The Central Bank of Nigeria (CBN) yesterday set new deposit limits for all categories of account holders and introduced three-tier Know Your Customer (KYC) requirements for banks. The policy pegs a maximum single deposit amount of N20,000 and maximum cumulative balance of N200,000 at any point in time on the […]
Tag: Account holders
UK taxman probes HSBC accounts after data leak
Europe’s biggest bank, is at the center of an investigation by British tax authorities into leaked data that a newspaper said showed it provided accounts in the tax haven of Jersey for alleged criminals. The authorities confirmed they were looking into details of clients in the Channel island after being […]
