In Nigeria, Moniepoint has become the most trusted online bank and the most popular name in Agency banking. Just as we synonymise Indomie with noodles, that is how people now synonymise Moniepoint with POS. That would have interested you in creating a Moniepoint account, either for personal or business needs.
To open a Moniepoint account, you do not need many requirements, and it costs zero naira to have a fully upgraded account if you follow these steps.
What Do I Need To Open Moniepoint Account
You need the following requirements to create your first Moniepoint account:
- Phone Number.
- Referral Code (Optional).
- Internet Connection.
- National Identity Number (NIN). – for Nigerian Citizen
- Bank Verification Number – BVN (Optional – for upgrade).
- Utility Bill or Government-Issued Document (Level 3 Requirement) Optional.
- Business Account: Corporate Affairs Commission – CAC Document & Tax Identification Number (Level 4 Requirement) Registered Business- Optional.
Currently, the above-mentioned are all you need to open a Moniepoint account in Nigeria. (as of when this content was published online).
Before we get started, here are a few things to keep in mind.
- You must be above 16 years old to use Moniepoint Account (as required by CBN).
- Well-lit place, so your face can be properly captured (Where there is enough light).
How To Get My NIN on Moniepoint
You need NIN to open Moniepoint account, if you’ve not registered before for NIN. go to NIMC centre to get registered and obtain your NIN number from your ID card. it takes within 24 -48 hours to start working.
Already gotten your NIN before, dial *346# on your phone number. this service cost you #20 from your network, not Moniepoint.
Unable to validate your NIN or NIN failed to work on the Moniepoint App, visit the NIMC website to validate – nimc.gov.ng
How To Get My BVN on Moniepoint
To open Moniepoint account, BVN is optional unless you want to upgrade to level 2 or you do not have NIN to open Moniepoint account. BVN is generated by commercial banks in Nigeria.
If you’ve not registered before for BVN in the Bank, visit any commercial bank near you to get a BVN. It takes under 24 hours to get it.
If you do not have them all, No problem.
BankinTips would take you on the step-by-step process of how you can open a Moniepoint account with one requirement you have.
NIN or BVN, Which is Better To Open Moniepoint Account
Whether you are sceptical of adding your BVN to your Moniepoint account or you have just your NIN number with you. Here is how to open Moniepoint Account without BVN Online.
How To Open Moniepoint Account without BVN or NIN
Unlike before that you can open Moniepoint account without BVN and NIN, CBN has mandated the regulation of Online fintech banks to ensure users open their accounts with BVN and NIN to verify their Identity before they can carry out transaction or large sum of transaction.
However, you can open Moniepoint account without BVN by using these simple steps;
Get your valid National Identification Number -NIN, you can get your NIN using the USSD code *346# on your registered phone number used to register you for NIN. This works for all networks in Nigeria (MTN, Airtel, Glo, T2 and Vitel).
Once you are able to get your NIN number, you can now decide to open Moniepoint account using USSD code *5573# or Open Moniepoint Account Online by downloading the Moniepoint App from your preferred options (App Store or Play Store). We suggest you download the Moniepoint Personal App for personal use, and they charge you 10 naira for transfers to other banks and free transfers to someone Moniepoint account. You get 3 free transfers to other banks daily.
Moniepoint Referral Code to Open Account: BATL054
Steps To Open Moniepoint Account Fast & Free
Step 1: Download Moniepoint App (Free)
Search for Moniepoint Personal on the Google Play Store and install the app. For iPhone, Get the app on Apple App Store.
Step 2: Open Moniepoint Account
Now you have the Moniepoint App installed. To create an account, Open the Moniepoint app and click on Sign Up.
Accept Moniepoint Terms and Conditions to consent to your account opening.
Then, Enter your Phone Number and Referral Code
Moniepoint Referral Code is BATL054
After you enter the Moniepoint Referral Code: BATL054, continue.
On the next page, an OTP would be sent to your phone number.
Enter the OTP and continue.
Step 3: Using NIN Number
On this page, you are given an option to continue creating your account with NIN or BVN. Choose NIN and enter your 11-digit NIN number.
Capture your face and continue.
Hurray! Your account has been created, and your account number is activated.
You can use your phone number without the first zero, 0, as your account number.
Final Summary:
You can Open Moniepoint Account without BVN, but using your NIN number.
Would you like me to be your Moniepoint Business Relationship Manager?
If yes, kindly reach out to me via +2347035455113 on Whatsapp or Call (EBUBE).
What can I do for you as a Moniepoint Business Relationship Manager?
- Activate Moniepoint POS for you.
- Upgrade your Account to Registered Business or Registered Business Plus.
- Request for a transaction Increase Limit for you.
- Assist you in facilitating and processing the Moniepoint Loan.
- Giving you access to Moniepoint Solar Financing.
- Onboard you for MonieBook Software by Moniepoint.
- Initiate Moniepoint fixed deposit and savings for you.
- Escalate an issue on Moniedesk.
and many more.
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