How to open Kuda bank account on my phone?

How to open Kuda bank account on my phone?

Read all about how to open Kuda bank account on phone.

Kuda bank is Nigeria’s first mobile only bank that is licensed by the central bank of Nigeria. Kuda bank comes in with many amazing features, like zero card maintenance fees, free transfers, automatic savings and more.

Kuda bank started some few years back as Kudimoney, their aim was to solve the numerous problems that users had with traditional banks.

They later changed their name to Kuda bank, and grew their team to help them achieve their goal.

Kuda bank is registered and licensed by the Central bank of Nigeria (CBN) and their registration number RC796975. It is headed by CEO Babs Ogundeyi.

Kuda bank is mobile first and they have no physical bank to carry out transactions. This means that all its transactions are carried out on mobile.

In this post, I am going to be writing about how to open kuda bank account on your phone and more. Remember to leave us a comment after you finish reading and also share with your friends on social media.

Let’s get into it then…

Read my post on how to open access bank account online

How to open Kuda bank account online

To open a Kuda bank account, you will need to follow the below instructions:

  1. Download the app, which is available on both Google playstore and also iOS app store.
  2. Install the app on your phone and launch it
  3. Input your email address and password. If you have a referral code, input it.
  4. Copy the verification code sent to your email and paste it
  5. Input your first name, middle name, last name, gender and date of birth
  6. Input your phone number
  7. Get the verification code sent to your phone and paste it
  8. Input your state, city, street name
  9. Agree with terms and condition
  10. Create PIN
  11. Your account will be created
  12. You will then be required to login

The account that is created will be limited, but you can remove the limits by submitting a valid ID, providing your bank verification number (BVN), take a selfie of yourself and provide extra information.

Kuda bank referral

Kuda bank has a referral system that pays you 200 naira for every user that you refer and that signs up with your referral code.

Is kuda bank safe?

Kuda bank is safe. It is properly licensed by the central bank of Nigeria and has the registration number of RC 796975.

They use the same protocols that regular banks use to protect all your transactions on the app, so you should have no fear using it.

Conclusion

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