By InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) on Friday said it would refund N35 million of Mandatory Caution Deposit to all Bureau De Change operators. “All eligible BDCs may wish to apply for refund of their caution deposits, attaching evidence of payment and bank transfer details,” the CBN […]
Tag: Kevin Amugo
CBN Develops Uniform Account Opening Form for Banks, Other Financial Institutions
Form (A) I Account is limited to a maximum single deposit of 20,000 Maximum cumulative balance 200,000 naira at any point in time Form (A) II is similar to form (A) I, but maximum single deposit is 50,000 naira Maximum cumulative balance is 400,000 naira International funds transfer prohibited. By […]
