VBank Account Opening 2026. Learn the essential VBank USSD code (*5037#), VFD Microfinance Bank services, and app features.
VBank Account Opening: Codes and Services in 2026/2027
​Did you know that the landscape of digital banking in Nigeria keeps to evolving, thereby bringing financial control directly to your smartphone? Whether you are an entrepreneur managing daily expenses or a professional saving for the future, finding a reliable, tech-driven financial institution is paramount. At the forefront of this digital revolution is VBank, officially known as VFD Microfinance Bank.
Read Also:Â Wema Bank & Parrelex Bank USSD Transfer Codes 2026: Complete Comparison Guide
​If you are looking to navigate the VBank Account Opening: Codes and Services in 2026/2027, this comprehensive guide covers everything you need to know—from essential USSD codes to the latest app features designed to make banking seamless.
​What is VBank (VFD Microfinance Bank)?
​VBank is the fully digital banking arm of VFD Microfinance Bank, one of Nigeria’s leading financial institutions. Built to eliminate the stress of traditional banking, VBank provides users with an intuitive mobile application and robust USSD infrastructure.
The platform is tailored for individuals, small businesses, and corporations who want quick, secure, and rewarding financial services without ever needing to visit a physical banking hall.
​How to Open a VBank Account in 2026/2027
​Opening an account with VFD Microfinance Bank is a frictionless process that takes less than two minutes. The bank has optimized its onboarding process to ensure anyone can gain access to digital banking instantly.
​Method 1: Using the V by VFD Mobile App
​The most feature-rich way to experience VBank is through their official application, available on both the Google Play Store and Apple App Store.
- ​Download the App: Search for “V by VFD” on your device’s app store and install it.
- ​Start Registration: Open the app and select the option to open a new account.
- ​Provide Your Details: Enter your phone number, email address, and Bank Verification Number (BVN). VBank uses your BVN to securely fetch and verify your identity in compliance with regulatory standards.
- ​Set Up Security: Create a secure password and a 4-digit PIN for authorizing your transactions. You can also enable biometric login (fingerprint or facial recognition) for faster access.
​Method 2: VBank Account Opening via USSD
​If you do not have immediate access to internet data, you can initiate your account opening offline.
- ​Simply dial the official VBank USSD code: *5037#
- ​Follow the on-screen prompts, enter your BVN, and set up your 4-digit transaction PIN to activate your mobile banking profile.
​The Complete VBank USSD Codes List (*5037#)
​For times when you are out of data or simply prefer the speed of offline banking, the VBank USSD code (*5037#) is your ultimate tool. Here is a quick-reference list of the essential short strings you will need for banking in 2026 and beyond:
- ​General USSD Menu: *5037#
- ​Buy Airtime for Self: *5037*1*Amount#
- ​Buy Airtime for Others: *5037*2*Amount*Phone Number#
- ​Buy Data Top-Up: *5037*3*Phone Number#
- ​Transfer to a VBank Account: *5037*4*Amount*Account Number#
- ​Transfer to Other Banks: *5037*5*Amount*Account Number#
- Check Account Balance: *5037*9*1#
- ​Initiate Cardless Withdrawal: *5037*9*2#
- ​Activate ATM Card: *5037*10#
- ​Reset PIN: *5037*9*3#
- ​Block Account/Card (Emergency): *5037*9*5#
​Security Tip: Never share your 4-digit USSD PIN with anyone. VBank representatives will never ask for your PIN or password.
​Top VBank Services and App Features
​VFD Microfinance Bank continuously upgrades its services to meet user demands. Here are the standout features and services available on the VBank platform for 2026/2027:
​1. Multiple Universal Savings Accounts
​Gone are the days when you had to mix your business funds with your personal savings. The updated VBank app allows users to open and manage multiple savings accounts directly from a single dashboard, making budget tracking incredibly easy.
​2. VBank Rewards (VRewards)
​Banking should be rewarding. With the VRewards program, you earn points every time you transact—whether you are paying bills, buying airtime, or transferring funds. These points can be redeemed for free bank transfers, discounted bill payments, or extra data.
​3. Advanced Target and Fixed Deposits
​VBank offers highly competitive interest rates for users looking to grow their wealth.
- ​Target Savings: Ideal for saving toward a specific goal (like rent or a vacation) with automated daily, weekly, or monthly deductions.
- ​Fixed Deposits: Lock away a lump sum for a specific tenure to earn premium interest. Users can even instantly generate and email their Fixed Deposit letters directly from the app.
​4. Cardless Withdrawals
​If you ever forget your wallet at home, VBank’s cardless withdrawal feature is a lifesaver. By dialing *5037*9*2# or using the mobile app, you can generate a secure, one-time code to withdraw cash from enabled ATMs nationwide without a physical debit card.
​5. Advanced Biometrics and Security
​To ensure funds remain strictly protected, VBank utilizes bank-grade encryption alongside advanced biometric authentication. Users can authorize transfers and payments using facial recognition or fingerprint scanning, removing the friction of repeatedly typing passwords.
​Frequently Asked Questions
​1. What is the official USSD code for VBank?
The official VBank USSD code is *5037#. You can dial this shortcode on your registered mobile line to open an account, buy airtime, transfer funds, and perform cardless withdrawals without needing an internet connection.
​2. How can I open a VBank account online?
You can open a VBank account in under two minutes by downloading the V by VFD app from the Google Play Store or Apple App Store. Alternatively, you can dial *5037# and follow the prompts. You will only need your Bank Verification Number (BVN) and basic personal details to complete the setup.
​3. Is VBank the same as VFD Microfinance Bank?
Yes, VBank is the digital banking platform and consumer-facing brand owned and operated by VFD Microfinance Bank. It operates as a fully licensed financial institution in Nigeria, designed to offer seamless mobile and USSD banking services.
​4. How do I transfer money using the VBank code?
To transfer money to another VBank account, dial *5037*4*Amount*AccountNumber#. If you want to send money to a different bank in Nigeria, dial *5037*5*Amount*AccountNumber#. You will be prompted to enter your 4-digit transaction PIN to authorize the payment.
​5. Is my money safe with VBank?
Yes, your funds are highly secure. VFD Microfinance Bank is regulated by the Central Bank of Nigeria (CBN) and insured by the Nigeria Deposit Insurance Corporation (NDIC). Additionally, the VBank app utilizes bank-grade encryption, two-factor authentication, and biometric login to prevent unauthorized access.
​Conclusion
​Whether you are seeking robust digital app features or reliable USSD accessibility, VFD Microfinance Bank stands out as a top-tier choice for Nigerians. Understanding the VBank Account Opening: Codes and Services in 2026/2027 ensures you can maximize the potential of your finances with minimal stress.
​For more information or to read about their corporate governance, you can visit the VFD Microfinance Bank official website. Embrace the digital banking revolution today and enjoy financial services tailored to your lifestyle.
Kindly follow and share this update to other users who may be interested or who are currently using the vbank but don’t really know the code of operation for offline transactions.
Thanks for reading.
Iniobong is the Founders of EazySaves and a seasoned Career Consultant with over 4 years of experience in Virtual HR Management. Holding an M.A. and B.A. in Linguistics, Iniobong combines his deep understanding of structured communication with SEO expertise to provide Nigerians with clear, actionable advice on career growth and financial literacy. He is dedicated to helping young professionals navigate the digital economy with ease.
The co-founder is Anietie Asuquo
