The Central Bank of Nigeria (CBN) has extended the Bank
Verification (BVN) deadline to Oct. 31, to accommodate customers who had
thronged the banks to beat an earlier closing date.
contained in a circular issued by the apex bank and signed by Mr Dipo
Fatokun, Director, Banking and Payment System Department, in Abuja on
“It has come to our notice that the BVN registration has
elicited tremendous interest from the Nigerian bank customers who
crowded the banking halls in order to beat the deadline.
“In view of the foregoing, it has become imperative for the banks to extend the timeline for all customers to have the BVN.
“The deadline for the enrolment is hereby extended from June 30 to October 31,” it stated.
According to the statement, the extension is expected to facilitate a smooth completion of the registration exercise.
It further stated that the extension would give Nigerian bank customers in the Diaspora, ample time to enrol into the programme.
statement, however, stated that the guideline for the enrolment of the
Diaspora account holders was being finalised and would be released soon.
recalls that Mr Phillip Oduzua, Managing Director, United Bank for
Africa at the end of the Bankers Committee meeting on June 2, said about
1.5 million bank customers had enrolled.
He said that customers
who failed to register might not enjoy credit facilities, foreign
exchange services and internet banking, among others.
Source: PM News