Regulatory Alerts2015-08-18 | BPS/DIR/CIR/08/2015Circular to Deposit Money Banks, Cheque Printers & Other Stakeholders on the Accreditation of Cheque Printers for 2015/16
The Central Bank of Nigeria, in collaboration with the MICR Technical Implementation Committee, has accredited the following cheque printers for the 2015/16 period: Superflux International Ltd, Tripple Gee and Company Plc, Nigeria Security Printing and Minting Plc, and Euphoria Group Papi Printing Company Ltd. The bank has notified and issued certificates to the accredited printers, and notes that foreign-based printers were not accredited in line with its policy on domestic cheque printing in Nigeria.
BANKING AND PAYMENTS SYSTEM DEPARTMENT Ref: BPS/DIR/CIR/08/2015 CENTRAL BANK OF NIGERIA Central Business District P.M.B. 0187, Garki, Abuja.
+234 - 0946238445 Tuesday, 18 August 2015 CIRCULAR TO DEPOSIT MONEY BANKS, CHEQUE PRINTERS AND OTHER STAKEHOLDERS ON THE ACCREDITATION OF CHEQUE PRINTERS FOR 2015/16 In furtherance of its mandate to ensure an efficient Payment and Settlement System, the Central Bank of Nigeria, in collaboration with the MICR Technical Implementation Committee, conducted the accreditation and re-accreditation exercise, in line with the NICPAS qualification criteria and found the following Cheque Printers as qualified to print cheques for the Nigerian Market.
(1) Superflux International Ltd (2) Tripple Gee and Company Plc (3) Nigeria Security Printing and Minting Plc (4) Euphoria Group Papi Printing Company Ltd.
(5) All the accredited printers had been duly notified and certificates issued. Please note that foreign based printers were neither accredited nor re-accredited, in line with the Bank's policy on the domestication of cheque printing in Nigeria.
Please be guided 'DIPO FATOKUN Director, Banking and Payments System Department,