Regulatory Alerts2015-06-30 | BSD/DIR/GEN/LAB/08/032Added · Updated
Re: Public Sector Revenue Accounts With Deposit Money Banks
The letter, addressed to all banks, expresses dismay that most banks have not fully complied with the directive to transfer all revenue accounts collected on behalf of the Federal Government and its agencies to the CBN account within 24 hours. Banks are directed to ensure strict compliance to avoid severe financial and administrative sanctions, with June 30, 2015, as the final deadline.
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
enforcement
monetary
Share