Customers expecting the Central Bank of Nigeria (CBN) to extend the
deadline for the Bank Verification Number (BVN) exercise may be
disappointed as CBN has ruled out the possibility.
Leadership
reports that Ibrahim Mu’azu, director,corporate communications, CBN,
confirmed that the deadline for registration is tomorrow, Tuesday, June
30, 2015.
He explained further that bank customers were given
adequate time and that the bank expected they should have taken
advantage of the period scheduled for the exercise to register.
Contrary
to the speculation that customers who do not have BVN will be prevented
from making transactions, such as payments and withdrawals, Mu’azu said
only customers using remote access services: internet banking,Automated
Teller Machines (ATMs) and other on-line services would not be able to
transact.
He also confirmed that over 14 million bank customers have already registered.
For
Nigerians in diaspora to participate in the exercise, CBN has also
directed banks to provide online platforms for those who have local
accounts to register.