Access Bank PLC, better known as Access Bank is a multinational commercial bank headquartered in Lagos State, Nigeria. This bank is licensed by the national banking regulator in Nigeria, the Central Bank of Nigeria. Access Bank currently has numerous subsidiaries particularly in the United Kingdom, South Africa, Kenya, Mozambique, Ghana, Zambia, Gambia, Congo, Rwanda, and Sierra Leone. Meanwhile, the Access Bank Group, the official owner of Access Bank has representative offices in countries like Lebanon, China, United Arab Emirates, and India.
Gone were the days when banking is like a luxury that cannot be easily accessed by anyone. To be able to open a bank account, you need to comply with a long list of requirements which is a hassle for everyone. But as the technology is upgraded, so with how banking is done.
People are now encouraged to use the bank to store their money for safety purposes. People can now buy at a grocery store, just by using their cards. After all, carrying money in your pocket is more dangerous than carrying a card that cannot be accessed without knowing its pin number.
Even when opening an account with Access Bank, it’s a whole new experience. All you have to do is to download the Access Bank PLC mobile app and you can start the process of verification to have a new bank account.
Step 1: Download the official app of Access Bank on Google Playstore. Search using the phrase ‘Access Bank PLC”.
Step 2: Tap install to start the downloading process. The application will be installed on your smartphone. Open the application to start registering an account.
Step 3: Register an account by entering your mobile phone number. Make sure that you have access to this phone number because a verification code will be sent here. Tap Continue.
Step 4: You will now receive the authentication code through SMS which you will use to sign up for an account.
Step 5: Tap Savings Account.
Step 6: Enter your personal details like name and date of birth. You will also be asked about your gender.
Step 7: Once again, you will be asked to enter your mobile number. After that, they will let you enter your email address.
Step 8: Enter your National ID Number.
Step 9: Pick your city where you reside and tap next. Type the name of a person that you consider as your “Next of Kin”. Enter the phone number of your “Next of Kin” and your relationship.
Step 10: Choose your preferred Access Bank Branch and click “Create Account”.
How can I open a bank account online without BVN?
BVN stands for Bank Verification Number. Every bank requires it because it is an important part of their verification process. However, if you are not a customer of Access Bank, you cannot have this BVN. But there’s nothing to worry about. You can still open an Access Bank Account even without BVN by following these steps.
Step 1: From your phone, dial *901#.
Step 2: Tap 1 on your phone to open an account.
Step 3: Enter the information being asked. Make sure to enter the right information to avoid the hassle. Double-check the details you entered before proceeding to the next step.
Step 4: Enter personal information like your name, ID number, mobile phone number, and other information that the system will ask you.
Step 5: After submitting this information, you will receive an SMS on the mobile phone number that you have provided.
What are the requirements for opening a bank account in access?
Just like any other bank, Access Bank requires you to comply with all the necessary requirements before you can open an account. Here are the requirements when opening an account in Access Bank.
- Duly Accomplished Form
- Identification Card such as International Passport, National Identity Card, Voter’s Card, and Driver’s License.
- KYC Documentation of the Customer
- 1 passport photograph
- Valid proof of residence
- AML risk assessment
- Visitation report
- BVN of the signatory (or signatories)
- An opening deposit of N10, 000 (cheque/cash)
After you successfully open an Access Bank account, you can enjoy a number of benefits which includes;
- No minimum balance required
- Opening balance of N10,000
- Access to mobile banking and internet banking
- Maintenance fee of N1/mile
- Availability of checkbook
- Different kinds of Debit Cards,
- Third-party transactions are allowed.