A
abujagirl
Guest
The Central Bank of Nigeria, CBN, has denied accreditation to foreign printers who hitherto printed cheque books for some Nigerian banks.
The decision was announced via a circular released by the CBN.
See circular below:
''In furtherance of its mandate to ensure efficient payment and settlement system, the Central Bank of Nigeria, in collaboration with the MICR technical implementation committee, conducted the accreditation and reaccreditation exercise, in line with the NICPAS qualification criteria and found the (accredited) cheque printers as qualified to print cheques for the Nigerian market. All the accredited printers had been duly notified and certificates issued.Please note that foreign based printers were neither accredited nor re-accredited, in line with the bank’s policy on the domestication of cheque printing in Nigeria''.
The decision was announced via a circular released by the CBN.
See circular below:
''In furtherance of its mandate to ensure efficient payment and settlement system, the Central Bank of Nigeria, in collaboration with the MICR technical implementation committee, conducted the accreditation and reaccreditation exercise, in line with the NICPAS qualification criteria and found the (accredited) cheque printers as qualified to print cheques for the Nigerian market. All the accredited printers had been duly notified and certificates issued.Please note that foreign based printers were neither accredited nor re-accredited, in line with the bank’s policy on the domestication of cheque printing in Nigeria''.
