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Banks Fear Rush As CBN Threatens To Bar Customers Without BVN, NIN By April - Business (3) - Nairaland

Nairaland Forum / Nairaland / General / Business / Banks Fear Rush As CBN Threatens To Bar Customers Without BVN, NIN By April (12185 Views)

Over 91 Million Bank Accounts At Risk Of Deactivation As CBN's BVN/NIN Deadline / Naira Crisis: Banks Fear Heighten As Customers Shun Cash Deposit / CBN Threatens To Sanction BVN Violators (2) (3) (4)

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Re: Banks Fear Rush As CBN Threatens To Bar Customers Without BVN, NIN By April by BluntCrazeMan: 8:26am On Dec 02, 2023
This is seriously serious ooo

2 Likes 1 Share

Re: Banks Fear Rush As CBN Threatens To Bar Customers Without BVN, NIN By April by SweetBuns(f): 8:28am On Dec 02, 2023
Abalado:
I don't understand o,are we going to add NIN to the BVN again ni,pls can someone explain to me,,is it bvn plus NIN?
I think you have to do both separately and add them separately
Although your NIN details will be needed to do your BVN so I recommend getting that one first

1 Like

Re: Banks Fear Rush As CBN Threatens To Bar Customers Without BVN, NIN By April by MrBONE2(m): 8:30am On Dec 02, 2023
Abalado:
I'm very sure some of you didn't even read the full text but una just comment ni,,,,lazy Nigeria youths

grin

1 Like 1 Share

Re: Banks Fear Rush As CBN Threatens To Bar Customers Without BVN, NIN By April by iamdapsyj(m): 8:32am On Dec 02, 2023
verybadmouth:
I surprised people still have accounts without BVN in Nigeria. Even our online banks can't work without BVN.

Same here too..... what this tells us is that banks are colluding with some individuals for nefarious purposes!

1 Like

Re: Banks Fear Rush As CBN Threatens To Bar Customers Without BVN, NIN By April by iamdapsyj(m): 8:33am On Dec 02, 2023
Lemos14:
Nawa. So we actually have some banks operating without a BVN?

E shock me too 😆🤣
Re: Banks Fear Rush As CBN Threatens To Bar Customers Without BVN, NIN By April by bjtinz: 8:36am On Dec 02, 2023
Abalado:
I don't understand o,are we going to add NIN to the BVN again ni,pls can someone explain to me,,is it bvn plus NIN?

I think the major issue is NIN, not BVN. Because honestly at this level I doubt anyone can operate an account without a validity linked BVN.

However for NIN, there are some yet to link to it to accounts even though they already have it,

So I believe the new directive particularly for tier 2 &3 accounts, there must be BVN AND NIN linked to the account.

1 Like

Re: Banks Fear Rush As CBN Threatens To Bar Customers Without BVN, NIN By April by RosyIsBlessed: 8:37am On Dec 02, 2023
PropertyScout:
This shouldn't be an issue. The banks could create a website where customers can enter their VNIN to validate their account. I'm certain this is what apps like Kuda and Opay will do so it's definitely possible for commercial banks.

This will help reduce the stress.


Not in Nigeria. They still do not embrace digital 100%. They still believe in analogue till tomorrow, all to cause more stress to the populace.

1 Like 1 Share

Re: Banks Fear Rush As CBN Threatens To Bar Customers Without BVN, NIN By April by Revolva(m): 8:55am On Dec 02, 2023
good all those using Opay palmpay wallet to scam wont be able to do such anymore.

1 Like

Re: Banks Fear Rush As CBN Threatens To Bar Customers Without BVN, NIN By April by jojothaiv(m): 9:02am On Dec 02, 2023
Damidave1124:
So there are people still banking with thses commercial banks without BVN?

We were made to queue in the sun for long in 2015/2016 just to enrol for this BVN.

That should be right question to ask and on the issue of curbing terrorism financing and money laundering, a lot still need to be done because there is a wide loopholes in the system.

I've read so many things up there that I can't even wrap my head around it. Pantami for example was heavy about using NIMC to track down the activities of those who kidnap for ransom and all that but we know how the story goes, nothing materialize after the whole noise.

Implementation seems to be one of our problem in this country, not rolling out initiatives but how do they intend to implement it.

1 Like

Re: Banks Fear Rush As CBN Threatens To Bar Customers Without BVN, NIN By April by Administration1: 9:05am On Dec 02, 2023
franugo:


That's a very warped mindset you have there....so if I relocate abroad today, all my Nigerian assets will suddenly cease to exist?

So you have assets here but cannot come down and get your NIN or BVN. it's CAC I blame for allowing you own a company without requesting for NIN
Re: Banks Fear Rush As CBN Threatens To Bar Customers Without BVN, NIN By April by jojothaiv(m): 9:08am On Dec 02, 2023
Starhearts:


If u don get bvn b4 ... no wahala 4 u again...

Is either BVN or NIN
Hopefully, I use the other regulatory IDs for my Tier 3 accounts though I have the NIN
Re: Banks Fear Rush As CBN Threatens To Bar Customers Without BVN, NIN By April by Administration1: 9:08am On Dec 02, 2023
iHateFraudsters:


And who the hell told you I relocated abroad?

And you cannot spare 4 hours to get your nin or bvn? Some days especially public holidays do you know it takes less than 3 hours.

Truth remains if you're against this policy, then You're a fraudster period!
Re: Banks Fear Rush As CBN Threatens To Bar Customers Without BVN, NIN By April by iHateFraudsters: 9:11am On Dec 02, 2023
Administration1:


And you cannot spare 4 hours to get your nin or bvn? Some days especially public holidays do you know it takes less than 3 hours.

Truth remains if you're against this policy, then You're a fraudster period!

Onye mkpulu mmiri

1 Like

Re: Banks Fear Rush As CBN Threatens To Bar Customers Without BVN, NIN By April by Administration1: 9:37am On Dec 02, 2023
iHateFraudsters:


Onye mkpulu mmiri

You are such a pathetic mòron whose life and existence only depends on doing tribal gbasgbos on nairaland
The day nairaland puts an end to indulging tribal banters,na that day you go finally sell this phone wey you thief buy snipper end this rubbish wey you call life.
Others are destined to be something in life,your own destiny is to do Igbo dis,Igbo dat and tribal gbasgbos on nairaland
Re: Banks Fear Rush As CBN Threatens To Bar Customers Without BVN, NIN By April by tunddy(m): 9:43am On Dec 02, 2023
We are we going to in this country; I think the end time is drawing closer
Re: Banks Fear Rush As CBN Threatens To Bar Customers Without BVN, NIN By April by ssogundele(m): 10:05am On Dec 02, 2023
Emma1Oj:
I feel it will be so unfair to deny people their hard earn money this festive period that the economy is hard.

They shld suspend this denier of ban till next year because we can't be restless when we are supposed to be at peace that our cash in the bank.

Oga, try read small nau. It does you great benefit.

1 Like

Re: Banks Fear Rush As CBN Threatens To Bar Customers Without BVN, NIN By April by oluwagbenga98327: 10:22am On Dec 02, 2023
Both!Nigeria is a disaster.....Both!Nigeria is a disaster........

1 Like

Re: Banks Fear Rush As CBN Threatens To Bar Customers Without BVN, NIN By April by TrustNone: 10:31am On Dec 02, 2023
Zooposki:


I have Tier 3 accounts with just my BVN but I opened them awhile ago with my drivers license, utility bill etc.
exactly. Utility bill is needed to upgrade to tier 3 e.g in Opay
Re: Banks Fear Rush As CBN Threatens To Bar Customers Without BVN, NIN By April by franugo(m): 11:20am On Dec 02, 2023
Administration1:


So you have assets here but cannot come down and get your NIN or BVN. it's CAC I blame for allowing you own a company without requesting for NIN

Don't be displaying your dearth of knowledge anyhow online. I am a Nigerian living in Nigeria, of course i have assets. My lady's a permanent resident in Canada, went there over a year ago. She still maintains her naira accounts and still has some money in mutual funds in Nigeria. It's ignorant to think everyone has to liquidate all their naira assets just cause they are travelling out.

Also, CAC registration requires a valid ID card of the proprietor or director so i don't understand what brought CAC into this, especially as the companies i registered aren't even functional yet. Any and all assets i own are in my personal capacity for now.

3 Likes

Re: Banks Fear Rush As CBN Threatens To Bar Customers Without BVN, NIN By April by franugo(m): 11:20am On Dec 02, 2023
TrustNone:
exactly. Utility bill is needed to upgrade to tier 3 e.g in Opay

Utility bill isn't really mandatory for tier 3.

1 Like

Re: Banks Fear Rush As CBN Threatens To Bar Customers Without BVN, NIN By April by Advancedman(m): 12:11pm On Dec 02, 2023
Damidave1124:
So there are people still banking with thses commercial banks without BVN?

We were made to queue in the sun for long in 2015/2016 just to enrol for this BVN.



The question is how is that even possible?
So the bank/CBN platform that has no alternative has now been invalidate so customer are now in charge of opening account for themselves by themselves?

1 Like

Re: Banks Fear Rush As CBN Threatens To Bar Customers Without BVN, NIN By April by iHateFraudsters: 1:32pm On Dec 02, 2023
Administration1:


You are such a pathetic mòron whose life and existence only depends on doing tribal gbasgbos on nairaland
The day nairaland puts an end to indulging tribal banters,na that day you go finally sell this phone wey you thief buy snipper end this rubbish wey you call life.
Others are destined to be something in life,your own destiny is to do Igbo dis,Igbo dat and tribal gbasgbos on nairaland

Onye mkpulu mmiri
Re: Banks Fear Rush As CBN Threatens To Bar Customers Without BVN, NIN By April by Teymanhenry(f): 1:54pm On Dec 02, 2023
verybadmouth:
I surprised people still have accounts without BVN in Nigeria. Even our online banks can't work without BVN.
Most accounts have BVN, can't say the same about NIN
Re: Banks Fear Rush As CBN Threatens To Bar Customers Without BVN, NIN By April by ufuosman(m): 3:33pm On Dec 02, 2023
Damidave1124:
So there are people still banking with thses commercial banks without BVN?

We were made to queue in the sun for long in 2015/2016 just to enrol for this BVN.

dis country tire person

1 Like

Re: Banks Fear Rush As CBN Threatens To Bar Customers Without BVN, NIN By April by Administration1: 4:40pm On Dec 02, 2023
franugo:


Don't be displaying your dearth of knowledge anyhow online. I am a Nigerian living in Nigeria, of course i have assets. My lady's a permanent resident in Canada, went there over a year ago. She still maintains her naira accounts and still has some money in mutual funds in Nigeria. It's ignorant to think everyone has to liquidate all their naira assets just cause they are travelling out.

Also, CAC registration requires a valid ID card of the proprietor or director so i don't understand what brought CAC into this, especially as the companies i registered aren't even functional yet. Any and all assets i own are in my personal capacity for now.
Stop deviating from the point. Once you start using personal lies to validate your point, it shows the level of knowledge you are on.

Truth remains if you are against the directive that all account holders should posses a National Identification Number and BVN then you're into fraud simple.
Re: Banks Fear Rush As CBN Threatens To Bar Customers Without BVN, NIN By April by franugo(m): 4:59pm On Dec 02, 2023
Administration1:

Stop deviating from the point. Once you start using personal lies to validate your point, it shows the level of knowledge you are on.

Truth remains if you are against the directive that all account holders should posses a National Identification Number and BVN then you're into fraud simple.

You're confused bro. Nowhere in my comment did i say i was against the directive....and where exactly did you see the lies?
Re: Banks Fear Rush As CBN Threatens To Bar Customers Without BVN, NIN By April by Blackdisciple(m): 5:52pm On Dec 02, 2023
The Central Bank of Nigeria on Friday directed commercial banks to bar customers without Bank Verification Numbers and National Identity Numbers from having access to their accounts from March 2024

Useless people they have started.
They told us that NIN will enable the authorities to track down criminals like kidnappers , bandits etc , that was what Isa pantami the double black dotted guy told nigerians, they are here again without any arrest via phone tracking using NIN .....

1 Like

Re: Banks Fear Rush As CBN Threatens To Bar Customers Without BVN, NIN By April by XAUBulls: 6:58pm On Dec 02, 2023
adenigga:

Apex bank orders electronic revalidation of BVN, NIN attached to accounts, wallets Jan 31

Account holders, others fear new round of hardship, naira scarcity


https://punchng.com/Banks-fear-rush-as-CBN-bars-customers-without-BVN-NIN-April
Re: Banks Fear Rush As CBN Threatens To Bar Customers Without BVN, NIN By April by ayobade15094: 7:17pm On Dec 02, 2023
The ban,restriction of access to bank accounts will start from year 2024 not this yearThe ban,restriction of access to bank accounts will start from year 2024 not this year...
Re: Banks Fear Rush As CBN Threatens To Bar Customers Without BVN, NIN By April by Fab21: 2:07pm On Dec 10, 2023
Starhearts:


If u don get bvn b4 ... no wahala 4 u again...

Is either bvn or nin


But someone said both(Nin & BVN) are required for tier 3 accounts.
Re: Banks Fear Rush As CBN Threatens To Bar Customers Without BVN, NIN By April by Fab21: 2:11pm On Dec 10, 2023
Starhearts:


If u don get bvn b4 ... no wahala 4 u again...

Is either bvn or nin


[


But someone said both(Nin & BVN) are required for tier 3 accounts.

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