international money transfers

  1. CBN Enforces Stricter Regulations, Bars Banks and Fintechs from International Money Transfers

    Nigeria CBN Enforces Stricter Regulations, Bars Banks and Fintechs from International Money Transfers

    The Central Bank of Nigeria (CBN) has announced the prohibition of banks and financial technology companies (fintechs) from offering international money transfer services. This development, outlined in the revised guidelines for the operations of International Money Transfer Operators (IMTOs)...
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