| Business 
[ 2015-12-07 ] 

GTBank commences BVN enrolment for Nigerians Guaranty Trust Bank (Ghana) Limited has set up a
desk to enable Nigerians resident in Ghana and who
have bank accounts in Nigeria to enroll for
mandatory Bank Verification Number (BVN) scheme,
introduced by the Central Bank of Nigeria (CBN).
The enrolment exercise, for now, is carried out
from the bank’s Baatsona branch, on the Spintex
Road, close to the Paloma Hotel at Community 18
junction. The BVN scheme introduced by CBN
requires all customers who have accounts with
banks in Nigeria to undergo a biometric
registration based on signature, fingerprints and
picture. Customers are thereafter issued a unique
number which can also be linked to every account
that the customer has in all banks in Nigeria. The
CBN came up with the scheme in response to
increasing compromise with security systems
including customers’ passwords and PINs. Hence,
the enrolment exercise is meant to give customers
a unique identity that will address identity theft
and eliminate accounts exposure to fraud.Guaranty
Trust Bank Plc., parent company of Guaranty Trust
Bank (Ghana) Limited, embarked on the BVN
enrolment exercise in all its branches in Nigeria
where customers’ pictures and all 10
fingerprints were captured for authentication.Also
in GTBank UK, about 4,500 Nigerian bank account
holders were enrolled unto the scheme.Commenting
on the BVN enrolment process, Managing Director of
Guaranty Trust Bank (Ghana) Limited, Mr. Lekan
Sanusi stated, “We are happy to extend this
enrolment exercise to Nigerians resident in Ghana
and who have accounts in Nigeria. This is a step
further to protect customer transactions and
inspire further confidence in Nigerian banking
systems.” He further stated that, “As a bank
with strong and safe operating principles and
systems, we are delighted to extend such support
to customers and potential customers of our parent
company, GTBank Plc.”.General Manager of
Guaranty Trust Bank (Ghana) Limited, Mr. Daniel
Attah explaining the enrolment process said,
“Each account holder is expected to submit a
form of identification, which could be a passport
or National ID. All they need to do is visit our
Baatsona branch, fill out a form, and then their
fingerprints can be taken”.He further stated
that, “The Bank Verification Number is an 11
digit code that will be given to the customer
after the process has been completed. The BVN
enrolment exercise which begins in December at the
bank’s Baatsona branch shall run till the end of
January 2016 and is expected to cover Nigerians
who are living and working in Ghana but operating
accounts in Nigeria.Guaranty Trust Bank (Ghana)
Limited is a subsidiary of Guaranty Trust Bank Plc
in Nigeria, the first sub-Saharan African Bank to
be listed on the London Stock Exchange. Presently
in its 9th year of operations in Ghana, GTBank
Ghana has established itself as role model and a
reference point in the financial services industry
in the country due to its strengths, safety and
efficiency in delivering unrivaled banking
solutions to customers. It currently operates from
33 branches spread across the length and breadth
of Ghana. Source - Bus & Fin Times

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