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CBN Should Clerify The Public About New Naira Notes Policy On Transfers. - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsCBN Should Clerify The Public About New Naira Notes Policy On Transfers. (333 Views)

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CBN Should Clerify The Public About New Naira Notes Policy On Transfers. by thesolutions(op):
I observed that the CBN policy on the redesigned Naira notes said nothing about transfers and many people are jittering about receiving transfers or payment for goods and services via transfers or POS.

Please if you have Idea about this, please update us.
Re: CBN Should Clerify The Public About New Naira Notes Policy On Transfers. by thesolutions(op): 8:23pm On Dec 07, 2022
Nothing here yet.
Re: CBN Should Clerify The Public About New Naira Notes Policy On Transfers. by faceland: 8:30pm On Dec 07, 2022
thesolutions:
I observed that the CBN policy on the redesigned Naira notes said nothing about transfers and many people are jittering about receiving transfers or payment for goods and services via transfers or POS.

Please if you have Idea about this, please update us.
It doesn't affect transfer (account to another account)... The policy to control CASH


https://www.youtube.com/watch?v=RfaIEnw15w0
Re: CBN Should Clerify The Public About New Naira Notes Policy On Transfers. by thesolutions(op): 9:15am On Dec 08, 2022
The policy is a sham one that can not work. Payment through POS or card has not been explained. If 20k daily limit on POS is implemented, the cashless policy can not work.

What CBN needs to do is to map all POS businesses operators and be sole responsible in their operations while other businesses that uses POS to receive payment operates freely.
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