The Central Bank of Nigeria, CBN, yesterday, imposed fresh condition for owning a bank account saying that from January 8, 2013, the National Identity Number, NIN, would be criteria for owning and operating a bank account in the country.
To this effect, from September 1 this year, CBN in conjunction with the National Identity Management Commission, NIMC, and the Nigeria Interbank Settlement System, NIBSS, would commence a three months enrollment exercise for all existing banks’ customers to capture their biometrics and issue to them NIN as well as a General Purpose Identity Card.
This was announced via a circular to all deposit money banks, microfinance banks and primary mortgage institutions, PMIs, on the use of the National Identity Number, NIN, for the Know Your Customer, KYC, verification.
No comments:
Post a Comment