The Central Bank of Nigeria (CBN) has said that there is no going back on October 31 deadline for bank customers to obtain their Bank Verification Numbers (BVN).
Mr Dipo Fatokun, Director, CBN Banking and Payment System Department (BPSD) said this while speaking with journalists in Abuja.
He said “Last week Friday the bankers communicated that there is no extension on the BVN.
“If you have not registered go and register and of course submit your BVN to your bank, no extension on the deadline of October 31.
“By November 1 if you don’t have a BVN you won’t be able to operate your account, but that does not mean that your money will be confiscated as some people have said.
“No, what it means is that you should go and do your BVN, once you do your BVN and you link it to your account, you continue to operate your account.’’
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