Outside Nigeria? You can now register for BVN

by | Aug 21, 2015

Nigerian bank account owners in the diaspora will be happy to know that they can now register and link their Bank Verification Number to the existing home accounts.

The Central Bank of Nigeria (CBN) yesterday announced guidelines for registration of Nigerians in the Diaspora into the BVN initiative. 12 locations abroad have been handpicked to kickstart the exercise:

  • London, England
  • Leicester, England
  • New York, USA
  • Atlanta, USA
  • Washington DC, USA
  • Houston, USA
  • Johannesburg, South Africa
  • Beijing, China
  • Shanghai, China
  • Guanghou, China
  • Dubai, UAE
  • New Delhi, India

Nigerian bank customers living in any of these areas have 2 options for registering their BVN:

The first option is that they present themselves physically the offshore branches/subsidiaries of any Nigerian bank for the BVN enrolment. Scanners and other necessary devices are already being deployed to these locations. After registration, customers can proceed to link their BVN to their existing bank accounts via a web portal to be provided by the Nigerian Interbank Settlement System (NIBSS). 

The second option is carry out the exercise through a company called Online Integrated Solution (OIS), at a cost of £30 to be paid by the customer.

In case you don’t live close to any of 12 preselected areas, the CBN assures that more locations will be added, albeit on the basis of “demand and online feedback”. Remote locations with lower concentration of Nigerians will also be catered for by way of “scheduled sessions for defined periods.”

Múyìwá Mátùlúkò
Múyìwá Mátùlúkò

Chief Servant. I bully myself because I make me do what I put my mind to.

On January 22, 2022, be part of the largest gathering of innovators, startup founders, thinkers, programmers, policymakers, and investors in West Africa. Register free.

Notify of
1 Comment
Newest Most Voted
Inline Feedbacks
View all comments
Kemmyshola Akintunde Olaoye
Kemmyshola Akintunde Olaoye
4 years ago

We need location in pretoria south Africa

Recent News

Subscribe to Techpoint Digest!

A daily 5-minute roundup of happenings in African and global tech, sent directly to your email inbox, between 5 a.m. and 7 a.m (WAT) every week day!

Please check your email to confirm your subscription.

Subscribe to Crypto Explorer

A monthly series featuring in-depth analysis on the cryptocurrency sector in Africa

Please check your email to confirm your subscription.

Subscribe to The Experts

A bi-weekly where tech career specialists take us on their journey from newbie to expert, and how they became successful in the industry.

Please check your email to confirm your subscription.

Subscribe to Founder's Table

A monthly series, where we catch up with founders in the startup ecosystem, learn about their failures, successes and a few tricks of the trade

Please check your email to confirm your subscription.

Copy link
Powered by Social Snap