GTB, Access, UBA, Others Send Messages to Customers on Bank Account Update, Give Deadline
Attention Nigerian Bank Customers: Update Your Account Information Before March 1st Deadline
Hey there, fellow Nigerian bank customers! If you haven't already heard, there's an important update from our banks that we all need to pay attention to.
It's about ensuring our accounts are up to date with our Bank Verification Number (BVN) and National Identification Number (NIN) before Friday, March 1, 2024.
So, what's the scoop? Well, it all stems from a recent circular issued by the Central Bank of Nigeria (CBN) on December 1, 2023.
This circular makes it crystal clear: if we want to keep using our accounts hassle-free, we've got to link them with our BVN and NIN.
Now, here's the lowdown on what the CBN said in their circular: for all of us with Tier-1 bank accounts and wallets, having our BVN and/or NIN linked is mandatory.
And guess what? The same goes for those with Tier 2 and Tier 3 accounts and wallets.
What's at stake if we don't comply? Well, our beloved banks have warned us that failing to provide this info could mean trouble down the line.
We might find ourselves unable to carry out transactions smoothly, and who wants that headache, right?
Now, let's talk specifics. Some of the big players like Access Bank, United Bank for Africa (UBA), Ecobank, and Guaranty Trust Bank (GTBank) have already started reaching out to us with instructions on how to get this done.
For instance, Ecobank sent out a detailed message outlining the steps we need to take, including updating our account info through a provided link and submitting necessary documents like our NIN.
Similarly, GTBank has made it super easy for us by offering multiple channels to link our BVN and NIN. Whether it's dialing a specific code from our registered mobile number, visiting their website's self-service portal, or popping into a branch, they've got us covered.
But wait, there's more! In addition to the BVN/NIN update, our friendly CBN also wants to see Nigerian financial institutions proudly displaying their corporate names on all their online platforms.
This includes websites, portals, and mobile apps. It's all about transparency and accountability, folks!
So, let's not procrastinate on this, friends. March 1st is right around the corner, and we definitely don't want to be caught off guard.
Let's get those account updates sorted ASAP and keep our banking experience smooth sailing. Happy updating, everyone!
Watch the video short below