NEWS

CBN Names 12 BVN Registration Centres Abroad

The Central Bank of Nigeria, CBN has named twelve approved centres across Europe, North America, Asia, Middle East and Africa to facilitate the Bank Verification Number, BVN registration exercise for Nigerian banks’ customers in the Diaspora. The approved centres include the ones in Washington DC, Atlanta, New York and Houston, United States of America; Johannesburg, South Africa; Beijing, Guangzhou and Shanghai, China; New Delhi, India; London and Leicester, United Kingdom; and Dubai, United Arab Emirates.

CBN also disclosed that, “Online Integrated Solutions OIS has been engaged to establish stations for data capture and generation of BVN at a fee of GBP30 per transaction, payable by the customer. The company is expected to capture necessary data for online transmission to the Nigeria Interbank Settlement System, NIBSS who would therefore generate the BVN and communicate same to the customer.

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