Deposit Money Banks risk a N10m fine and withdrawal of cheques from circulation if they engage unaccredited cheque printers, the Central Bank of Nigeria has said.The apex bank disclosed this in a ...
CBN has rolled out revised sanctions for banks and accredited cheque printers under the Nigeria Cheque Standards and the Nigeria ...
The Central Bank of Nigeria (CBN) has unveiled a revised sanctions regime, slamming fines of up to N20 million for banks and accredited cheque printers that breach cheque standards ...
Nigerian Tribune on MSN
CBN imposes N10m fine on banks using unaccredited cheque printers
The Central Bank of Nigeria (CBN) has warned deposit money banks against the use of unaccredited cheque printers, stating that offenders will face fines of up to N10 million per infraction, alongside ...
Legit.ng on MSN
Find out more as CBN announces N10m fine for Nigerian banks
The Central Bank of Nigeria has warned that banks using unaccredited cheque printers will face N10 million fines, withdrawal of cheques, and stricter sanctions.
The Central Bank of Nigeria (CBN) says banks and cheque printers now risk a fine of N10 million for using unapproved security features. The apex bank disclosed this as it revised the Sanction Grid of ...
P.M. News on MSN
CBN hits banks with N10m fine over unaccredited cheque printers
The Central Bank of Nigeria (CBN) has introduced tougher penalties for commercial banks that patronise unapproved cheque printers, imposing fines of up to N10 million and ordering the withdrawal of ...
Flexible Check Printing, Digital Approvals, and Electronic Payment Options Bring Efficiency to Industries Utilizing ...
If you still have a deprecated V3 or V4 "legacy printer," you'll need to install drivers manually going forward.
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