18/09/2025
YEIDEEP Program Update.
This All You Need to Know
The YEIDEEP program has raised a lot of dust and questions, especially around account opening and batch processing.
A lot of people has been asking this and that, so I have decided to answer your questions. Here’s a simple breakdown to help you understand how it works:
-Program Structure: Batch by Batch
First Batch
Early applicants received a unique code.
With this code, they could either:
Visit one of the first three approved banks (Keystone, Fidelity, Lotus) to open an account, or
Open the account themselves online using a special link.
Later Batches
Applicants in later stages did not receive a code. They also do not need to go to any bank.
Instead, YEIDEEP verifies their details and automatically opens the account for them.
Once ready, the account information is sent directly to the applicant.
Why Did the Process Change?
As the number of applicants grew massively, YEIDEEP had to adjust the system:
1. The number of partner banks increased from 3 to 12.
2. The application portal was upgraded to include applicants’ BVN details.
3. With this update, accounts can now be opened directly by the system once your application is successful.
What This Means for You
✅ Once you submit your application with the correct details, your part is complete.
✅ You don’t need to open an account by yourself. Any personal account you create outside the program will not be used.
✅ If you haven’t received your account details yet, it simply means it’s not yet your turn, not that you’ve been excluded.
Important Advice
Many people, are stressing themselves unnecessarily by rushing to banks or worrying when they don’t see an account immediately. There’s no need for panic.
Just be patient, stay hopeful, and allow the process to work.
Payments will also follow the same batch-by-batch system as the applications.
