Archives Tag: interbank
How the CBN’s New Bank Payment Rules Could Affect You
April 19, 2022
On the 13th of September, the Central Bank of Nigeria (CBN) introduced new rules for interbank electronic fund transfers. These rules, which are to take effect from the 2nd of October, are aimed at curbing the widespread problems with electronic fund transfers which banks and their problems frequently encounter. The issues covered by the new … Continue reading How the CBN’s New Bank Payment Rules Could Affect You
