Npower: Only BVN/Account Number Can Not Give Someone Access to Withdraw Money

No body can withdraw money from your account with only your BVN. BVN is just like your account number. The most important aspect of your account were as follow; The combination of the following;

1. ATM card number and pin number
2. Your bank registered phone number (i.e the SIM CARD and its number) together with that your particular bank name, and your bank account number/ BVN (one can use it to download and register a new device and withdraw all your money in that particular bank)

3. Your mobile app password and pin number, (when one have access to your phone with this information, he/she can use it to recharge his phone, pay bill or transfer money out from your account)

4. Internet online banking username, password and pin (with this your information, one can have access to your account from any part of the world, he/she can recharge his or her phone, pay bills, and transfer money out from your account.) Most bank provide token, hard/soft token for transaction to take place.

5. Your check book and your account signature. Out side the above possible way, nobody apart from you and your bank will withdraw your money from your account. So only BVN/Account number can not give someone access to withdraw your money.

Make sure you update and remove the phone number you register your account  with, that is no longer in use, because one can easily use to download mobile app and pay bill, recharge his phone, and transfer out money from your bank account.

For instance, I bought a glo line and registered it, since I bought the line, every transaction done by the former owner enters my phone, which has details of her account number. I have search the name of the owner using Facebook, telling her to update and change the number to her current phone number.

Has it been that her glo line that has now turn to be mine enters wrong hand, the person will do away with her money.

Search Tags: Your bank registered phone number, To download and register a new device and withdraw money, Internet online banking username, password and pin, can one have access to your bank accounts, check book and your account signature, To download mobile app and pay bill, BVN bank account number