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CBN disclaims unregistered IMTOs
CBN
The Central Bank of Nigeria (CBN) has alerted the public on the activities of two umaithorised International Money Transfer Operators (IMTOs).
A statement by Mr Osita Nwanisobi, CBN ‘s Acting Director, Corporate Communications urged the public not to do business with both companies.
“The attention of the CBN has been drawn to the activities of Messrs Azimo and Transfer Wise, both of which are purportedly transacting business, albeit unauthorised, as IMTOs.
“The bank wishes to notify the general public that neither Messrs Azimo nor Transfer Wise is licensed by the CBN to operate as an IMTO.
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