nairalanda1:


Your comment reminds me of my old Diamond bank account.

Don't know if I should reactivate the thing...though it is now Access bank...

I also have Diamond acct which I neglected long time..

sonature1:
Why does the CBN allow banks to open account without BVN? I thought this country has grown beyond that stage.

not sure of regular banks but palmpay and opay will let you although i later uploaded my bvn to opay and was able to by pass the age verification

obyrich:
Which money again? Banks and ATMs have been paying money all week long.

Which banks and ATM?
Aside that sef network issues are still rampant

they should focus more on bringing the money circulation back to normal before causing another crisis as i think some market seller's (at least in my area) who didn't have a bank account turned to opay and palmpay and others for banking

You mean by this time we still have accounts not linked to BVN?...huh!

ijustdey:


https://leadership.ng/cbn-to-remove-up-tier-1-accounts-not-linked-to-bvn/

Welcome development.

All these scammers using Opay and Palmpay to scam will reduce.

blowjohn:


Which banks and ATM?
Aside that sef network issues are still rampant

are you fr🙄

What about the money inside?

obyrich:
Which money again? Banks and ATMs have been paying money all week long.

pos in enugu still charges 500h to withdraw 5k

seanwilliam:
Like for cbn share for Buhari

Two dead body nor dey jam demselves

This is a vindictive policy.During the cash crunch/scarcity banks lost many customers because of their poor services, they now opt for the digital banks like:Opay,kudá,palmpay etc because their service are faster and prompt.

fineboynl:
pos in enugu still charges 500h to withdraw 5k

In Lagos, they still charge #200 for 1k

codedtony:
they should focus more on bringing the money circulation back to normal before causing another crisis as i think some market seller's (at least in my area) who didn't have a bank account turned to opay and palmpay and others for banking

It is difficult, because people are not taking money to the bank to deposit,so CBN keep pumping money into circulation.This will lead to too much money in circulation which will trigger inflation

JBoss25:
are you fr🙄

I don't get u?
Are u in Nigeria?
No be UBA I go last week wey cash no dey?
Now 1k note is sold for 100 naira.
5k can be sold for 300 naira .
10k can go for 500 naira if ur lucky.

By the way, the ATM machines are dispensing max of 20k.
If u use a different ATM card, na 2k u fit withdraw per time to meet up to the 20k.

And the queue too much.

So me I still dey resort to POS.

Even to enter bank na wahala

U finally enter, come see crowd.

coputa:
It is difficult, because people are not taking money to the bank to deposit,so CBN keep pumping money into circulation.This will lead to too much money in circulation which will trigger inflation

what do you call the charges i pay? deflation
i see what you mean but at this point i believe inflation is inevitable.
if ATMs started dispensing(more than they are doing now) with a limit on how customer could withdraw i think the cash issue would be eased a bit more but hey what do i know the people who tried to freeze the economy obviously know better

Hmmmmm

seanwilliam:
Like for cbn share for Buhari

Nd quote for you

Shey lee ya werey ni

helinues:
I think I have some accounts which are not linked to bvn but not having much there.

The gbedu aza's already linked, so no shit

Let’s hope you’re not into what I’m thinking 🤔 Go ahead and tell us more.

sonature1:
Why does the CBN allow banks to open account without BVN? I thought this country has grown beyond that stage.

A good question!
So, ask the CBN- how did they open such Accounts in the first instance?
This is just a way to divert the Masses attention from their overall failures in their basic performance!
Why can't they write those who opened the Accounts through Bank Branches or their addresses or call their attention by given them notices before closing it!
CBN need Money urgently,na.

ijustdey:


https://leadership.ng/cbn-to-remove-up-tier-1-accounts-not-linked-to-bvn/

This stupid people should return our $100 limit for international transactions

Okoroawusa:
Abeg make una release money. No be all these ones we wan hear

I guess you should come out from wherever under the rock you're living and move to where ATM is and use it. Cash is in everywhere to extent that ATMs are deserted.

Banks are not opening account without bvn, it is the agency banking agents that are fond of opening account without bvn. . Eg Palmpay n opay

sonature1:
Why does the CBN allow banks to open account without BVN? I thought this country has grown beyond that stage.

That's Thier business. My own why has POS operators refuse to bring down transaction charges to the normal rate even after cash circulation

iLoveYouToo:
What? So there are still accounts not linked to BVN

I wonder o 😁.

Diamond bank platform no dey work well, people come neglect am.

helinues:


I also have Diamond acct which I neglected long time..

sonature1:
Why does the CBN allow banks to open account without BVN? I thought this country has grown beyond that stage.

I'm more surprised with that stance too, Fintechs or not, BVN should be the basic requirement when opening a new account regardless of the the tier of accounts opened.

But this is Nigeria...

Emefiele na mumu!