Does anyone know if both signatories to a joint account need to register for a BVN? Or would it be alright if just one of them did? This is for a diaspora registration (ongoing until the end of January).
Thanks

ifegy:
Does anyone know if both signatories to a joint account need to register for a BVN? Or would it be alright if just one of them did? This is for a diaspora registration (ongoing until the end of January).
Thanks

All signatories to an account must have their separate BVN uploaded on the account. Where the mandate is any can sign, then any signatory with BVN can still access the account but if the mandate is both or all must sign and a signatory does not have BVN, then the directors or proprietors (in the case of an entity) will need to issue another duly signed mandate authorizing only the signatory with BVN to access the account.

For a joint account, both signatories will need to issue another duly signed mandate authorizing the signatory with BVN to access the account alone

interoute:

All signatories to an account must have their separate BVN uploaded on the account. Where the mandate is any can sign, then any signatory with BVN can still access the account but if the mandate is both or all must sign and a signatory does not have BVN, then the directors or proprietors (in the case of an entity) will need to issue another duly signed mandate authorizing only the signatory with BVN to access the account.

For a joint account, both signatories will need to issue another duly signed mandate authorizing the signatory with BVN to access the account alone

Thank you