Pandemonium As Customers Besieged Banks For BVN Deadline

Unknown to many that the CBN would extend the BVN registration deadline to October 30th 2015, pandemonium was apt to describe the scene in most Nigerian banks on 31st of June 2015 morning.
Customers besieged banks to comply with Bank Verification Number (BVN) deadline billed for end of June.

The Central Bank of Nigeria (CBN) had given all banks up till today to update their customers’ data in a bid to check money laundering and other financial crimes. By the end of June 2015, the about 34 million bank customers in Nigeria are expected to have keyed into the biometric data capture policy and have their bank verification numbers (BVN).

But the CBN said bank customers who failed the BVN deadline would be able to have access to their accounts at the banking hall only while they would be able to do internet banking.