Save time by preparing the right documents before you begin. This checklist ensures a smooth verification process whether you choose Verified Mode (BVN-linked) or Private Mode.
Monivest offers two account types. Your required documents depend on which one you pick:
Verified Mode (BVN-Linked) – Recommended if you want instant wallet funding, higher credit limits, and faster withdrawals.
Private Mode – Ideal if you prefer to keep your BVN private and fund through the cooperative account.
Item | Why It’s Needed |
|---|---|
Bank Verification Number (BVN) | Links your Monivest profile to your bank account for instant funding and loan access. |
Government-Issued Photo ID | Acceptable IDs include NIN Slip/Card, International Passport, Driver’s License, or Voter’s Card. |
Proof of Address | Recent utility bill or bank statement (dated within the last 3 months) to confirm your residential address. |
⏱ Typical Processing Time: 5–30 minutes once documents are uploaded.
Item | Why It’s Needed |
|---|---|
Full Legal Name | Must match the bank account where withdrawals will be sent. |
Bank Account Details | Account name and number for withdrawals. |
Optional ID | Not required at sign-up, but recommended for faster resolution of future support requests. |
💡 Important: Withdrawals can only go to a bank account with the exact name you entered during registration.
Upload clear, well-lit photos of your ID and documents.
Ensure all details match exactly (names, dates of birth).
Enable Two-Factor Authentication (2FA) once your account is active for extra protection.
If you run into any issues, our team is available 24/7:
WhatsApp/Call: +234 813 900 8999
September 2025