CBN To Fine Banks For Failed Electronic Fund Transfer - Business - Nairaland
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Banks Charge Customers For Failed Transactions / CBN, MTN Near Deal Over $8.1bn Fund Transfer / Banks To Pay N10,000 Fine For Failed Transaction Not Reversed Within 24hrs (2) (3) (4)
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| CBN To Fine Banks For Failed Electronic Fund Transfer by Juleh01: 7:46pm On Sep 17, 2018 |
CBN announces N10,000 (per-transaction) fine for banks that fail to reverse failed electronic transactions within 24 hours. Super! That nonsense of keeping people’s money for two weeks has to end. (Video: @channelstv) Circular here: cbn.gov.ng/Out/ cc:Mynd44 cc:seun
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