The Bank Verification Number (BVN) scheme which was introduced by the Central Bank Of Nigeria (CBN) with the aim of curbing financial misconducts in Banks, has seen a total of 2,583,815 registered customers between February 14th 2014, when the scheme was launched and December 2014.

The Central Bank of Nigeria (CBN) disclosed this in the December 2014 edition of its Financial Stability Report (FSR).

The report attributed the development to the collaborative efforts of stakeholders involved in the implementation of the scheme. According to the FSR, “The full implementation of the scheme is expected to increase the effectiveness of the Know Your Customer (KYC) standard as well as the safety and reliability of the payments system.”

The BVN is expected to boost financial inclusion as those who have typically stayed away from mainstream banking due to low literacy levels will be able to open and access their bank accounts using their biometric information rather than traditional identification methods.

As part of efforts to encourage enrolment for the BVN, the CBN had directed banks to only honour transactions over N100million from customers with BVN from March 2015.

- See more at: http://bizwatchnigeria.ng/are-you-one-of-the-two-million-nigerians-registered-for-bvn/#sthash.iJ2sUSk7.dpuf

I'll register very soon

yes i am among them. what of you @op?

I almost de among o

I registerd on Tuesday in diamond bank but they've not sent any code to me yet o

I registered for the BVN at diamond bank in Akure, after about a month of not getting the number i mailed there customer care and was given my 'supposed' BVN. But to my surprise i got a message from diamond bank asking me to register for my BVN. I sent a complaint to their complaint department (through email). What should i do next?