what is nuban account number

A NUBAN (Nigerian Uniform Bank Account Number) is a 10-digit account number format that was introduced in 2011 by the Central Bank of Nigeria to standardize and unify the various account numbering systems used by Nigerian banks. The NUBAN system helps to streamline the account numbers of all account types to the 10-digit format, providing a standardized system for numbering bank accounts and ensuring that money is sent and received by the correct accounts. Each bank account in Nigeria has its own unique NUBAN, and it is used as a means of account identity at every interaction with the bank. NUBAN numbers are safe and legitimate, established by the Central Bank of Nigeria in compliance with West African Monetary Institute standards. They are also safe to give out to others from whom you expect to receive money, as only the account owner can withdraw funds using the NUBAN number. You can find your NUBAN account number on any recent bank statement if you have a Nigerian bank account or within your online banking account. Additionally, there are various methods, such as SMS, USSD code, and online or mobile banking services, to easily check your NUBAN account number.