Cbn’s New BVN Rules: What Bank Customers Must Do Before May 1 - Business (2) - Nairaland
Nairaland Forum › Nairaland General › Business › Cbn’s New BVN Rules: What Bank Customers Must Do Before May 1 (29102 Views)
| Re: Cbn’s New BVN Rules: What Bank Customers Must Do Before May 1 by youngrichnigga: 11:03am On Apr 30 |
So if someone is in diaspora, he has to come down to Nigeria because of BVN verification ![]() |
| Re: Cbn’s New BVN Rules: What Bank Customers Must Do Before May 1 by sucess001(m): 11:04am On Apr 30 |
nlfpmod:666 in motion. You still don't believe the Bible? Dey play. |
| Re: Cbn’s New BVN Rules: What Bank Customers Must Do Before May 1 by GeneralOuki: 11:11am On Apr 30 |
Themandator:i had similar experience with my BVN date of birth. I did my BVN with GTbank and somehow they made a mistake on my DOB data, I resolved it by getting a court affidavit which cost less than ₦2,000 , that was in 2015. |
| Re: Cbn’s New BVN Rules: What Bank Customers Must Do Before May 1 by Jayhome24: 11:16am On Apr 30 |
Which kind nonsense is all these again? Pls who is in charge of CBN why is it that animals are always in chare CBN since Soludo left? |
| Re: Cbn’s New BVN Rules: What Bank Customers Must Do Before May 1 by Lieutenant83: 11:21am On Apr 30 |
That means loan apps won't have access to our bank accounts through our BVN? They can withdraw money from our accounts? |
| Re: Cbn’s New BVN Rules: What Bank Customers Must Do Before May 1 by SixSeven: 11:33am On Apr 30 |
yesloaded:I agree Repost 👇 1. One-time phone number change Under the new rules, customers can now change the phone number linked to their BVN only once in their lifetime. The policy targets rising cases of SIM-swap fraud, where criminals take over phone numbers to gain access to bank accounts. Customers are therefore advised to link their BVN to a secure, long-term phone number—preferably one already tied to their National Identification Number (NIN). This rule is nonsense. As much as it makes sense, it is not a long term thinking. We do not have permanent phone numbers. The number tied to my NIN can expire. People can and should have the right to change numbers any number of times they want. Nigeria should decide whether they are using NIN or not. A phone number should not be a personal identifiable number, it is even dangerous. The other time Minister of Interior under Buhari said no passport without NIN. Now, CBN wants to limit your BVN with NIN and OTPhone number. Let's stop making life more difficult for the average Nigerian. Edit: A phone number is not an identity number and should never be tied to an identity. It is something you have, not something you are. There is no law that insists you must have a phone number for your bank account. Phone numbers are allotments to the network providers by FG. If the providers don't use them, they return the allotment to the FG (lease). Is FG now saying the phone numbers are now ID? They are no longer leadeholds? |
| Re: Cbn’s New BVN Rules: What Bank Customers Must Do Before May 1 by alobright17(m): 11:36am On Apr 30 |
nlfpmod:As my Bvn is same as the one on my bank account what then should I do for this person? |
| Re: Cbn’s New BVN Rules: What Bank Customers Must Do Before May 1 by favour32(m): 11:50am On Apr 30 |
Tinubu too like wahala for tax related matter. |
| Re: Cbn’s New BVN Rules: What Bank Customers Must Do Before May 1 by Sonofgod1990(m): 12:07pm On Apr 30 |
Hope this yeye thing is not going to affect my dearling opay |
| Re: Cbn’s New BVN Rules: What Bank Customers Must Do Before May 1 by Cmanforall: 12:17pm On Apr 30 |
Sermwell:Does this make sense to you? |
| Re: Cbn’s New BVN Rules: What Bank Customers Must Do Before May 1 by fineboynl(m): 12:17pm On Apr 30 |
a one time change doesn't make any sense. it will not work and will never work. have they considered people living overseas. i still believe this is all about election. election and money control |
| Re: Cbn’s New BVN Rules: What Bank Customers Must Do Before May 1 by bluebay(m): 12:26pm On Apr 30 |
Sermwell:OMO, WHATS your educational highest level sir |
| Re: Cbn’s New BVN Rules: What Bank Customers Must Do Before May 1 by Sermwell(m): 12:39pm On Apr 30 |
bluebay:Why are you crying? Is Yekini your father?? ![]() |
| Re: Cbn’s New BVN Rules: What Bank Customers Must Do Before May 1 by Sermwell(m): 12:39pm On Apr 30 |
Cmanforall:YES!!! ![]() |
| Re: Cbn’s New BVN Rules: What Bank Customers Must Do Before May 1 by themanderon: 12:57pm On Apr 30 |
I can guarantee you that even with all these policy changes these crooks will somehow still be in the business of scamming people. After all the NiNs, BVNs, Sim registrations, etal, these crooks, bandits and kidnappers are still in business and the government seems helpless to do anything. These policies will simply make life harder for ordinary Nigerians and not these crooks who are devicing new and innovative ways to steal. |
| Re: Cbn’s New BVN Rules: What Bank Customers Must Do Before May 1 by ViceGovernor: 1:06pm On Apr 30 |
You will give bankers you real details they will intentionally fill in robbish so when you come back to correct it they will charge you money. It is the same scam they do in NIN offices nationwide.....telcos also do that nonsense. |
| Re: Cbn’s New BVN Rules: What Bank Customers Must Do Before May 1 by ViceGovernor: 1:10pm On Apr 30 |
I promise you it is not a mistake sir, they did that sheet intentionally to extort you. To change DOB in NIN now costs 15 thousand nairas officially, unofficially it's close to 40 kay, it's a racket they do in every center. GeneralOuki: |
| Re: Cbn’s New BVN Rules: What Bank Customers Must Do Before May 1 by Apcpalava: 1:13pm On Apr 30 |
Charity begings at home let can you people start from tinubu BVN |
| Re: Cbn’s New BVN Rules: What Bank Customers Must Do Before May 1 by blowjohn(m): 1:24pm On Apr 30 |
Yet if ur money lost they can't trace it |
| Re: Cbn’s New BVN Rules: What Bank Customers Must Do Before May 1 by Patojargz: 1:32pm On Apr 30 |
Election don Dey near Ona wan bring pattern! Ona go loose customers wella make Ona no worry. Ona banks go begin shutdown… |
| Re: Cbn’s New BVN Rules: What Bank Customers Must Do Before May 1 by yemre: 1:59pm On Apr 30 |
Themandator:It is now 60k to correct date of birth on NIN. That is if the price hasn't moved again because I think it started from N9,000 or so |
| Re: Cbn’s New BVN Rules: What Bank Customers Must Do Before May 1 by Chasito: 1:59pm On Apr 30 |
ViceGovernor:you are right, and it’s so frustrating, that’s the more reason why I insist on seeing the computer screen as they are filling my details, because I hate visiting banks frequently. |
| Re: Cbn’s New BVN Rules: What Bank Customers Must Do Before May 1 by Ralp226: 2:14pm On Apr 30 |
9ja … the only country where people in power and position wake up, smoke Igbo and make stupid laws that won’t stop anything This country is finished and all Nigerians think the same way… how can this stop stealing if not the same bank and government officials are they ones stealing our money Bleep bvn and Bleep d government, Bleep d bank |
| Re: Cbn’s New BVN Rules: What Bank Customers Must Do Before May 1 by GeneralOuki: 2:22pm On Apr 30 |
ViceGovernor:I am talking about DOB in BVN It was a mistake because I wasn't the only one who came to the bank to complain about the same issue, even a GTbank staff was having similar issues, and I didn't pay them a dime to rectify it, all I did was to provide my birth certificate and court affidavit ( which I got from the Anambra high court for ₦1,550) , I presented all these documents to them and in less than 4 days it was rectified. Why would they refuse to rectify the issue after you provided a valid court affidavit? Unless you're unaware that a court affidavit is all you need, they probably won't tell you that at the bank, but before any bank can effect that change They MUST get a court affidavit. If you want the bank to run it for you then be prepared to pay that hefty amount, but if you're enlightened on this things you just go to court and get it at a cheaper rate and bring it to the bank. |
| Re: Cbn’s New BVN Rules: What Bank Customers Must Do Before May 1 by famology(m): 2:42pm On Apr 30 |
I can't see anything new here |
| Re: Cbn’s New BVN Rules: What Bank Customers Must Do Before May 1 by ponishah: 3:21pm On Apr 30 |
Nawteemaxie:To do what? |
| Re: Cbn’s New BVN Rules: What Bank Customers Must Do Before May 1 by femi4: 6:30am On May 01 |
Nothing new |
| Re: Cbn’s New BVN Rules: What Bank Customers Must Do Before May 1 by highness25(m): 11:27am On May 01 |
nlfpmod:I told they said there won't be charges for certain amount when making transfer from May 1st? I just made transfer and was charged as usual. |
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