Home News Access, GTB, UBA, Zenith Others To Pay Customers Money Sent From Abroad...

Access, GTB, UBA, Zenith Others To Pay Customers Money Sent From Abroad in Naira, Give Exchange Rate Read more: https://www.legit.ng/business-economy/money/1577735-come-passport-nigerian-bank-announces-internation-money-transfer-operation/

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Banks have started the implementation of CBN’s new requirements for international money transfer operation Based on the new rule, commercial banks are now allowed to convert customers’ remittances from abroad to naira Also, CBN placed a ban on the dollar and other foreign currency payouts for international transactions received through IMTOs Read more: https://www.legit.ng/business-economy come-passport-nigerian-bank-announces-internation-money-transfer-operation

banks have begun full implementation of the Central Bank of Nigeria’s revised guidelines on International money transfer operations in the country. Read more: https://jinglenaija.com.ng business come-passport-nigerian-bank-announces-internation-money-transfer-operation.

The CBN released revised guidelines for the operations of International money transfer operators (IMTOs) and instructed banks to begin paying dollars and other foreign currency payouts from abroad in naira to boost forex supply and starve the black market traders. Read more: https://www.legit.ng/business-economy/money/1577735-come-passport-nigerian-bank-announces-internation-money-transfer-operation.

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