We can never have it enough in this century of ease. Are you thinking of trying out the VFD Bank this article is created just to help you out.
VFD Bank is an online bank and also works as a microfinance bank. This bank provides a seamless and convenient digital banking experience for all its users.
With the VFD platform, you can easily access your accounts, make secure transfers, withdraw funds, and pay bills from the comfort of your home. In this article we will look at its features and also how to create your account with that bank.
About VFD Bank
Ouch! VFD Bank is just a good option if you want a digital wallet for your personal and business transactions.
It is good to state here that VFD Bank offers free transactions, pays interest on your savings, and allows you to check your account from anywhere. Vbank app takes banking to a whole new level by making it accessible, convenient, and affordable.
Another great feature of the VFD Bank app is that you are also offered a physical ATM card, which will be delivered to your doorstep. Alternatively, you can simply cc create a virtual card directly from your user dashboard.
This virtual card works just like the normal card you are used to already. But with the virtual card, you enjoy the same flexibility and convenience.
Main Features of VFD Bank
The Vbank app has many features that set it apart from the rest. Opening an account at VFD Bank is like having a second bank account but with full control and, most importantly, no transaction fees. This means that you can save more of your hard-earned money. Let’s take a closer look at these activities:
Easy VFD Account Registration
Gone are the days of tedious paperwork. Vbank offers a fully digitalized account opening process. To get started, simply follow these steps:
- Download the VFD Bank app from the Google Play Store or Apple Store for iOS users.
- Install and open the app, then click on “Create Account.”
- Enter your phone number (ensure it’s linked to your BVN), and date of birth, and use the referral code BGCMK.
- Click “Continue” and verify your account with your BVN or use an existing bank account for verification.
- Verify your address and complete any other required verifications.
Congratulations, you’ve successfully opened a Vbank account!
Zero Transaction Charges
One standout feature of VFD Bank is its zero-charge policy on all transactions. Say goodbye to unnecessary fees imposed by traditional banks and enjoy fee-free transactions to all banks. With Vbank, there are no hidden fees or strings attached.
Earn Interest on Your Savings
With a VFD Bank account, you’ll earn interest on your savings every month. This means your money won’t just sit idly in your account; it will grow over time, providing you with significant returns.
V Debit Card for Easy Payments
When you create a Vbank account, you gain access to a physical V card. Here’s how you can use it:
- Make withdrawals and deposits.
- Transfer funds between accounts.
- Check your account balance.
- Make online purchases at various retail stores and online merchants.
- Use the card for bill payments, including electricity, cable TV, water bills, and more.
The V card is widely accepted in at least 23 other African countries, making it a versatile payment option.
VFD USSD Code *503*7#
VFD Bank offers the convenience of performing basic transactions via USSD code *503*7#. This code allows you to:
- Buy airtime.
- Pay bills, including school fees and betting.
- Send money to others.
- Perform withdrawals.
- Check your account balance.
- Make cardless withdrawals.
- Create/reset/change a transaction PIN.
- Set up your debit card PIN.
This service is available on various phone types, including Android and iOS devices, and doesn’t require an internet connection.
Buying Airtime with VFD USSD Code
Using the USSD code for airtime recharge is convenient and available 24/7. You can recharge your own phone or others’ numbers easily.
This method is particularly useful when you’re traveling or in need of an urgent top-up for calls or data.
VFD Bank Account Registration
Registering for a Vbank account is a breeze. In just a few minutes, you’ll have full access to your VFD Bank account. Here’s how to do it:
- Download the Vbank mobile app.
- Use your BVN number or an existing bank account number to create your account.
So, If you have decided to opt for the BVN method, then follow these steps:
- First, you have to enter your phone number and referral code BGCMK.
- Next, Select the BVN-linked number option.
- An OTP will be sent to your phone number. Enter that OTP sent to your BVN number via SMS.
- Afterward, you have to provide your email address, set a password, and confirm it.
- Now is the time to Take a photo or select a photo for photo validation. Just relax on this so you can get a good shoot by the camera
- Remember to Create a 4-digit PIN that you can easily remember
Eureka! Your account has been successfully created. Almost immediately, a notification to confirm your account creation is sent to your phone.
Funding Your VFD Bank Account
Yes, it’s time to begin using your account. You have to find your account as soon as you create it.
To fund your account, You have various methods to use, including a USSD code, ATM card, and direct transfer. Always use the one that suits you best.
Note that you get an account number once your account is created. With that account, you can use to send money to your VFD Bank account at any time.
VFD Customer Care
Should you encounter any issues with your VFD Bank account, the customer care team is ready to assist you. You can reach them through various channels:
So do you think, you love to use VFD Bank? As we have covered in this article, they offer an exceptional digital wallet experience that you should definitely explore. You can follow the steps stated above to perform all the actions you desire.