As part of an ongoing plan to sanitise the Nigerian banking sector, the CBN has asked all bank customers to verify their accounts to ensure they still own them. This, however, has created problems for Nigerians in the diaspora who cannot go to their high street branches but OIS has decided to come to their rescue by offering the service worldwide.
Under an ambitious programme, OIS has asked all Nigerians living in the UK to turn up at its Fleet Street offices in central London and its Leicester facility to verify their bank accounts. To save diasporans the hassle of travelling to Nigeria, OIS is offering to conduct the exercise worldwide at its facilities.
OIS founder and chairman Mahmood Ahmadu, has stressed the company's commitment to make life easier for all by opening several locations around the world. Locations were the BVN verification will be conducted include Los Angeles, Houston, Washington DC, New Jersey and Atlanta in the US and Beijing, Guangzhou and Shanghai in China.
It will also be conducted in several other cities worldwide including Johannesburg, Dubai, New Delhi, Rome, Paris, Amsterdam, Kuala Lumpur and Ankara in Turkey. Mr Ahmadu has asked diasporans to visit the company's website http://ift.tt/1RNiAcg
to locate the company's office nearest to them.
He added that all information will be forwarded on to the respective banks in Nigeria, who will automatically verify the customer accounts. According to Mr Ahmadu, diasporans will just have to pay an administration fee of £30, which saves them the cost of having to travel to Nigeria.
Mr Ahmadu said: "It has become clear that a lot of Nigerians in the diaspora are concerned about this matter, so OIS has decided to come to their assistance by capturing the data for them and forwarding it on to their banks. All they have to do is turn up at our offices nearest to them, and their data will be captured and sent on.
"OIS charges a nominal fee to all clients of £30, which goes to the cost of staffing the offices, and purchasing specialist equipment required for capturing the data and other costs. This token charge is nothing compared with the cost of a flight ticket to Nigeria which they would otherwise have to pay."
First announced in February 2014, the BVN scheme was introduced by the CBN to provide greater security for access to sensitive or personal information in the banking system. According to the CBN, with the increasing incidents of compromise on conventional security systems, biometric technologies have been increasingly used in the banking industry as an enhanced form of authentication for real-time security processes.
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