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Central Bank of Nigeria

International Money Transfer Services in Nigeria

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Author
Central Bank of Nigeria
Year
2024
Pages
18 pages

These revised guidelines establish the regulatory framework for International Money Transfer Operators in Nigeria, covering approval and overseas partnership requirements, permissible and prohibited activities, anti-money laundering and counter-terrorist financing obligations, disclosure and customer identification, complaint handling, confidentiality, remedial measures, sanctions, and enforcement against unapproved operators.

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