Nigeria Deposit Insurance Corporation (NDIC) has commenced verification and payment of insured depositors in 33 of the 83 Micro-Finance Banks whose licences were revoked in December 2013.
This is contained in a report published on the corporation’s website on Wednesday in Abuja, stating that the exercise which commenced on June 2 would end on June 6.
It gave the names of banks to include, Abriba MFB, Akesan MFB, Argungu MFB, Bekwarra MFB, Citigate MFB, Crown MFB, Daily Capital MFB, Eden MFB and Edet MFB.
Others are, Egosa MFB, Essence MFB, First Choice MFB, First Heritage MFB, Omasi MFB, GFB MFB, Gusau MFB, Havilah MFB, Hebron MFB, Idah MFB, Irele MFB, Neighbourhood MFB and Ngegwe MFB.
They also include Nkpor MFB, Okwuta MFB, Otun-Ekiti MFB, Plannet MFB, Reunion MFB, Royal Trust MFB, Target MFB, Ughievwen MFB, Ujoelen MFB and Umuhu Okabia MFB.
The report urged depositors in the MFBs to visit the last known addresses of the closed banks with their claims.
It stated that depositors would be required to present evidence of account ownership and a personal identification document.
“Depositors not having valid identification should obtain introduction letters with their photographs affixed from the traditional ruler of their town, or their local government chairman.
“They are also expected to bring along details of alternate bank accounts operated by them in any of the living banks,’’ it stated.
It further stated that depositors without alternative bank accounts would be expected to provide details of accounts of a close relative to which payment could be made.
It added that, if such relatives were to represent them, they must come with appropriate authority letter.
The NDIC also announced that the verification and payment to depositors of other closed MFBs not stated would be communicated to the public when liquidation procedures were concluded.