up with kolos to smoke, this is the result, just to sound sane with your APC brain, you've disgraced your lineage now. Tueh!



You want to make it easier for people to repatriate their dollar to boost your economy, you put obstacles on the way ($50 bvn). That's shortsighted and discouraging. Why not make it free and enticing? If someone repatriates $5k because of your initiative, you make a lot that covers the fee indirectly. Imagin 10k people repatriate 5k each in a month.This is common sense

.

1 Like

DLifeless1: 11:01am On May 25
saphiere:
They have to pay because this is not BVN but NRBVN.

So the NR before the BVN cost 80K?
N is 40K, and R is 40K?
APC Ntooor! Ekwensu echiele unu amù na ire, tueh.

5 Likes

Menclothing1: 11:03am On May 25
NaijaNaWaa:
This doesn’t make an iota of sense. Can anyone educate me on the value of BVN and why it should be monetized? What can BVN do that National ID can’t do? 2 hungry man indomie to anyone who can make a serious defense of BVN.

You can’t open any acct or buy government property or loan without BVN
NiN can’t do that alone it needs BVN

Without BVN you can’t even Nigeria port

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