In spite of the deadline of Saturday, October 31,
the Bank Verification Number (BVN) registration
exercise will continue.
Although the accounts of Nigerians who haven't
registered for BVN will be temporarily blocked,
they can still access their accounts upon
registration.
Most of the commercial banks have started
sending messages instructing customers on how
to proceed regarding their accounts.
One of such commercial banks sent out this
message: "Your account with us can only
receive transfers and deposits. Payments or
cash withdrawals from such accounts have been
restricted."
"Your account with us is still valid as the
restriction placed on your account is temporary,
and will be automatically removed once you
enrol for your BVN at any of our branches
nationwide."
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