2014-03-13 | BPS/PSPGEN/CIR/05/001

Circular on the need to install Anti Skimming Device on all ATMs

The Central Bank of Nigeria (CBN) has directed all Deposit Money Banks (DMBs) to install anti-skimming devices on their ATMs by June 1st, 2014. This comes in response to an increase in the number of ATM-related fraud incidents in Nigeria's banking industry. The CBN will enforce appropriate sanctions for non-compliance with this directive.

Nigeria

Central Bank of Nigeria

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