Nigeria citizens living abroad can now apply for and do their bank verification number (BVN) exercise as Central Bank of Nigeria has approved and setup Online Integrated Solutions (OIS) centers in Washington DC, Atlanta, New York and Houston, United States of America; Johannesburg, South Africa; Beijing, Guangzhou and Shanghai, China; New Delhi, India; London and Leicester, United Kingdom; and Dubai, United Arab Emirates to facilitate the objective.
This development aided by the Apex Bank will facilitates and enable Nigeria citizens holding an account with any of the Nigerian banks who hasn’t done the BVN exercise to carry it out from any of the designated centres.
How to Go About it
The CBN stated that, “Online Integrated Solutions OIS has been engaged to establish stations for data capture and generation of BVN at a fee of GBP30 per transaction, payable by the customer. The company is expected to capture necessary data for online transmission to the Nigeria Interbank Settlement System, NIBSS who would therefore generate the BVN and communicate same to the customer.
The customer may approach OIS for the BVN, where the communication from NIBSS is not received within 48 hours after the enrolment. Thereafter, Nigerian banks’ customers in Diaspora are expected to forward their BVN to their banks for linkage with their accounts.”
The exercise which already began in London is expected to kick off in other centres from August 24, 2015 for Washington DC, and August 19 for Dubai, UAE while September 7, 2015 has been slated for the possible go-live date for the registration in Johannesburg, Beijing, Shanghai, Guangzhou and New Delhi.
September 14 has been slated for possible go-live date for the exercise in Atlanta, United States of America while possible go-live dates for New York and Houston Centres have yet to be determined. The circular added that information on other enrolment centres not listed above will be communicated soon and that customers should visit the NIBSS website for updates on the go-live dates.