CBN Publishes Exposure Draft on Guide to Charges for Banks & OFIs in Nigeria

Monday, March 14, 2016 08:25 AM / CBN  

The Central Bank of Nigeria is currently reviewing the extant Guide to Bank Charges, which came into effect on April 1, 2013. The review which is in line with the philosophy of periodically ensuring that the provisions of the Guide accord with current realities, also seek to address complaints from customers of financial services, requests for clarification on provision of the Guide and absence of a tariff regime for other financial institutions in Nigeria.

The draft “Guide to Charges for Banks and Other Financial Institutions in Nigeria” is hereby presented as an exposure draft for your information and comments; and may be accessed from the Supervisory Policies and Guidelines page on the CBN’s website, www.cbn.gov.ng

Kindly send hard copies of your comments by March 29, 2016 to the Director, Financial Policy and Regulation Department with soft copies mailed to gbcreview@cbn.gov.ng

Thank you.

Click Here to Download Full Report