2009-06-11 | BOD/RTP/GEN/RVP/01/001B

Operational Rules and Regulations for the Nigeria Central Switch

The Operational Rules and Regulations outline the guidelines for the Nigeria Central Switch (NCS), a system that facilitates the exchange of value between financial institutions, merchants, and customers. All partner institutions must comply with the rules, which cover technical requirements, transaction standards, fees, settlement procedures, and confidentiality. The NCS aims to provide a secure and efficient platform for interconnectivity and interoperability among electronic funds transfer initiatives in Nigeria.

Nigeria

Central Bank of Nigeria

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