CBN Issues Guidelines on the Management of Dormant Accounts & Other Unclaimed Funds by Banks & OFIs

Friday 09 October 2015, 12.52PM/CBN

Further to the Exposure Drat! On “Guidelines for The Management of Dormant Accounts" dated February 16, 2015, the CBN after reviewing and incorporating comments from various stakeholders, issues the following "Guidelines on the Management of Dormant Accounts and Other Unclaimed Funds by Banks and Other Financial Institutions in Nigeria".

Templates for the rendition of Quarterly Returns to Banking Supervision Department or Other Financial Institutions Supervision Department of the CBN, as appropriate, may be downloaded here:  www.cbn.gov.ng/QDAR.xlsx