Are you are a brand-new user, freshly come across with the Kuda bank mobile app?
You’re eager to explore many features it offers, but before you can embark on this financial adventure, there’s one critical piece of information you need to provide your BVN. Without it, you’ll find yourself at a standstill, unable to access the app’s.
In this article, we’ll shoe how to open a Kuda bank account without BVN, offering you a lifeline in case you don’t have this vital piece of identification. We’ll proceed into alternative methods and explore every avenue to ensure that you can join the Kuda community, even without a BVN. So, without further ado, let’s navigate this intriguing journey.
What is Kuda Bank?
Kuda Bank, established in 2019, has its headquarters nestled in Lagos, Nigeria. This digital bank stands out for its user-friendly mobile application and the affordability it brings to banking services.
What sets Kuda apart is its regulatory compliance. How? it is recognized by the Central Bank of Nigeria (CBN) and enjoys membership with the Nigeria Deposit Insurance Corporation (NDIC). This affiliation ensures that your deposits up to ₦500,000 are secured even in the event of Kuda Bank’s insolvency.
What Are the Requirements to Open a Kuda Bank Account Without BVN?
Before going further on how to open a Kuda Bank account without a BVN, make sure you have the following documents at your disposal:
1. Your full name
2. Date of birth
4. A valid government-issued ID: Options include a passport, driver’s license, or national ID card.
5. A utility bill or bank statement: This document should verify your current residential address.
How to Open a Kuda Bank Account Without BVN
Here’s a step-by-step guide to help you open a Kuda Bank account without the need for a BVN:
Step 1: Download the Kuda App
Begin by downloading the Kuda app from either the Google Play Store or the Apple App Store, depending on your mobile device.
Step 2: Create an Account
Upon successful installation, launch the app and initiate the account creation process. You’ll be asked to provide essential details, including your name, date of birth, and residential address. Follow the on-screen prompts to complete this step.
Step 3: Provide Your Identification Documents
To verify your identity, you’ll need to upload clear and legible copies of the following documents:
Valid government-issued ID: This could be your national ID card, driver’s license, voter’s card, or international passport.
Utility bill or bank statement: Ensure that this document displays your current residential address.
Step 4: Verify Your Account
After submitting your identification documents, Kuda Bank will send a verification link to the email address you provided during registration. Click on this link to validate your account.
Step 5: Start Using Your Kuda Bank Account
With your Kuda Bank account successfully opened and verified, you can now explore and utilize the wide array of features and services that Kuda has to offer.
Author’s Comment, and conclusion
That’s the ends I am sure you can now open a Kuda bank account without BVN and enjoy seamless transactions. Thanks for reading
Can Kuda receive money from abroad?
Currently, Kuda does not allow users to receive money from abroad directly into their Kuda account. However, there are a few workarounds that you can use.
You can open a domiciliary account with a traditional Nigerian bank such as first bank. This is a bank account that is denominated in foreign currency, such as US dollars. Once you have opened a domiciliary account, you can then receive money from abroad into that account.
Can I use Kuda in UK?
Yes, you can use Kuda in the UK. Kuda is a fintech company that operates in Nigeria and the UK. To open a Kuda account in the UK, you will need to have a valid UK ID and proof of a UK address. Y