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Saturday, 31 October 2015

NIGERIA BANKS READY TO DEACTIVATE UNREGISTERED CUSTOMERS' ACCOUNT

www.blogsnigeria.com



Customers from different banks who are unable to register their BVN will cease to operate their
account as the central bank will not be able to give another extension of deadline.

The initial deadline was slated June 30 until it was extended to October 25 . The BVN was introduced on February 2014.
The aim of initiating the BVN was to ensure unique identity for all bank customers by use of customer bio-metrics as a means of identification.
Present data shows that 20,833,635 bank customers enrolled as at October 25th 2015.

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