The Central Bank of
Nigeria (CBN) has once again extended the registration and linkage of BVN of
Nigerian bank customers living abroad.
Last year, the CBN
extended the exercise to 31 January 2016 but in a circular by the apex bank, it
noted that it had observed through a survey, the low percentage of registration
of Nigerian Banks’ customers in diaspora which may be attributed to lack of accessibility
to registration Centres and unavailability of registration Centres in some
cities with large Nigerian populations.
As a result of this
development, the CBN has directed all Deposit Money Banks (DMBs) that BVN
enrollment of Nigerian banks’ customers in diaspora, has been extended to 30th
June 2016, to enable such customers complete the enrollment and link the BVN to
their bank accounts.
The circular, signed
by Dipo Fatokun, Director Banking and Payments Systems Department said “plans
are on to deploy more registration Centres for locations with high Nigerian
population. Nigerian Banks’ customers are enjoined to seize the opportunity of
this extension to register and link their BVN to their bank accounts.” NAN Reports.
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