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Tag: Allow customers

June 19, 2023

FOREX: Allow Customers Free Access To Domiciliary Account Funds, CBN Orders Banks

The Central Bank of Nigeria, CBN has ordered banks to allow customers to have unfettered access to funds in their domiciliary account.According to the CBN, domiciliary account holders are permitted to utilize cash deposits not exceeding $ 10,000 per day or its equivalent via telegraphic transfer.Director, Corporate Communications, Department, CBN, Dr. Isa Abdulmumin, disclosed this…

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