BVN does not expire, CBN insists

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The Central Bank of Nigeria has said the bank verification number it issues in collaboration with Nigeria Inter-Bank Settlement System does not have an expiry date.

The apex bank, in a statement posted on its verified Twitter page on Thursday, debunked reports that the BVN expires after 10 years of issuance.

The BVN is an 11-digit number that is unique to each individual, but the same across all bank institutions for the same individual.

The Central Bank of Nigeria has said the bank verification number it issues in collaboration with Nigeria Inter-Bank Settlement System does not have an expiry date.

The apex bank, in a statement posted on its verified Twitter page on Thursday, debunked reports that the BVN expires after 10 years of issuance.

The BVN is an 11-digit number that is unique to each individual, but the same across all bank institutions for the same individual.

admin May 11, 2023

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