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Banks to disconnect non-deposit financial institutions from money transfer channels - Vimarsana News

Banks to disconnect non-deposit financial institutions from money transfer channels

Excerpt

Banks To Disconnect Non-Deposit Financial Institutions From Transfer List - Vimarsana News

Banks To Disconnect Non-Deposit Financial Institutions From Transfer List

December 07, (THEWILL) - The Nigeria Inter-Bank Settlement System (NIBSS), has directed banks to disconnect all non-deposit financial institutions from its transfer list. The NIBSS disclosed this in a circular dated December 5, 2023, with Ref: NIBSS/BD/NI/PO/005/051223 to banks. According to the national payment infrastructure company, the listing of non-deposit-taking financial institutions as beneficiaries contravenes

NIBSS asks banks to remove PSSPs, others from transfer list - Vimarsana News

NIBSS asks banks to remove PSSPs, others from transfer list

The Nigeria Inter-Bank Settlement System has asked banks to delist Payment Solution Service Providers, Switches and Super Agents from its outward payment

NIBSS Excludes Non-deposit Banks From Money Transfer Channels - Vimarsana News

NIBSS Excludes Non-deposit Banks From Money Transfer Channels

Nigerian banks have received a circular from the Nigeria Interbank Settlement System Plc (NIBSS) instructing them to remove non-deposit-taking financial

Banks to disconnect non-deposit financial institutions from transfer - Vimarsana News

Banks to disconnect non-deposit financial institutions from transfer

Banks have been asked to disconnect Switches, Payment Solution Service Providers, and Super Agents from the Nigeria Inter-Bank Settlement System Instant Payment Outwards System.