
Central Bank of Nigeria
Diaspora Remittances; Additional Operational Guidelines 2
- Author
- Central Bank of Nigeria
- Year
- 2020
- Pages
- 2 pages
The Central Bank of Nigeria directs deposit money banks to close Naira accounts held by international money transfer operators so diaspora remittances reach beneficiaries only in foreign currency, including cash or transfers to domiciliary accounts. Banks may open Opex accounts for IMTO salaries and other…