Letter to Banks, OFIs and PSPs: Acceptance of Machine Readable Convention Travel Document (MRCTD) and Refugee Identification Card as Means of Identification

Tel: 09-46237401 E-mail:fprd@cbn.gov.ng 08 February 2021 FPR/AML/CON/BOF/006/002 CENTRAL BANK OF NIGERIA Financial Policy and Regulation Department Central Business District P.M.B. 0187 Garki, Abuja.

LETTER TO BANKS, OTHER FINANCIAL INSTITUTIONS AND PAYMENT SERVICE PROVIDERS ACCEPTANCE OF MACHINE READABLE CONVENTION TRAVEL DOCUMENT (MRCTD) AND REFUGEE IDENTIFICATION CARD AS MEANS OF IDENTIFICATION The attention of the Central Bank of Nigeria has been drawn to challenges encountered by Refugees and Asylum seekers in Nigeria with regards to means of identification with respect to the conduct of financial transactions.

To address these concerns, all banks and other financial institutions are referred to the provisions of the CBN AML/CFT Regulations, 2013 (as amended) on customer due diligence, especially, Regulations 40 and Regulations 80, and to note that the Machine Readable Convention Travel Document (MRCTD) issued by the Nigeria Immigration Services; and the Refugee Identity Card issued by the National Commission for Refugees, Migrants and Internally Displaced Persons are adequate as means of identification for banking transactions.

Banks and other financial institutions are also required to continue to ensure that effective customer due dilligence policies and procedures are implemented to combat money laundering, financing of terrorist and proliferation of weapons of mass destruction.

DR. KEVIN N. AMUGO
DIRECTOR, FINANCIAL POLICY AND REGULATION DEPARTMENT