L
LequteMan
Guest
The Central Bank of Nigeria (CBN) has stated that the Oct. 31 deadline for registration for the Bank Verification Numbers (BVN) remains sacrosanct.
The BVN is a unique identity number that can be verified across the Nigerian banking industry inaugurated in February 2014.
“Last week Friday the bankers communicated that there is no extension on the BVN," Mr Dipo Fatokun, Director, Banking and Payment System Department (BPSD) of CBN said on Wednesday.
“If you have not registered go and register and of course submit your BVN to your bank, no extension on the deadline of October 31.
“By November 1 if you don’t have a BVN you won’t be able to operate your account, but that does not mean that your money will be confiscated as some people have said.
“No, what it means is that you should go and do your BVN, once you do your BVN and you link it to your account, you continue to operate your account.’’
Vanguard
The BVN is a unique identity number that can be verified across the Nigerian banking industry inaugurated in February 2014.
“Last week Friday the bankers communicated that there is no extension on the BVN," Mr Dipo Fatokun, Director, Banking and Payment System Department (BPSD) of CBN said on Wednesday.
“If you have not registered go and register and of course submit your BVN to your bank, no extension on the deadline of October 31.
“By November 1 if you don’t have a BVN you won’t be able to operate your account, but that does not mean that your money will be confiscated as some people have said.
“No, what it means is that you should go and do your BVN, once you do your BVN and you link it to your account, you continue to operate your account.’’
Vanguard
