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Customers besiege banks for BVN few days to deadline

Freedom Online by Freedom Online
June 22, 2015
in Breaking News, Business, News
0
CBN links cashless policy to increased electronic banking risks

Central Bank of Nigeria

Bank customers on Monday besieged their banks to collect their Bank Verification Number (BVN), a week to the deadline of the exercise.
The BVN is for biometric registration of all bank customers in the country.
While many customers had done their registration, a good number is yet to comply with the Central Bank’s directive.
A cross section of customers said that they could not participate in the exercise early enough because of their crowded schedules.
In Makurdi, Benue State, a First Bank customer, Mrs Dorcas Atim, said that she was just delivered of a baby when the exercise commenced, hence her inability to do the verification earlier than now.
”I was doing everything by myself and, as such, I had little or no time to spare for other things other than my domestic chores which were time consuming,” she said.
At UBA, a customer, Mr Atom Iordaa, said he was unable to register before now because of the nature of his job which was quite demanding.
“I am only free during weekends, but banks do not transact businesses during weekends, but since they said that one cannot transact businesses after the deadline, my Oga, permitted me to come and be captured,’’ he said.
A customer at Guarantee Trust Bank (GTB), Mrs Rose Otu, said she thought the last-minute registration would not be as time consuming because most people would have captured.
“It is unfortunate that I miscalculated that the queue will not be long. It is like many people have that same reasoning of coming now as I have.
“If only they will use the data gathered to forestall bank fraud, it will not be a futile effort, but how will they capture the aged, those on sick bed and those in the Diaspora?’’
The exercise is billed to end on June 30.

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© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.