
Central Bank of Nigeria
Compliance with SWIFT Universal Payment Confirmations
- Author
- Central Bank of Nigeria
- Reference No.
- BKS/CRO/GEN/BNK/04/061
- Year
- 2020
- Pages
- 1 page
This circular reminds banks operating in Nigeria to comply with SWIFT Universal Confirmations by reporting the outcome of incoming MT103 customer payments through Tracker within two business days. It identifies the required outcomes as credited, rejected, or pending, notes an 80% weekly confirmation measurement, outlines…