
Central Bank of Nigeria
Instant (Inter-bank) Electronic Funds Transfer Services in Nigeria
- Author
- Central Bank of Nigeria
- Pages
- 9 pages
These guidelines establish procedures, minimum standards, and party responsibilities for instant inter-bank electronic funds transfer services in Nigeria. They regulate service providers, financial institutions, customers, receiving entities, and the payment scheme board, including requirements for security, business continuity, fraud monitoring, reporting, customer notifications, transaction processing,…