CBN Extends BVN Deadline date.
The Central Bank of Nigeria on Tuesday extended the deadline for the Bank Verification Number registration by four months from June 30 to October 31, 2015.
The apex bank disclosed this in a circular issued to all Deposit Money Banks operating in the country.
The circular dated Tuesday, June 30 with reference number BPS/DIR/GEN/CIR/02/008 was signed by the Director, Banking and Payment Systems Department, CBN, Mr Dipo Fatokun.
The bank in the circular said the extension became imperative in order to give customers of DMBs more time to participate in the enrollment exercise.
It said since the registration exercise had in recent time elicited a lot of interests from customers of DMBs who have crowded the banks in the last few days, there is need to extend the deadline to ensure a smooth completion of the registration process.
The circular further stated that in view of the fact that a lot of Nigerians in the diaspora may not be able to take advantage of the current registration process, a new guideline for their enrollment would soon be issued by the CBN.