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CBN lifts ban of post no debit on 440 fintech accounts

CBN lifts ban of post no debit on 440 fintech accounts
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CBN lifts ban on Bamboo, Nairabet, AbokiFX, 437 accounts

The apex bank also instructed banks to notify the concerned customers of the development. | Pulse Nigeria ....

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CBN lifts ban on Bamboo, Nairabet, AbokiFX, 437 accounts

A post-no-debit means that all debit transactions, including ATMs and cheques, on the accounts have been blocked but can receive inflows. ....

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Nigeria's Central Bank Lifts Ban On AbokiFX, Nairabet, Bamboo, 440 Accounts, Others

The Central Bank of Nigeria has directed banks to vacate a post-no-debit restriction placed on 440 bank accounts of individuals and companies. The new directive is contained in a circular issued on Tuesday, which was signed by A.M. Barau on behalf of the CBN director of banking supervision. The apex bank, however, asked the deposit money banks to inform the affected customers of the new development. ....

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CBN Removes Ban On Bamboo, Nairabet, AbokiFX, 437 Accounts

July 26, 2023. Azonuchechi Chukwu. The Central Bank of Nigeria has directed banks to vacate a post-no-debit restriction placed on the bank accounts of 440 individuals and companies. A post-no-debit means that all debit transactions, including ATMs and cheques, on the accounts have been blocked but can receive inflows. The circular, signed by A.M. Barau | ....

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