Just whisper the word “Jollof” in West Africa and you could easily start a fiery feud of passion. That’s because determining which West African nation makes Jollof rice best is an ongoing matter of local pride and contention. Despite its ubiquity across the region, few foods have caused as much of a stir as Jollof …
The major reason why people prefer investing their funds in a fixed deposit is the assured rate of return. Once you invest your funds in a fixed deposit account, you can be guaranteed of receiving the stated rate of return. A lot of banks allow you to open or create fixed deposits online from your …
For some people, financial struggles are due to not having enough income. For many others, though, the problem comes from not spending money wisely or from spending more money than they make. If your financial struggles include spending money, I’m here to give you some tips on how to do it on a budget; after …
For 10 consecutive days, V Bank, the 2020 banking app of the year entertained corps members and officials alike at the V games veelage, an arcade set up with interesting games including snooker, Jenga, fuss ball, chess, scrabble, snakes & ladders, and video games. The event took place at the National Youth Service Corps (NYSC) …
For parents or guardians who want to teach their kids about money and financial literacy, one of the best things to do is to help your child open a savings account in your child’s name. Opening a Child Savings Account can help your child learn more about managing money, saving for the future, and other …
Fixed Deposits are a brilliant method to grow your funds while maintaining the highest level of safety. It is one of the most popular options because it allows you to deposit a specific amount on your Vbank app and select a tenure that suits your needs. Once activated, it begins paying interest monthly, throughout the …
Uploading a valid means of identification for your V bank account is easy. As with most of the other pleasures of V, you do not need to leave the comfort of your home or contact anyone for help. As a regulated entity, V Bank, operated by VFD Microfinance is required by law to verify all …
How to upload your means of Identification on the V Bank App Read More »
Daily, more and more people are becoming more reliant on their smartphones to conduct financial transactions and practically all basic tasks expected of a bank. Like payment of bills, balance statements, credit transfers, reviewing transaction history, and many more. Now, banking apps have even more features than we thought banking could include. To this large extent, banking …
How to pay or receive money without using account numbers Read More »
In compliance with the directive from the Central Bank of Nigeria (CBN) to all Deposit Money Banks (DMBs) operating in the country, VFD Microfinance Bank operator of V Bank, Nigeria’s foremost digital bank, effective June 1, 2021, will introduce stamp duty charges to its customers. Stamp Duty is the tax government puts on legal documents, …
VFD MFB introduces stamp duty charges effective June 1, 2021 Read More »
Effective June 1, 2021, customers of VFD Microfinance Bank – operators of V bank, will be required to pay SMS charges. The charge, N4.00 per SMS, will apply to all transaction notifications sent to the account holder’s phone number. To avoid being charged, customers can opt-out of this service and receive transaction alerts via push …
*Each account attached to your referral code should have a minimum account balance. Download the agency structure pdf here for more info
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