Statutory
Statutory IDs (BVN, NIN, TIN)
The identifiers payroll needs — Bank Verification Number, National ID, Tax ID.
Statutory identifiers — the BVN (Bank Verification Number), NIN (National Identification Number) and TIN (Tax Identification Number) — are needed for payments and statutory filings. In a well-built system they're encrypted at rest and masked in exports by default.
Related terms
See it applied to real payroll
Vintage People handles every statutory rule for you — accurate, compliant and audit-ready.