BVN (diaspora): Do Both Signatories To A Joint Account Need To Register? - Business

BVN (diaspora): Do Both Signatories To A Joint Account Need To Register? - Business - Nairaland

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BVN (diaspora): Do Both Signatories To A Joint Account Need To Register? by ifegy(op): 1:47am On Dec 21, 2015

Does anyone know if both signatories to a joint account need to register for a BVN? Or would it be alright if just one of them did? This is for a diaspora registration (ongoing until the end of January).
Thanks

Re: BVN (diaspora): Do Both Signatories To A Joint Account Need To Register? by abhosts(m): 9:10am On Dec 21, 2015

BVN Registration of one of the Signatories should be enough to make the account BVN Compliant. You can contact your bank just to make sure.

Re: BVN (diaspora): Do Both Signatories To A Joint Account Need To Register? by ifegy(op): 5:24pm On Dec 21, 2015

abhosts:
BVN Registration of one of the Signatories should be enough to make the account BVN Compliant. You can contact your bank just to make sure.

Thanks

Re: BVN (diaspora): Do Both Signatories To A Joint Account Need To Register? by wolebanks(m): 9:40pm On Dec 21, 2015

Only the person that register will operate the account if he has the other persons consent.

Re: BVN (diaspora): Do Both Signatories To A Joint Account Need To Register? by ifegy(op): 3:13am On Dec 22, 2015

wolebanks:
Only the person that register will operate the account if he has the other persons consent.

Say you have a married couple, and the person who registers passes away. Can the other person access the account?

Re: BVN (diaspora): Do Both Signatories To A Joint Account Need To Register? by wolebanks(m): 8:10pm On Dec 23, 2015

ifegy:
Say you have a married couple, and the person who registers passes away. Can the other person access the account?

yes of course, so far the other is an authorised signatory.

Re: BVN (diaspora): Do Both Signatories To A Joint Account Need To Register? by ifegy(op): 4:17am On Dec 24, 2015

wolebanks:
yes of course, so far the other is an authorised signatory.

Thank you

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