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Kayi Micro Finance Bank not affected by NIBSS Circular on Permissible Services, Products of PSSP

General Notice to our esteemed Customer on NIBSS Circular on Permissible Services and Products of PSSP Operation in Nigeria of December 5th 2023. Kayi is

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KAYI Microfinance Bank not affected by NIBSS circular - Management

KAYI Microfinance Bank not affected by NIBSS circular - Management
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KAYI Microfinance Bank not affected by NIBSS circular -

The management of KAYI Microfinance Bank Limited has assured its customers that it has the Central Bank of Nigeria (CBN) license to offer full scope of banking services to the general public.

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Banks to disconnect non-deposit financial institutions from money transfer channels

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Banks To Disconnect Non-Deposit Financial Institutions From Transfer List

December 07, (THEWILL) - The Nigeria Inter-Bank Settlement System (NIBSS), has directed banks to disconnect all non-deposit financial institutions from its transfer list. The NIBSS disclosed this in a circular dated December 5, 2023, with Ref: NIBSS/BD/NI/PO/005/051223 to banks. According to the national payment infrastructure company, the listing of non-deposit-taking financial institutions as beneficiaries contravenes

Payment solution service providersCentral bankPermissible servicesBank settlement systemPayment solution servicesNigeria inter bank settlement systemSwitching companiesSuper agentsElectronic paymentMobile money operations

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