Can my BVN be blocked or Blacklisted?

The Central bank of Nigeria reserves the full right to block your bank verification number or enlist it for blacklisting due to illegal transactions in your bank account.

So, in other words, your bvn can be blocked by the CBN if your account is held for fraudulent actions that are contrary to the terms stipulated in the usage of the BVN

Can a loan app block my BVN?

No, a loan app cannot block your bvn and only the CBN have the authority to do such, however an online loan app can submit your BVN to your bank to blacklist you from engaging in further loan transactions with financial institutions, so that is where you are scored a bad credit record and you will find it difficult to apply for a loan and gets successful.

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Can I block my bvn?

No, you cannot block your bvn but you can block your bank account from undergoing further transactions if your ATM card gets lost.

However you can block your.....


See original post _herehttps://jemmyblog.com/blog/can-my-bvn-be-blocked-by-a-loan-app/

Yes for fraud

Firstcitizen:
Yes for fraud

no they can't,but let the ops just repay his loan n stop asking questions