When you open a universal saving or current account with V Bank, you can immediately request a Verified V debit card so long that account is funded.
The V card is useful for making withdrawals and deposits, transferring funds between accounts, and checking account balances. It is also useful for making purchases online and at most retail stores.
The Verified debit card is a product of V Bank launched as a payment solution to enable customers to make payments from their accounts. Currently, it’s issued on Verve cards to requesting customers. The card simply acts as a channel for transactions via ATMs, POS machines, and other online/web payments. And it’s amazing to know that the V card can be used in at least 23 other African countries.
Well, that tiny, verified plastic in your wallet can do much more for you like:
- Get mini statements.
Mini statements are the shortened version of what your bank would send you a month or quarterly, depending on your indicated preference. That is, a quick summary of your banking transactions for the month can be accessed via your V card. You should try it.
- Transfer money between accounts
Supposing you have accounts with different banks, say, Y Bank and V Bank. If you must use bank Y’s account for a purpose and require funding, you can move money from your V account directly from your app or on an ATM using your V card. Follow the procedure to transfer funds as stated on the machine and rest easy.
The important thing to remember is that you can use your V card on any ATM, and you can.
- Pay your utility bills
Be it your electricity bill, cable TV bill, association dues, water bills, etc., your V card will help you make payments on all these consumer services. Again, locate the nearest ATM kiosk or POS terminal, be ready with your PIN and you won’t have to spend hours standing in the scorching sun to make your utility bill payments.
- Make Online Purchases
Making online purchases is now easy with a V card as it is generally accepted almost in all major online stores and merchants.
Unlike purchases at a checkout counter, online purchases will be processed as a “credit” transaction, and funds will be deducted from your account.
Besides, you can spend whatever amount of money you stored on the card. Once the balance is used up, you can reload the card online or at an ATM, a participating store, or other physical location.
So, getting your V Card is so easy and simple. You can make a request for the debit card via the V bank app or via filling physical forms or even from the V-chat banking (i.e., our WhatsApp Banking service)
Opening a V Bank account is easy and can be completed within 2 minutes. The application enables you to create an account either by using an existing BVN number or an existing bank account number.
So, have you downloaded the Vbank App? Let get you started on your V Account opening, as all you need, is to download the V by VFD app, Available on Android and iOS app stores.
