Guarantee environment friendly over-the-counter, ATM money disbursements, CBN directs banks
By Flowerbud News
The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs) to make sure environment friendly money disbursement to most of the people over-the-counter and thru Automated Teller Machines (ATMs).
The directive is contained in an announcement collectively signed by CBN’s Acting Director, Currency Operations, Muhammed Olayemi, and Acting Director, Branch Operations, Aisha Isa-Olatinwo.
The News Agency of Nigeria (NAN) experiences that the directive is coming within the midst of complaints of acute shortage of money by financial institution prospects throughout the nation.
The apex financial institution additionally urged members of the general public who’re unable to acquire money, both over-the-counter or by means of ATMs to report such cases utilizing designated reporting channels and codecs.
“This will help the CBN in addressing points hindering the availablity of money and additional enhance forex circulation.
“For DMB branches and ATM locations not dispensing cash, members of the public affected are to provide the relevant details,” it stated .
It stated that the required particulars ought to embrace account identify, identify of the DMB, quantity, time, and date of incident.
It urged aggrieved financial institution prospects to make use of devoted telephone numbers of the CBN branche within the state the place the incident occurred or by means of to designated e-mail addresses.
NAN
