We ask everyone who opens a Safebox Union account to give us their BVN (Bank Verification Number) and a valid ID issued by the government (driver’s license, voter’s card, national ID card or NIN slip). This helps us prevent identity fraud by confirming that everyone who uses Safebox Union, including you, is who they say they are.
We use the highest level of encryption to protect your personal information including your identity and confidential account details. We don’t share your information with unauthorised third parties, we would never sell your information and we don’t use your BVN to access any other bank account(s) you may have.
When you’re opening your Safebox Union account, we ask that you create a password (with any combination of letters, numbers and special characters) to secure your account. We may ask for your password to authorise any changes you make to your account information.
It’s mandatory for anyone opening a Safebox Union account to take a photo of their face during the account opening process so that we can confirm they’re opening the account themselves. This also helps prevent identity fraud.
Every Safebox Union account is secured with a unique four-digit PIN that only the account holder should have access to. You can’t use your Safebox Union account without first setting your sign-in PIN. Your transactions on the app are also secured with a transaction PIN, and your Safebox Union Card has its own four-digit PIN.
We send you real time alerts (in the form of text notifications and emails) for transactions on your account. This keeps you up to date on what’s happening with your money.
Questions people ask us often