CBN Gives New Orders to Access, UBA, Zenith on Dorm Account Openings

CBN Gives New Orders to Access, UBA, Zenith on Dorm Account Openings …C0NTINUE READING HERE >>>

CB has directed commercial, merchant and non-interest banks to open domiciliary accounts for participants in its new dorm account guidelinesThe guideline clarifies regulatory expectations from the bank  on their participation in the Foreign Currency SchemeIt said a bank should permit a participant to exchange part or the whole ITFC in the domiciliary account for naira at the prevailing exchange rate

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