Create a Vbiz Profile

To create a user profile on Vbiz, you will need your 

  • Company account number (if you are onboarding an existing account)

  • Bank verification number (BVN)

  • National identification number (NIN)

  • Phone number

  • Email address (which will be your username)


Either you are creating a new business account or onboarding an existing account, 

  • click on Sign up, 

  • choose the desired account to be created, 

  • Click on proceed to sign after reviewing the profile creation requirement

  • Enter your profile creation details and click on proceed

    • If you are onboarding an existing account, enter your business account number and click on proceed to do the above

  • Enter the OTP code sent to your email address, click on proceed

  • Enter the OTP code sent to your phone number, click on proceed

  • Proceed to create your profile password

  • Congratulations!!! Your VBiz profile has been setup

  • You can continue in the business 


Note: If you didn’t receive an OTP via email or SMS, please ensure that the email or phone number you entered is correct and active. If the issue persists, contact us at support@vbiz.ng for immediate assistance. 

Create a Business Account


VFD MFB offers a free corporate account exclusively for registered Nigerian business institutions, and it can be created in just 5 minutes. The accepted business categories on the platform are listed here



New Registered Businesses. 

  • VBiz can be accessed via the website - https://business.vbank.ng/ 

  • On the website, tap on Open Account, click Sign Up and select Open New Account 

  • View requirements and proceed to sign up. 

  • Provide personal information and authenticate using OTP sent to both phone and email. 

  • Set up login information and choose a business type. 

  • View required details proceed to enter company information (business name, Industry type, Business registration type, CAC number and TIN). 

  • Enter management’s information (BVN, ID card, phone number and email). 

  • Upload documents according to business type. 

  • Enter referees’ details (Name and email address) 

  • Select which company management will be signing the consent letter. 

  • Preview & confirm all details provided, then submit. 

  • Login to set up workflow.  

    • Sole Operator - one person will initiate and authorize transactions. 

    • Multiple operators - there will be other users who will perform different activities (Initiator/Verifier/Authorizer). 

  • If there will be other operators, select the flow that will apply [initiator to authorizer or initiator to verifier to authorizer] 

  • Select your role and create other operators and assign roles. 

  • You will need the operator’s BVN, ID number, phone number and email to create and assign roles to them. 

  • Submit request. 

 

NOTE: Upon successful sign up,  

  • Emails with a link will be sent to the provided referees to fill out and submit. 

  • Selected management will also be sent emails with a link to give consent. 

  • Customer is expected to fund newly opened account with ₦10,050 for corporate search, ensure referees submit completed reference forms and company management approves request, this is a prerequisite for the bank to approve. 

  • The bank’s approval is required for the account to become fully operational – this is after the documents have been reviewed, outstanding documents regularized, and the search fee debited. 

  • The other account operators will also get emails with a link to enable them set up their login passwords and start using the portal. 

 

Existing Account – onboarding an existing VBank corporate account. 

VBiz can be accessed directly using the link - https://business.vbank.ng/


  • On the login page, select Sign Up and select Sign up with an existing account. 

  • View requirements and proceed to sign up. 

  • Enter the corporate account number, confirm the masked contact details displayed and proceed. (This is where OTP will be sent to your email and phone number). 

  • Input the OTP and set up login email address and password. [Please note that this email becomes the super admin’s profile]. 

  • Provide details of the super admin (BVN, ID card, Phone Number) and choose the type of business to set up. 

  • Depending on the business type, provide details of management (Name, phone number and email). 

  • Select workflow - Sole Operator or Multiple Operators 

    • Sole Operator - one person will initiate and authorize transactions. 

    • Multiple operators - there will be other users who will perform different actions (Initiator/Verifier/Authorizer/Viewer). 

      • If there will be other operators, select the flow that will apply [initiator - authorizer or initiator - verifier - authorizer] 

  • Select your role and create other operators and assign roles to them. 

  • You will need the operator’s BVN, ID card number, phone number and email to create and assign roles to them. 

  • Choose company management who will sign the Consent letter. 

  • Create and confirm PIN. 

  • Review and confirm all provided details and submit.