Bank Verification Number, BVN, is a CBN initiative to check fraud in the banking system by giving every customer in the Nigerian banking system a unique identification number that can be verified across all banks in Nigeria.
*Your BVN gives you a unique identity that can be verified across ALL Nigerian Banks (it is not peculiar to one Bank)

*Your Bank Accounts are protected from unauthorized access

*It reduces fraudulent activities on bank accounts

*Gives easy access to Banking operations

*Your BVN is accepted as a means of identification across ALL Nigerian Banks

*Registration in one bank covers all accounts the individual might have in all other banks


The deadline for registration is Tuesday, 30th July, 2015. 

How far have you done with your BVN registration and what challenges are you facing with it?

What happens to those in the Abroad with Nigeria Bank accounts?

"CBN please don't deceive us, Bvn is a continuous process just like sim registration. The deadline is just initial Gra Gra. Ask yourself what of those that will be opening accounts in future?

Source: http://www.stellanaija.com/what-you-dont-know-about-bank-verification-number-bvn-full-details/

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