2012-03-21 | 949877651

Banking Circular No 1 of 2012 - Implementation of New Banking System

The Central Bank of Kenya is implementing a new IT banking system, which will go live on April 2, 2012. Banks are required to adopt a new format for SWIFT messages for deposits, withdrawals, cancellations, and amendments, with an effective date of March 23, 2012. Additionally, cash deposits and withdrawals will not be processed on March 30, 2012, and normal services will resume on April 2, 2012.

Kenya

Central Bank of Kenya

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