Thursday, February 25, 2016

YOUR BANK ACCOUNT WILL BE DORMANT!


The Central Bank of Nigeria has authorised  that any bank account without Biometrics Verification Number (BVN) would be operated as 'No Customer Initiated Debit' .

This circular was passed by Mr.Dipo Fatokun on Thursday. He also sated that the customers that could not link their BVN to some of their accounts should go to the banks where the BVN was issued for the error to be corrected on the data base.

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