2014-09-26 | TED/FEM/FPC/GEN/01/016

Guidelines For Operations of International Money Transfer Services (IMTS) In Nigeria

The Central Bank of Nigeria (CBN) has issued guidelines for International Money Transfer Services Operators (MTSOs). These guidelines provide a framework for MTSOs to operate within Nigeria, focusing on issues such as licensing, customer protection, dispute resolution, remedial measures, and sanctions. The purpose of these guidelines is to ensure that the operations of MTSOs are transparent, efficient, and protect consumers' rights while contributing positively to the Nigerian economy.

Nigeria

Central Bank of Nigeria

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