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Cbn’s New BVN Rules: What Bank Customers Must Do Before May 1 - Business (2) - Nairaland

Nairaland ForumNairaland GeneralBusinessCbn’s New BVN Rules: What Bank Customers Must Do Before May 1 (29103 Views)

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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 undecided undecided undecided
Re: Cbn’s New BVN Rules: What Bank Customers Must Do Before May 1 by sucess001(m): 11:04am On Apr 30
nlfpmod:

https://www.youtube.com/watch?v=QvCXFIuIZaw?si=bDGkhuDaeyU-TxG3
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:
Can't see any issue with the guidelines provided it doesn't require us to queue for another numbering


Government should make it easy for citizens to provide personal information and update the same



When is did my BVN, the bank staff didn't even know exactly what it was .

We were amongst the first sets because back then my account was every important to my bank as I did business really regularly and in digits they loved



So they just said , we have this form for you bllaa

I told them to fill in all my details with them


that is it turned out latter to be a networked information that will have to tally with other information in places like NIN and voters cards


Since then, reconciling the information has been a challenge.

My NIN birth date doesn't match with my other information and that if the NIN was actually the faults of the guy that inputted the data into their online server


I am now told that i need to pay almost 30,000 to solve that problem



Anybody wey promise free upgrade in those platform that him I go vote for in the dining election


I no need any other gift .. if Tinubu say him make am free for the next 6 months for Nigerians to update and online too because the first problem had to do with the pressure the guys was working under


Dazall
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:
Another policy to frustrate Nigerians si they won't have time to concentrate on happenings in Nigeria

Service providers sell people's number anyhow in the name of recycling

One device yen yen yen

Maybe we should unlink numbers from BVN and let our BVN remained without numbers
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:

https://www.youtube.com/watch?v=QvCXFIuIZaw?si=bDGkhuDaeyU-TxG3
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:
Yekini wants to scam us oh!! He needs our BVN to steal our money!! Enough is enough!
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:
Yekini wants to scam us oh!! He needs our BVN to steal our money!! Enough is enough!
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:
OMO, WHATS your educational highest level sir
Why are you crying? Is Yekini your father?? grin
Re: Cbn’s New BVN Rules: What Bank Customers Must Do Before May 1 by Sermwell(m): 12:39pm On Apr 30
Cmanforall:
Does this make sense to you?
YES!!! grin
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:
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 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:
Can't see any issue with the guidelines provided it doesn't require us to queue for another numbering


Government should make it easy for citizens to provide personal information and update the same



When is did my BVN, the bank staff didn't even know exactly what it was .

We were amongst the first sets because back then my account was every important to my bank as I did business really regularly and in digits they loved



So they just said , we have this form for you bllaa

I told them to fill in all my details with them


that is it turned out latter to be a networked information that will have to tally with other information in places like NIN and voters cards


Since then, reconciling the information has been a challenge.

My NIN birth date doesn't match with my other information and that if the NIN was actually the faults of the guy that inputted the data into their online server


I am now told that i need to pay almost 30,000 to solve that problem



Anybody wey promise free upgrade in those platform that him I go vote for in the dining election


I no need any other gift .. if Tinubu say him make am free for the next 6 months for Nigerians to update and online too because the first problem had to do with the pressure the guys was working under


Dazall
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 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.
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 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.
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:
You have only today to do the needful. Visit any First bank branch near you!!!
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:

https://www.youtube.com/watch?v=QvCXFIuIZaw?si=bDGkhuDaeyU-TxG3
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.
1 2 Reply

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