According to circular dated August 18th and signed by the CBN's Director of Banking and Payment System, Dipo Fatokun, Nigerian bank customers in the diaspora can do their registration via option one; present themselves to the offshore branches/subsidiaries of any Nigerian bank (where such facilities have been made available), for the BVN enrollment.
“The deployment of scanners and other devices to these locations have started in earnest. Nigerian banks abroad are expected to capture necessary data, generate a BVN and communicate same to the customers. Thereafter, the customers are expected to forward the assigned BVN to their banks, for linkage with their accounts.
A web portal to achieve this linkage to bank accounts has been developed and deployed, while the process of such linkage will be made available by the Nigerian Interbank Settlement System (NIBSS) to all those enrolled abroad,” the circular stated The second option is through the use of an company known as the Online Integrated Solution (OIS).
The company will establish stations for data capture and generation of BVN at the cost of £30 per transaction which is to be paid by the customer. The company is expected to capture necessary data for online transmission to the NIBSS, who would thereafter, generate the BVN and communicate same to the customer.
“The customer may approach OIS for BVN, where the communication from NIBSS is not received within 48 hours after the enrolment. Thereafter, Nigerian bank customers in the diaspora are expected to forward their BVN to their banks for linkage with their accounts as in option one above,” it explained.
The Bank Verification Number registration exercise in Nigeria has been extended to October 31st. You can read all about it here
51 comments:
Good one
I wonder why our nigerian banks dnt respond to emails.
Alrty tnk God dy weren't left out nyc one.
Nice one....
#TeamBlessed#
Nice one....
#TeamBlessed#
Good one
Good news
Most times when we walk into big malls, boutiques, supermarkets, we never question their prices. We pay exactly what we see on the price tags and even hand out tips to the staff.
But the moment we are out of these shops and want to buy banana, our bargaining game gets off to the roof. Poor widow with 12 hungry children at home tells you banana is N100. She even takes out her time to explain how difficult it was for her to even buy it, how the economy is so tough.
But we insist that if it's not N50, we are not paying. Some of us even step back into our cars and make to drive away. But because 'half bread is better chin chin', this woman is forced to call you back and sell to you at little or no gain. In her heart, she cries, she's worried about how she'll survive with her children. She silently reassures herself that 'It's well.
God will definitely provide.'' While you happily chop the luscious banana. Take some seconds out and think about this, guys. Please don't bargain hard with small vendors like this. They do business not to buy designer bags, Gucci shoes but to LIVE and EAT!
Ok
Nice
#IT will ONLY get BETTER
#it MUST end IN praise
While its free over here they r bcharge over there.all d same, its well wit them over there and I pray it goes well wit their BVN registration.
Cool
That's good
Nice one
Please ooo.. theres no nigerian bank in the UAE here oooo.. what do we do biko
i hate nigeria...
30 euro ko 100 euro, banking institutions in Nigeria are the major cause of the economic problems in Nigeria, they provide no favourable service whatsoever.
What is this clueless primary school headmaster call CBN governor giving the masses headache on this exercise when he knows major Nigerian banks only operates mostly in US and UK.
The name called Nigeria never rings bells anymore. they know the ppl with the fraud money and should go after them and stop bothering us abeg.
What do we need this BVN for by the way ? Nigerians like inconveniencing themselves over nothing.
Ok.
Noted.
Nice one, thanks for sharing! Linda take note!
Nice one, thanks for sharing! Linda take note!
Nice one, thanks for sharing! Linda take note!
Its a shame this pple are very greedy..they are hust after the money they can generate...imagine this silly request..so i live in Scotland and all the Nigerian satellite banks are in london , i will travel all the way to london and still pay 30 pounds for all this rubbish..where as they can make arrangement with royal mail and say pple go to ur local post office in the uk or nearest biometrics centre and do ur registration.from there they forward the data to CBN direct sef..And all this will be for a fraction of 30 pounds and much more convenient...these people should be thinking
Before unko u will take our money away....wasn't even caught in the rush of it...I understand Nigerians can be ignorant....I wasn't bothered I knew when I go to Lagos I will get my money whenever I needed it.
Good initiative
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Good to know
He should get the Fuck out..why will he peg daily withdrawals at 150GBP....
The customer will bear the cost of 30€ ke gobe Hmmmmmm!!!
You're very right with what you said...i dont know why they must make things hard for Nigerians.
OK...TOMJERRYSWIT
Nigerians have a way of making things difficult and stressful.
so what is option 2?
Abi o.very annoying.this is the 21st century.why do we have to kill oursekves for things like this.d annoying thing is it wont stop anything. D guy just wanted to make rules like evry other new person that comes into power. At d end of the day.we over here are going to spend so much money over this rubbish. They should be prepared to close the acccount. It is not fair.
30pounds with all d money for logistics.rubbish.
Trust me.even the ones located in US and UK is only in london. Who will go all the way to london from scotland just for bvn.so aside the 30 pounds, then there is transportation, probably hotel and food. They should better use padlock to close the account. Money aside, the stress involved is absolutely RIDICULOUS. JUST FOR BVN
Bulshit waste of time where do we find Nigerian affiliated bank in the middle east and south east Asia does this nigga think at all..
GOOD INITIATIVE
While its free over here they r bcharge over there.all d same, its well wit them over there and I pray it goes well wit their BVN registration.
Very unfair. They should come up with a more credible and stress free way of making this happen. We kuku no send una. Magicblackxxl@gmail.com
The Diaspora service shit is terrible ...hv has to even forget about accounts since they are never helpful ..they hang up,they even say their battery is almost dead lolz,some of them just attend to u in careless ways...they keep asking 1million documents ...Shitty
At least £30 is still far cheaper than buying a return flight ticket to Lagos - Papa Tee
Yes oooohhhhhhhhhhhh
This is very unfair. I just reactivated my bank accounts when k came to Nigeria in Nov cos my account nos had changed and now this BVN. Why do customers have to pay for it, is it nor the Bank or CBNs responsibility? I tire fie Nigeria jare
Nigerians are all over the world, CBN should find an Easier way to register all account holder in Nigeria with new technology. I have a sister in Europe with a bank account in Nigeria. Where will she do BVN. Pls Oga CBN find a good team who can think outside the box to make things easy for everyone.
Does this joker know that OIS only provides service in Washington DC in the US? Does this idiot know how huge the US is? Who does he think will be traveling to DC for idiot BVN? In 2015, idiots still drag Nigeria behind with stupidity. Mumu. Mcheewwww
They dont reply to emails to minimise fraud but even to speak with them over the phone is an headache
I live in canada, there is no Nigerian bank here so they might as well keep the useless account
the centers are too small for all the nigerians in US. only three centers in US. Although they have extended the hours and started to work saturdays.
Finland, Sweden, Norway and Estonia. How do we go about this?
This information is not yet helping us over here, can someone give me a good clue please.
Please, I live in Sweden , how can I have my bvn registered?
Please, I live in Sweden , how can I have my bvn registered?
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