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CBN Gives Customers BVN Reprieve - Business - Nairaland

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CBN Gives Customers BVN Reprieve by HowAreYou(m): 5:28am On Nov 11, 2015
Customers yesterday got a breather on the Bank Verification Number (BVN), with the Central Bank of Nigeria (CBN) directing banks to ensure their uninterrupted enrolment on the platform.

In a statement signed by its Director (Corporate Communications) Ibrahim Mu’azu, the CBN said although the time frame for the initial enrolment had elapsed, the exercise should go on indefinitely.

The BVN, which captures bank customers’ biometric data, such as fingerprints, provides unique identification for them and equally protects their accounts from unauthorised access, identity theft and fraud.

Customers who are yet to register are required to do so to avoid restrictions on their accounts.

“Account holders who are yet to obtain their BVN are enjoined to visit their banks and do the registration. There are two steps to the BVN process. The first step is to obtain a BVN while the second step requires the account holder to link the BVN with his or her bank account(s),” he said.

Mu’azu said an individual could enroll for a BVN without necessarily having a bank account. Such individual can then submit the acquired BVN at any bank he/she wishes to open an account.

He said linking BVN to bank accounts is now a one-stop-shop which enables account holders to register and link their BVN to their accounts in one location, irrespective of the banks in which they have their accounts. All these are aimed at making the process as seamless as possible.

“The BVN is neither a payment instrument nor an account number and therefore cannot be used to access any account by unauthorised users,” Mu’azu said.



http://thenationonlineng.net/cbn-gives-customers-bvn-reprieve/

1 Like 2 Shares

Re: CBN Gives Customers BVN Reprieve by Usman212s: 5:30am On Nov 11, 2015
.

2 Likes

Re: CBN Gives Customers BVN Reprieve by ORACLE1975(m): 5:31am On Nov 11, 2015
CBN are drunk

18 Likes 1 Share

Re: CBN Gives Customers BVN Reprieve by Ariyke: 5:31am On Nov 11, 2015
Good
Re: CBN Gives Customers BVN Reprieve by Demmocrats(m): 5:33am On Nov 11, 2015
The way they are handling BVN, its making it look worthless with deadline changes. They would have been strict just like MTN fine.

5 Likes 3 Shares

Re: CBN Gives Customers BVN Reprieve by 1acre: 5:36am On Nov 11, 2015
After the BVN conference exposed a rapist!!!

Please let's continue with the summit.

Had its advantage though...

At least customers got to know each other better.

Seriously!!!

1 Like 1 Share

Re: CBN Gives Customers BVN Reprieve by 175(m): 5:37am On Nov 11, 2015
Ariyke:
Good
Demmocrats:
Good news
ORACLE1975:
K
Usman212s:
.

Nigerians love Alcohol So Much,
If Something Good happens they Drink To
Celebrate it.
If Something bad Happens they Drink To Forget it
and Drown their Sorrows
If Nothing Happens they Drink to Make Things
Happen.
We Need To Do Something about this Problem.
MyFellow NairaLanders, Pls Can we Meet For A
Drink and Discuss These space-bookers because they are probably high on ALCOHOL gringrin

59 Likes 1 Share

Re: CBN Gives Customers BVN Reprieve by CircleOfWilis: 6:14am On Nov 11, 2015
BVN=666=Mark of the beast
smiley cheesy grin angry sad shocked cool tongue :-undecided cry cry

2 Likes

Re: CBN Gives Customers BVN Reprieve by psucc(m): 6:16am On Nov 11, 2015
A country of today yes and tomorrow no!!!

1 Like 1 Share

Re: CBN Gives Customers BVN Reprieve by RichDad1(m): 6:30am On Nov 11, 2015
Where is the reprieve?
All account without BVN is still "blocked" as at close of business yesterday.

2 Likes

Re: CBN Gives Customers BVN Reprieve by lmm4real: 7:38am On Nov 11, 2015
Ok
Re: CBN Gives Customers BVN Reprieve by Sagytarius(m): 8:12am On Nov 11, 2015
EcoBank can go to Hell!! Ain't linking my BVN to them.

1 Like

Re: CBN Gives Customers BVN Reprieve by NOBODYY: 8:12am On Nov 11, 2015
Waiting for "Blame buhari for this" comments

5 Likes

Re: CBN Gives Customers BVN Reprieve by WisdomCanada(m): 8:12am On Nov 11, 2015
Ok
Re: CBN Gives Customers BVN Reprieve by RealAdewole(m): 8:12am On Nov 11, 2015
cbn just make me waate money and my precious time with this bvn of a thing
Re: CBN Gives Customers BVN Reprieve by mrlaw93(m): 8:12am On Nov 11, 2015
Aw wuld dat increase my salary..
Re: CBN Gives Customers BVN Reprieve by Motolank: 8:13am On Nov 11, 2015
Those monkeys can now remove PND from my account, so the account can breath happy cool
Re: CBN Gives Customers BVN Reprieve by menix(m): 8:13am On Nov 11, 2015
RichDad1:
Where is the reprieve?
All account without BVN is still "blocked" as at close of business yesterday.

The reprieve is that u can still get ur BVN done so ur money ain't seized...

@topic:
Is it possible that some nigerians within re yet to enrol
If they re, sure those ones re what is still keeping Jesus from coming the 2nd time..

4 Likes

Re: CBN Gives Customers BVN Reprieve by suyamasta(m): 8:13am On Nov 11, 2015
Na so dem go d talk o, till u get dat alert wey d spoil mind!
Re: CBN Gives Customers BVN Reprieve by Notion(m): 8:13am On Nov 11, 2015
lipsrsealed from the onset I know it will amount to this... they were just doing initial gra gra
Re: CBN Gives Customers BVN Reprieve by Nobody: 8:13am On Nov 11, 2015
CENTRAL BANK OF BIAFRA......Loading....

1 Like 1 Share

Re: CBN Gives Customers BVN Reprieve by Bugatie(m): 8:14am On Nov 11, 2015
175:


Nigerians love Alcohol So Much,
If Something Good happens they Drink To
Celebrate it.
If Something bad Happens they Drink To Forget it
and Drown their Sorrows
If Nothing Happens they Drink to Make Things
Happen.
We Need To Do Something about this Problem.
MyFellow NairaLanders, Pls Can we Meet For A
Drink and Discuss These space-bookers because they are probably high on ALCOHOL gringrin

grin

1 Like

Re: CBN Gives Customers BVN Reprieve by dustydee: 8:14am On Nov 11, 2015
How is this a reprieve? The BVN is an ongoing exercise and the CBN has said that time and again. Reading the headline made me think they had lifted the restriction on accounts for a while longer - very misleading title.

4 Likes

Re: CBN Gives Customers BVN Reprieve by Dharniel(m): 8:15am On Nov 11, 2015
,
Re: CBN Gives Customers BVN Reprieve by naijapips02: 8:15am On Nov 11, 2015
as if we never knew this would happen.
Re: CBN Gives Customers BVN Reprieve by MarvelJ: 8:15am On Nov 11, 2015
Space for sale.... I'll take jobs for the space. Not just cash. cry
Re: CBN Gives Customers BVN Reprieve by Lanretoye(m): 8:15am On Nov 11, 2015
Mo ti gbo oo.
Re: CBN Gives Customers BVN Reprieve by carbony4red(m): 8:15am On Nov 11, 2015
.
Re: CBN Gives Customers BVN Reprieve by Nnamoo77: 8:15am On Nov 11, 2015
Already dancing skelewu. My pocket is my bank and my BVN.
Re: CBN Gives Customers BVN Reprieve by Optional2(f): 8:16am On Nov 11, 2015
ok
Re: CBN Gives Customers BVN Reprieve by RexTramadol1(m): 8:17am On Nov 11, 2015
As I no get account




Na Godiwin!

1 Like

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