Friday, October 30, 2015

BVN ( Bank Verivication Number ) 26M BANK ACCONT TO BE FROZEN

Barely 24 hours to the deadline for Bank Verification Number, BVN,

less than half of the 52 million bank customers have been registered, a development that may have caused discomfort in the banking industry. Central Bank of Nigeria, CBN, had said no extension would be made while non-registered bank customers would be barred from accessing their money or any transaction in their account after tomorrow.

About 26 million bank customers would be affected by the shut-out. An official of the apex bank told Vanguard yesterday that the registration window would still be opened after tomorrow, but unregistered customers would not be allowed access to their accounts.
The official, who claimed that the exact figures of registered bank customers would not be ready until next week, however lamented that “less than half of total bank customers have been captured as at Monday this week…

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