Central Bank of Nigeria has extended
the Bank Verification Number registration exercise for Nigerians abroad
from January 31 to June 30, 2016.
The CBN, in a circular on Thursday, said
the extension would allow Nigerian bank customers in the Diaspora to
obtain their BVN and link it with their respective bank accounts.
The circular, signed by the Director,
Banking and Payments System, CBN, Mr. Dipo Fatokun, stated that the CBN
had also increased the number of BVN registration centres overseas to
allow more bank customers to register.
The circular read, “The CBN has
observed, through a recent survey, the low percentage of registration of
Nigerian bank customers in the Diaspora, which may be attributed to
lack of accessibility to registration centres and unavailability of
registration centres in some cities where Nigerian population is high.
“Consequently, all the Deposit Money
Banks are hereby requested to note that the BVN enrolment for Nigerian
bank customers in the Diaspora is hereby extended to June 30, 2016. This
is to enable such customers to complete the enrolment and link the BVN
with their bank accounts.”
The CBN further said plans were on to deploy more BVN registration centres in locations with high Nigerian population.
The central bank had in October last
year closed the BVN registration process within the country and directed
banks to stop customers without the numbers from carrying out
transactions on their accounts.
It said only customers who obtained and registered their BVNs should be granted access to their accounts.
onshore installation with minor injuries.
The firm said it had also established a dedicated telephone hotline for family members of those on board the flight.
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