BVN is a policy passed by the Central Bank of Nigeria.
Bank Verification Number, commonly called BVN is a Biometric Identification System meant to reduce illegal banking transactions in Nigeria. It is security measure to reduce fraud in the Nigerian Banking system.
An intial deadline of June 30th was put in place but due to the fact that a large number of people were still yet to Complete their BVN registration, it was postponed till October 31st 2015. An according to an article in on This Day, there would be no further extensions when the deadline is reached.
According to the Banking Sector regulator, this means that customers without BVN-linked accounts may risk being restricted from normal operations of their accounts or free access to their bank account balances by the end of the month.
So guys, if you are yet to do this I urge you please do it as soon as possible to avoid hearing 'stories that touch'.
And to those of us that haven't completed the BVN process, do you know that you can easily 'summon' your BVN number anytime you want without even visiting a bank?
Yea, you can! All you have to do is Dail *565*0# with the number that you tied to you registered during the BVN process.
After dailing this code, you should see your BVN number. It's not free but it's for a very very cheap price, when I tried checking mine I was charged N10.
Bank Verification Number, commonly called BVN is a Biometric Identification System meant to reduce illegal banking transactions in Nigeria. It is security measure to reduce fraud in the Nigerian Banking system.
An intial deadline of June 30th was put in place but due to the fact that a large number of people were still yet to Complete their BVN registration, it was postponed till October 31st 2015. An according to an article in on This Day, there would be no further extensions when the deadline is reached.
According to the Banking Sector regulator, this means that customers without BVN-linked accounts may risk being restricted from normal operations of their accounts or free access to their bank account balances by the end of the month.
So guys, if you are yet to do this I urge you please do it as soon as possible to avoid hearing 'stories that touch'.
And to those of us that haven't completed the BVN process, do you know that you can easily 'summon' your BVN number anytime you want without even visiting a bank?
Yea, you can! All you have to do is Dail *565*0# with the number that you tied to you registered during the BVN process.
After dailing this code, you should see your BVN number. It's not free but it's for a very very cheap price, when I tried checking mine I was charged N10.
0 comments:
Drop your comments and share your thoughts...