The Nigeria Deposit Insurance Corporation (NDIC), acting as the official Liquidator, has initiated the payment process for depositors of 179 Microfinance Banks (MFBs) and four Primary Mortgage Banks (PMBs) that recently had their licenses revoked by the Central Bank of Nigeria (CBN).
According to the NDIC, those depositors who provided alternate bank account details during the verification exercise are currently receiving payments.
The corporation in their release says that depositors who lack alternate accounts and those still awaiting verification are advised to visit their nearest NDIC office.
“They should bring evidence of account ownership and valid identification for the verification and payment process,” the corporationstates.
“Depositors with necessary documents can also access the verification form on the NDIC website at www.ndic.gov.ng/claims/.
“Once completed, the forms and supporting documents can be submitted via email to [email protected].