CBN extends deadline for BVN enrolment
on june 30, 2015 at 4:23 pm in news
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The Central Bank of Nigeria, CBN, has
extended the registration for the Bank
Verification Number (BVN) till 31st October,
2015.
Customers besiege
banks as BVN
registration
deadlines expires
FILE PHOTO: Customers besiege banks as
BVN registration deadlines expires
Recalled that chaotic situations were
recorded in most banks’ premises in
Nigeria, Monday, as hundreds of customers
besieged banks in a bid to beat the deadline
for the BVN enrolment which was earlier
billed to expire on Tuesday, 30th June,
2015.
Also, customers that have more than one
bank account were also seen with pieces of
white papers where the banks where they
had registered wrote their unique BVN
numbers to take to other banks to key in.
The BVN, a central bank initiative, which
was launched in February 2014, is being
supported by the bankers’ committee. It is
aimed at protecting bank customers and
further strengthening the Nigerian banking
system. It was among other things,
introduced to address safety of customers’
funds, avoid losses through compromise of
personal identification numbers and other
criminal activities in the industry.
The BVN is a unique number that enables
one person to have a single identity in the
banking system. It basically ensures that a
customer’s identity is not stolen. A
customer is only expected to register at one
bank, irrespective of the number of
accounts he has.
by ROTMANLUV 2023-07-08, 17:34
