2012-06-15 | BPS/DIR/GEN/CIR/01/007

Printing of Security Instruments

The Central Bank of Nigeria (CBN) has announced that all security instruments, including cheques and dividend/interest warrants, produced for the Nigerian market must meet the specified standard set by the Nigeria Cheque Standard (NCS) and Nigeria Cheque Printers Accreditation Scheme (NICPAS) Document. The MICR Technical Implementation Committee has expressed concern over non-compliance of many dividend/interest warrants with this standard. Therefore, all accredited cheque printers will be held accountable for any instruments they produce that fail to meet the required standard and must ensure strict compliance moving forward.

Nigeria

Central Bank of Nigeria

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