Thursday, February 19, 2015
Bank Verification Number for Nigerians based abroad
Bank customers living outside Nigeria would have to come back to the country to enroll if they must get the compulsory Bank Verification Number to enable them transact business in Nigerian Banks as Directed by the Central Bank of Nigeria, If a Bank Customer does not have a BVN on or before 25th of June 2015 he will not be allowed to transact business as a customer in Nigerian Banks.This i find very odd and i believe this will be very difficult or even impossible for Nigerians living in the diaspora who have bank accounts in Nigerian banks. with the estimate of over five (5) million Nigerians living outside the country i am of the strong opinion that those who are customers of Nigerian banks ought to be given an easier mode of getting the BVN number and should not have to travel all the way to Nigeria to enroll for it.
The Big Nigerian Banks have subsidiaries/Branches in Major cities all over the globe and could make provisions for the enrollment for the BVN to make it easier for Nigerians living abroad ,Note- once you are registered and given BVN number in one bank you do not need to enroll for another in all other banks where you transact business.
For example First Bank of Nigeria has offshore subsidiaries in London,United Kingdom, Paris- France and representative offices in China and South Africa, Check the First diaspora website for more information , Guarantee Trust Bank GTBank, too has Subsidiaries too in the United Kingdom, Nederlands, Seria Leone , Gambia and Ghana.
There should be an easier way fashoined out by the Central Bank of Nigeria for Nigerians living abroad who are Bank customers with Nigerian Banks to enroll and obtain the Bank verification Number (BVN) without having to travel all the way to nigeria to do so.
To know more about BVN please check our previous article click on ALL YOU NEED TO KNOW ABOUT BANK VERIFICATION NUMBER please feel free to comment on this issue. cheers.
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Provision should be made for the Nigerians living abroad so as to make the BVN exercise easier for them .