NDIC Verifies FEMAZ MFB Depositors Ahead Payment.
The Nigeria Deposit Insurance Corporation (NDIC) has commenced the verification of the depositors of the liquidated FEMAZ Micro Finance Bank ahead of the payment of their insured sums.
The NDIC which commences the verification of the depositors today Monday 5th October to Friday 9th will check the cheque-books, passbooks and other items to ascertain the claims of the depositors.
FEMAZ MFB was registered 6 February 2015 but has run into troubled waters and the NDIC which is the official liquidator of the MFB is now in the process of payment of the insured sums to the depositors of the liquidated firm.
The corporation in a notice issued Sunday 4 October requested the depositors to go to the Abuja office of FEMAZ and also NDIC offices located in 10 states across the federation this week to submit instruments to identify them with the liquidated MFB.
The depositors are requested to come along with their cheque-books, passbook, and any other proof of account ownership in addition to a valid means of identification.
“The Nigeria Deposit Insurance Corporation (NDIC) is the official Liquidator of FEMAZ Microfinance Bank (in-Liquidation) and is in the process of paying insured sums to the depositors of the closed bank”.
“By this notice, all depositors of the bank are hereby requested to visit the defunct bank’s branch at 2 Herbert Macaulay Way Wuse 2 Abuja for verification of their claims with the NDIC officials from Monday 5th to Friday 9th October 2020”.
“Affected Depositors are to present their Cheque books, passbooks, and any other proof of account ownership together with any valid means of identification and alternate account”.
The corporation also asked eligible depositors to contact the representatives of the Director, Claims Resolution Department in any of NDIC Zonal Offices to file their claims or seek further clarification.
FEMAZ Microfinance bank limited was registered 6th February 2015 and had its office at 2 Boa Plaza, Herbert Macaulay Way, Wuse Zone 5, Abuja according to information on the website of the Central Bank of Nigeria (CBN).
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