
Central Bank of Nigeria
Cash-Out Limits for Agent Banking Transactions
- Author
- Central Bank of Nigeria
- Year
- 2024
- Pages
- 2 pages
The Central Bank of Nigeria directs deposit money banks, microfinance banks, mobile money operators and super-agents to implement cash-out limits for agent banking transactions, including weekly customer, daily terminal and daily agent cumulative limits. The circular also requires separation of agent banking from merchant activities,…