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Topic Summary

Posted by: Mr. Babatunde
« on: July 03, 2015, 07:25:51 AM »

 9 Things You Should Know About Bank
Verification Number


As from  July 1, restrictions will be placed on
the accounts of bank customers who haven’t
registered for the BVN.

The deadline for the Bank Verification Number (BVN)
registration in Nigeria ended, June 30, 2015 but was Extended to October 31st.

As from  July 1, restrictions will be placed on
the accounts of bank customers who haven’t
registered for the BVN.

Here are 9 things you should know about the
BVN. from SN[Spyloaded News]:

1. The BVN is an initiative of the Central Bank of
Nigeria (CBN).

2. It was launched in February 2014.

3. It is a unique number that enables one person to
have a single identity in the banking system

4. It is aimed at protecting bank customers from
identity theft.

5. It wills serve the purpose of strengthening the
Nigerian banking system.

6. A customer is only expected to register at one
bank, irrespective of the number of accounts he has.

7. Customers will still be able to access cash after the
BVN deadline ends but online transactions will be
restricted.

8. Its a mark of the beast (end time). So pray very well
because undergoing the exercise (i will explain that
later.).

9. It's only happening in Nigeria.


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