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CBN sets November 1 to start penalising banks over cheque rejection - Vimarsana News

CBN sets November 1 to start penalising banks over cheque rejection

Published: October 23, 2023

EFFECTIVE November 1,2023, the Central Bank of Nigeria (CBN) will begin to impose sanctions on deposit money banks (DMBs) that rejects banks’ cheques. The

Source: tribuneonlineng.com
Related Topics:
Sam OkojereBanking Services DepartmentDeposit Money Bank DmbsBanking ServicesTechnical Implementation CommitteeCentral BankDeposit Money BankSanction GridNigerian Cheque StandardsNigeria Cheque Printers Accreditation SchemeNigeria ClearingImplementation Committee