Why Does Wicrypt Need To Verify My Identity?

At Wicrypt we are committed to providing better security and more efficient service to our customers. Know Your Customer (KYC) identity verification helps us protect our customers from fraud and money laundering. It is for this reason we ask our customers to verify their account.

Is it safe to provide my Bank Verification Number (BVN) to Wicrypt?

The Bank Verification Number (BVN) was introduced by financial institutions in Nigeria to help protect customers from identity theft and fraud. 

Our users are required to provide their BVN when upgrading their account. With your BVN, Wiycrypt will not be able to access your bank account or your financial information. We only need to know your; Full Name and Date of Birth. 

All personal information, including your BVN, is secured and encrypted. We will not share your information with any unauthorized personnel at Wicrypt to assist in the verification process. 

For more information on BVN, its purpose and benefits, please see https://nibss-plc.com.ng/bvn

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