CBN freezes accounts without BVN, NIN April 2024

CBN freezes accounts without BVN NIN April 2024

With effect from April 2024, the Central Bank of Nigeria has mandated a “Post no Debit” restriction on all bank accounts without a National Identity Number and a Bank Verification Number.

A limitation put in place by banks on particular accounts that prohibits users from making withdrawals, transfers, or any other kind of debit from such accounts is known as “Post No Debit.”

This action essentially freezes the account’s cash, making it unavailable while the restriction is in place.

The central bank’s circular, which was distributed to all deposit money institutions on Friday, carried the order from the CBN.

Read Also:

Chandler Jones Viral Controversial Video

Woman caught her daughter with Cucumber In bag

Couples caught at work through office window

Video: Blueface Mother karlissa Goes Viral Online

Video: Fake Kenyan lawyer,Brian Mwenda seen receiving a Judge Last week

Pep Lite seen Assaulting & Choking a school boy on the street

Full Video: Knife Man Stabbed a School Teacher and several others injured In France city of Arras

Video: Inquisitor Ghost Last Video on tiktok live

Video: Indian Bihar Cops caught on camera throwing accident victim’s body into canal

Full video: Kevin Gates spat in the mouth of a pregnant lady on stage in virginia

Sexy Red controversial video goes viral on Instagram