Archives Tag: Cheque Limit

BUSINESS ECONOMY

CBN Extends Cheque Limit Nationwide on June 1st

April 19, 2022

The Central Bank of Nigeria (CBN) has issued a circular extending the maximum limit of N150, 000 on third party cheque withdrawals nationwide with effect from June 1, 2013. This implies that third party cheques above N150, 000 cannot be cashed over the counter and can only be received through the clearing house or deposited through … Continue reading CBN Extends Cheque Limit Nationwide on June 1st

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