Bank customers that are unable to obtain their bank verification numbers (BVNs) before the close of business this Friday would not be able to operate such accounts as the Central Bank of Nigeria (CBN) has ruled out another extension of the deadline, which expires this Friday.

The Central Bank of Nigeria (CBN), in collaboration with the Bankers’ Committee had introduced the BVN on February 14, 2014. The initiative was aimed at ensuring unique identity for all bank customers and other users of financial services in the country by the use of the customers’ biometrics as means of identification.

At the expiration of the initial estimated 18 months after the launch, a good number of bank customers were reluctant in registering, which led to commotion and stampede in banking halls across the country towards the end of the previous deadline. That confusion necessitated the call for the extension of the registration dateline by four months to October 31.

Data from the Nigeria Interbank Settlement System Plc (NIBSS), showed that 20,833,635 bank customers had enrolled as at October 25, 2015.

"Given the tradition of multiple accounts holding by an average Nigerian, which could be conservatively estimated at about two or three per an account holder, therefore, it could be safely assumed that over 40 million accounts might have been enrolled to BVN," the central bank explained on Thursday


Furthermore, some Nigerian banks’ customers in the diaspora have taken advantage of more facilities provided for enrollment in more locations abroad.


"It is evident that there has been less pressure in banking halls across the country which goes to buttress the fact that a greater percentage of account holders have been enrolled with the exception of those yet to link their accounts to their BVN," the CBN added.

The Deputy Director, Consumer Protection Department at the CBN, Mrs. Khadija Kasim, also urged those yet to be captured to do so before the deadline expires.


“The initial deadline was June 30th before we extended it to end of October. By now we expect all Nigerians to go before the expiration date and get their bank verification number. Please Nigerians, come out and ensure that you are registered for the exercise,” she appealed.

http://www.thisdaylive.com/articles/bvn-banks-to-deactivate-unregistered-accounts-as-deadline-expires-friday/224189/ lalasticlala

K

and how those that help in the fight against boko haram.

Thank God finished mine yesterday, linked the second account with my ATM card myself.
Just that I dont know how to go about my DYA account. Does it even need a BVN?

Ok

What happen to all the money in the account? And what about peeps who want to open new accounts

Adesiji77:


http://www.thisdaylive.com/articles/bvn-banks-to-deactivate-unregistered-accounts-as-deadline-expires-friday/224189/ lalasticlala

Please when did BVN actually started ? People keep saying February 2015, but I did mine December 2014.

This is mere threat though, how can u deactivate my account without giving me my money? Fat lie.
I no go scatter d bank

Even if they extend it till December, some people will still not register.

osaslord500:
Dem go prospone am again!!

You've not done yours abi?

havent done the bvn stuff .well , na change dey my account...

I trust Nigerians, they won't do it when it's easy, go to banks today and you will see crowed. Yet we blame everything on government

Make dem de-activate am my account balance dey like JAMB score..#last-minute rush

simplemach:
Thank God finished mine yesterday, linked the second account with my ATM card myself.
Just that I dont know how to go about my DYA account. Does it even need a BVN?

How do you link account with atmosphere? Is it all banks that have that option?

I've got mine so no worries

What about those not in the country

Deactivated asin if I come back I won't use it again?

Seen next please

jnrbayano:


There's no money in there I am sure

Mayb u are right

VickyRotex:
Even if they extend it till December, some people will still not register.



You've not done yours abi?

I have done mine

teepsee:
J

J ke??

Nonsense

Buhari is a terrorist

Ki won ma try rubbish yen oo, ma little change in d acct matter to me o.. Btw that extension period don end? Yeeeeeh! How time flies.
Waste no time in ur life, every seconds matter.

I did mine wit access bank in march, still don't have the number.

I used my naija number which may sometimes not recieve msges wen am out of the country.

What do i do?

They can go ahead

Issorrite

Me i neva connect my accounts......I hope dis BVN wnt increase crime rate by those 'stalking' our accts., & tracing our homes. We all know tht most money-related crimes frm banks emanate frm insiders. How secured are we? -b4 i link-up my accounts!

They should close it permanently if they wish

whoever came up with this sick initiative obviously didn't use his head at all;what about those outside the country,
what happens to my money then
pffffft! i don't care anyway

Abeg make we hear word jor