Customers Besiege Banks In Ebonyi To Beat BVN Deadline | Independent Newspapers Limited
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Customers Besiege Banks In Ebonyi To Beat BVN Deadline

Posted: Jun 26, 2015 at 7:00 pm   /   by   /   comments (0)

Bank customers in Abakaliki, Ebonyi State, on Friday thronged various branches for the bank verification numbers (BVN) required by the Central Bank of Nigeria (CBN) by June 30.

Reports said large crowds massed in the banks in the Ebonyi state capital, including Diamond, UBA, First Bank, First City Monument Bank and Guarantee Trust Bank.

Some of the customers told the News Agency of Nigeria that they had been denied financial transactions for not going through the verification.

A customer of Diamond Bank, Mrs. Eunice Igwe, said she arrived in the bank at 6.15am and met a crowd.

“I was here yesterday (Thursday) but could not perform the exercise due to the crowd.

“I left my house early only to be confronted by another crowd already waiting for the bank to commence operations.

“The situation is really frustrating and we have a few days left to the deadline; government should consider extending the date,” Igwe said.

On his part, businessman, Paul Iganga, questioned the rationale behind the directive by the CBN, saying that the exercise had brought untold hardship to the people.

He said the processes was slow, and a lot of man-hours were being spent to perform the exercise.

Similarly, a lawyer and UBA customer, Chris Igbokwe, said the Federal Government should not implement the June 30 deadline. He noted that most federal and state civil servants were yet to obtain the number, and they would be the worst hit if the exercise was not extended.

A branch manager of UBA, Philip Otu, told newsmen that the turnout for the exercise had been impressive.


He said the policy was designed to offer security and forestall hacking into people’s accounts through Internet fraud.

“The policy is a welcome development because it will guarantee more security to monies deposited in banks, by preventing fraudsters from hacking into people’s accounts,” he said.