CBN Extends BVN Registration For Nigerians In Diaspora To June 30

Four days after the deadline for Nigerian bank customers abroad to enroll for the Bank Verification Number, BVN, lapsed, the Central Bank of Nigeria, CBN, yesterday gave another respite to Nigerians in Diaspora by extending till June 30, the timeline for their compliance with the guideline.

A Notice to the effect sourced by our correspondent from the apex bank’s website signed by the Director of Banking Supervision, Mr. ‘Dipo Fatokun, indicated that the deadline for registration for BVN and linkage of accounts was extended from January 31, 2016 to June 30 2016.
According to the banking sector regulatory financial institution, the decision is necessitated by low percentage of registration of Nigerian banks’ customers in Diaspora which may be attributed to lack of accessibility of registration centres and unavailability of registration centres in some cities where Nigerian population is high.

The CBN listed 30 centres where Nigerians in Diaspora can register for BVN, adding that plans are on to deploy more centers in locations with high Nigerian population. It therefore enjoined Nigerian banks’ customers who are yet to comply to do so before e end of the new deadline.

In the United States of America, the CBN cited in Washington DC, Atlanta, Houston, Los Angeles, New York and San Fransisco while in the United Kingdom, two centres, Leicester and Manchester, were approved for the exercise.
It clarified: “There is a center in Dubai of the United Arab Emirates, as well as Johannesburg and Cape Town in South Africa. There is another center in Kuala Lumpur, Malaysia and three in China, Beijing, Shanghai and Guangzhou. “In Canada, centers have been cited in Toronto and Vancouver.

Centers have also been cited in Paris, France; Rome, Italy; Sau Paulo, Brazil; Kiev, Ukraine and New Delhi, India. “Three centers were set up in Saudi Arabia (Riyadh, Jeddah and Al Khobar) and Australia (Melbourne, Brisbane and Perth) each,” it added.

Credit: NationalMirror