Wednesday 28 October 2015

Have You Done Your BVN?

BVN ie. Bank Verification Number is that set of numbers, which serve as a unique identity for each bank customer across Nigerian financial institutions.

The Verification Number for each customer is tied to their captured biometric details – in this case; finger prints, signature and photograph and linked to their account.
The BVN is unique to customers across the banking system and as such, a customer with more than one bank accounts in different banks only needs to do his/her BVN registration in one of the banks and then ensure that the Bank Verification Number gotten be taken to other banks where he/she has accounts for linkage.
Have you got your BVN? Do you have account with other banks? Have you gone to these other banks to submit your BVN for linkage with the accounts you have there? Answer these questions quickly and do the needful, because the deadline given by the CBN for this exercise is 31st of October (i.e. the last day of this month).
BVN promises added security on customers account and it reduced fraud within the banking system too. It also promises to reduce the time in which a customer's financial transactions are processed... "Na so them talk o".
Failure to do your BVN or get the one you have got linked to your other accounts in other banks after the 31st October deadline, customers may (will) be restricted from transacting on their account. Don't be caught unawares... spread the message; Me I don do my own o.
Alright gata go now.
Cheers!

28 comments:

  1. I have already done mine..I think I did last year

    ReplyDelete
    Replies
    1. Good for you... But you shouldn't be thinking o.

      Delete
  2. Thanks for sharing this.. Did mine long ago..



    Www.trendwithgloria.com

    ReplyDelete
    Replies
    1. I am glad you read it... Spread the news.

      Delete
  3. I have decided to start using my piggy bank. I have still not done mine, I want to close my account.
    Pheezycorner.blogspot.com

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    Replies
    1. Are taking us back to the days of our fathers? No naa... Okay, just go do the BVN just for the sake and leave the account (don't close it); it won't take anything from you, just 5minutes.
      Try, you hear?

      Delete
  4. I am yet to link the number to my other account. Ok, let me walk down to Access Bank. Procrastination is a bastard!

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    Replies
    1. Good for you o... It is best not to give the banks a reason do shakara for you with your money o.

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  5. Wahala o! I'm yet to link my bvn to my other accounts. Thanks for this reminder o. I must go to the banks tomorrow.

    evitaspeaks.blogspot.com

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    Replies
    1. You had better go 1st thing in the morning because the rush is going to be crazy.

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  6. Done, they gave me one long number, is that the BvN?

    Bolateethole.blogspot.com

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    Replies
    1. Lol... the numbers are eleven (11) digits. Count the number they gave you, if it is up to eleven, then it is your BVN, but ensure you take it to other banks you operate an account with for linkage to those accounts.

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  7. I've done mine too.

    Pamscrib.blogspot.com

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  8. Replies
    1. Just yesterday? When you get the BVNumber don't forget to link it with your other accounts o...

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  9. I've done mine since 3 months ago
    www.alabekee.com

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  10. Replies
    1. If you have not done yours, who would? A whole Naija Mom.
      Lol.

      Delete
  11. I did one but yet to link it with other accounts...just been lazy about it. Am just sure they wont close 26million account without providing a remedy.

    ReplyDelete
    Replies
    1. Hehehe... Isoryt!
      CBN did not say accounts without BVN will be closed... They only said that there will be restricted access to those accounts by their owners and users. For the records, I don't know what you are talking about mentioning bank closing a 26million account.

      Delete