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Central Bank of Nigeria’s Guidelines for Cheque Truncation, 2012

Central Bank of Nigeria’s Guidelines for Cheque Truncation, 2012. 

Copy of the Central Bank of Nigeria’s Guidelines for Cheque Truncation, 2012. 

Click to download the Central Bank of Nigeria’s Guidelines for Cheque Truncation Nigeria, 2012

 

The Central Bank of Nigeria’s Guidelines for Cheque Truncation Nigeria, 2012 was released by the Central Bank of Nigeria on the 14th of March, 2012 and it’s objective are but not exclusive to the following :

1. To provide for the regulation and management of Cheque Truncation in Nigeria with the view to reducing cost and days of clearing instruments.

2. To articulate the rights and responsibilities of presenting and paying banks in the Cheque Truncation System.

3. To provide for minimum individual and operational standards for Cheque Truncation.

Click to download the Central Bank of Nigeria’s Guidelines for Cheque Truncation Nigeria, 2012

The Central Bank of Nigeria’s Guidelines for Cheque Truncation Nigeria, 2012 has about 11 sections.

Click to download the Central Bank of Nigeria’s Guidelines for Cheque Truncation Nigeria, 2012

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