" ITREALMS: BVN enrolment: CBN gives special concession to Nigerians in Diaspora

Monday, June 29, 2015

BVN enrolment: CBN gives special concession to Nigerians in Diaspora

The Central Bank of Nigeria (CBN) has said it would give special concession to Nigerians in diaspora to enable them get or activate their Bank Verification Number (BVN) in the country, reports ITRealms.

Disclosing this, the Special Adviser on Communication to CBN Governor, Mr. Ugo Okoroafor, while fielding questions on Channels TV Business Morning on Monday monitored in Lagos by ITRealms, said this is the only anticipated shift in the BVN exercise which commenced last year.

ITRealms recalls that last September, CBN along with banks began Bank Verification exercise to ascertain the owners of bank accounts across the country, which is expected to come to an end on Tuesday, June 30, 2015.

ITRealms gathered that with this development Nigerians living in the United States (US), United Kingdom (UK) or any other part of Europe are not part of those who may be cut up with the June 30th deadline for the registration or obtaining of BVN.

This is against the initial directive that Nigerian banks customers living outside the country must come back to the country to enroll. 

Okoroafor also disclosed that out of the 40m accounts in the country less than 20m have been registered as at the time of the interview.

He urged Nigerians, especially account owners to ensure they obtain their BVN between today and tomorrow.

According to him, special attention is being packaged for Nigerians in diaspora because of the peculiarity of their various countries and time zones among other exigencies, which will be avail such group.

However, every BVN expires in the 10th year.


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