Banks to disconnect non-deposit financial institutions from money transfer channels
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Source: naija247news.com
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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
Source: thewillnews.com
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
Source: dailypost.ng
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.
Source: punchng.com
Highlights Of The Central Bank Of Nigeria's Approved New Licence Categorisation Requirements (Consolidated) 2021 For Operators Within The Nigerian Payments System - Finance and Banking
On the 9th of December, 2020, the Central Bank of Nigeria ("CBN") issued a circular to all Payment Service Providers, Banks and Other Financial Institutions in Nigeria highlighting...
Source: mondaq.com