Regulatory Alerts2024-02-26 | FMD/DIR/CON/OGC/035/141Added · Updated
Mandatory Reporting of Foreign Exchange Transactions
The Central Bank of Nigeria has implemented a Forex Blotter reporting system for monitoring foreign exchange transactions. All authorized dealers must input their transactions in real time through API calls into the CBN FX Blotter reporting system by 7 pm on the transaction date. Non-compliance will result in penalties, including potential suspension from the Foreign Exchange Market.
More like this from CBN
CBN published 1 document in the last 30 days. We email you each new one the day it's published.
Topics
Share