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[CBN] No BVN restriction for Diaspora Nigerians for now

Nairametrics by Nairametrics
June 29, 2015
in Uncategorized
[Analysis] CBN post 84% drop in profits for FY 2014
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The CBN through its Communication Adviser Ugochukwu Okoroafor has confirmed that Nigerians in diaspora who have bank accounts in Nigeria will not have their accounts suspended for BVN reasons. He made this confirmation via a series of tweets in response to questions from depositors. He also said the CBN will in two weeks release guidelines for Diaspora BVN registration. See tweets

#CBNBVNDiaspora CBN will in 2 weeks release guidelines for Diaspora BVN registration till then such accounts will operate without hindrance

— Ugo A. Okoroafor mni (@Ugokraf) June 28, 2015

#CBNBVNDiaspora The impending arrangement will take full consideration of the convenience of Diaspora account holders

— Ugo A. Okoroafor mni (@Ugokraf) June 28, 2015

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He also mentioned that the CBN will use various methods available to proof depositors who are actually diaspora. They will probably use Visa time stamps, tickets etc. to verify local depositors who are in diaspora.

Tags: News Review
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