Terms of Service Assets Microfinance Bank is committed to protecting the privacy and confidentiality of our customers' personal information, including their BVN data. We collect and use BVN data only in accordance with the provisions of the Bank Verification Number Regulation 2017 of the Central Bank of Nigeria. By enrolling for our banking services and providing your BVN data, you consent to our use of your BVN data for the following purposes: • Verification of your identity: We use your BVN data to verify your identity when you open an account with us or perform certain transactions. This helps us to prevent identity theft and fraudulent activities. • Compliance with regulatory requirements: We may use your BVN data to comply with regulatory requirements, such as the prevention of money laundering and terrorist financing. • Cross-referencing of accounts: We use your BVN data to cross-reference your accounts with other banks to ensure that you are not engaged in fraudulent activities or money laundering. • Service delivery: We use your BVN data to improve our service delivery and provide you with customized banking solutions. • At Assets Microfinance Bank, we take the security of your personal information very seriously. We have put in place robust technical and organizational measures to ensure that your BVN data is protected from unauthorized access, use, or disclosure. By agreeing to our terms of service, you acknowledge that you have read and understood the provisions of the Bank Verification Number Regulation 2017 of the Central Bank of Nigeria and consent to the use of your BVN data for the purposes outlined above.
