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CBN sets up centres in North America, Asia, others to facilitate BVN registration

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…Confirms payment of 30 pounds
By Jonah Nwokpoku
The Central Bank of Nigeria, CBN has named twelve
approved centres across Europe, North America, Asia, Middle
East and Africa to facilitate the Bank Verification Number,
BVN registration exercise for Nigerian banks’ customers in the
Diaspora. The approved centres include the ones 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.

CBN also disclosed 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.”

Besides Leicester and London where enrolment had already
started, enrolment at all the approved centres is expected to kick
off 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.

The apex bank also directed customers intending to register
through OIS to make a booking first and confirm an
appointment through the organisation’s website before they could
be attended to. In the circular entitled: “Circular on the
framework for the enrolment of Nigerian Banks’ customers in
Diaspora for bank verification exercise issuance’ CBN
presented two options for the Diaspora customers to participate
in the BVN registration exercise.

It said: “Nigerian banks’ customers in the Diaspora could
present themselves for enrolment for the BVN without
travelling to Nigeria. The first option is for the customers of
Nigerian banks to present themselves to the offshore branches/
subsidiaries of any Nigerian money deposit bank, where such
facilities have been made available, for the enrolment for the
BVN. The deployment of scanners and other devices to these
locations have started in earnest.

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