BVN Enrollment Centers
Link BVN to Bank Accounts
NIBSS in partnership with OIS (Online Integrated Solutions) has introduced a simple, convenient and hassle free process for Nigerian Bank Customers in Diaspora to register and link their Biometric Verification Numbers (BVN) online to their Nigerian Bank Accounts.
NIBSS has come up with this process to ensure that Nigerian Bank Customers irrespective of where they are around the world can register and link their BVN to their Bank Accounts. The enrollment process is simple and easy.
1.Logon to Online Integrated Solutions (OIS) website http://oisservices.com/
2.Select Location. (The service is presently open to Nigerian account holders in the UK and UAE)
3.Click on the BVN ENROLMENT TAB on the OIS website.
4.Read BVN Enrollment Instruction
5.Download BVN enrollment form
6.Book BVN Biometric Capturing Appointment.
7.Print Appointment Booking Slip
8.Visit BVN Enrollment Center on the Appointed Date with Enrollment Requirement.
REQUIREMENTS FOR ENROLMENT
.Valid ID (Drivers Licence or International Passport)
.One recent passport photograph
.30 pounds enrollment fee. (Card Payment only.)
9. Logon to NIBSS website http://www.nibss-plc.com.ng and Click the: LINK BVN TO ACCOUNT Tab
10.Login with Username and password and link BVN to existing Nigerian Bank Accounts (Username and Password will be sent to your registered email account after capturing)
This enrollment process is done only once and your BVN is linked to all your Bank Accounts across all Nigerian Banks.
The BVN solution is an initiative of the Central Bank of Nigeria to ensure accountability, protect Bank Customers’ Account from unauthorized access, reduce exposure to fraud, check identity theft, enhance credit advancement to Bank Customers, and also encourage Financial Inclusion.
Below are details of the 4 Enrollment Centers presently available, 3 in the UK and 1 in UAE.
1. ENROLLMENT CENTERS
London: OIS Services, 56-57 Fleet Street, London EC4Y 1JU, UK Opening times: Monday to Friday (10am – 4pm)
Tel: +44 (0) 20 7832 0001
2. Leicester: OIS Services, The Peepul Center Orchardson Avenue, Leicester LE4 6DP, UK
Opening Times: Friday (10am – 4pm)
Tel: +44 (0) 20 7832 0001
3. Washington: OIS SERVICES, Washington DMV, 11900 Parklawn Drive, Suite 160, Rockville, MD, 20852. Opening times: Monday to Friday (9:00am – 4:00pm)
Tel: +1 860 929 8995
4. Dubai: 2907, Platinum Tower Cluster 1, Jumeirah Lake Towers Dubai, UAE
Opening times: 9am to 4pm daily, Sunday to Thursday
Details of other Enrollment Centers across the world will be “coming to you soon”.Please login to download the file.
Fraud Landscape in Nigeria 2015
Globally fraud is on the rise as well as its sophistication. In Nigeria, over the years most of these incidents have gone unreported. However, in 2013 under the directive of the CBN (Central Bank of Nigeria), NIBSS (Nigeria Interbank Settlement System Plc) developed the Anti-Fraud Portal with a view of getting the Banks to report their e-payment frauds as it occurs. In this report, the InfoSec (Information System Security) department of NIBSS shows the analysis of the reported frauds to detect and show the trends of e-payment frauds in Nigeria.
This report is focused on informing and helping the public understand payment fraud issues. The aggregated data will also inform consumers and businesses on how fraud occurs using various channels, as well as aid financial institutions with more effective fraud trend monitoring and preventive measures to combat the fraud.login to download the file.
NIBSS, IBM and Samsung Ennovate Naija Challenge
The Central Bank of Nigeria (CBN) introduced a new policy on cash-based transactions which stipulates a cash handling charge on daily cash withdrawals. The new policy is aimed at reducing the amount of physical cash circulating, encouraging more electronic-based transactions (payments for goods, services, transfers, etc.) and drive financial inclusion by providing more efficient transaction options and greater reach. It is also aimed at developing and modernizing the Nigerian payment system.
As a proactive measure to solve some of the challenges posed by the cashless policy, Nigeria Inter-Bank Settlement Systems PLC (NIBSS) conceived the idea of organizing an online crowd sourced contest aimed at generating innovative ideas to drive the policy, and generate solutions to overcome the present challenges.
The contest known as the “2015 ennovation Challenge” is managed by Digital Jewels Limited and is organized in partnership with Samsung and IBM. A large percentage of the process will be completed online. Participants will be required to log on to a website ennovatenaija.com and write ideas around the topic “How do I make cashless policy more effective in my community” for cash reward of N350, 000 each and some Samsung devices for the top 10 ideas. The competition which is open to all and entries closes by 12 noon May 10, 2015.login to download the file.
POS FUNCTIONAL SPECIFICATION
In August 2011, the Central Bank of Nigeria approved the Guidelines on Point Of Sale (PoS) Card Acceptance Services, which amongst others, mandated Nigeria Inter-Bank Settlement System Plc (NIBSS) to act as the Payments Terminal Service Aggregator for the financial system. POS FUNCTIONAL SPECIFICATIONPlease login to download the file.
Lagos POS Adoption Survey Report released by NIBSS Plclogin to download the file.
LIST OF APPROVED PAYMENT TERMINALS/APPLICATIONS
Payment Terminal and Application Certification
In August 2011, the Central Bank of Nigeria approved the Guidelines on Point Of Sale (PoS) Card Acceptance Services, which amongst others, mandated Nigeria Inter-Bank Settlement System Plc (NIBSS) to act as the Payments Terminal Service Aggregator for the financial system.
As the Payment Terminal Service Aggregator (PTSA), NIBSS is expected to be the only entity permitted to operate a Terminal Management System (TMS) and all payment terminals operating in Nigeria are required to connect to the PTSA. This is to ensure comprehensive oversight, reporting/performance monitoring, and also conforms to the objectives of shared industry infrastructure and best practice.
Consequently, NIBSS is responsible for the certification and re-certification of all payment terminals and applications on behalf of the Industry. This will ensure that payment terminals deployed in Nigeria meet all required certifications and the minimum POS specifications as defined in the CBN approved guidelines.
FRAMEWORK FOR CONCENTRATORS
Nigeria Inter-Bank Settlement System (NIBSS) Plc provides inter-bank electronic funds transfer services through the NIBSS Electronic Funds Transfer (NEFT) and the NIBSS Instant Payments (NIP) platform. FRAMEWORK FORlogin to download the file.
Pursuant to enhancing the efficiency of the payments system, it has become necessary to provide a viable framework for managing the settlement positions of banks. This is aimed at ensuring settlement finality at the CBN, given the important role that a well functioning payments system has on monetary policy, financial stability and overall economic activitylogin to download the file.