Friday, 20 September 2019

Understanding The CBN’s Cashless Policy



NOTES TO TAKE IN ORDER TO FULLY COMPREHEND THE NEWLY INTRODUCED CBN’s CASHLESS POLICY A:- The policy is aimed at reducing (not ELIMINATING) physical cash in circulation. This will encourage more electronic-based transactions. B:- The charges are on the EXCESS of the amount. Not the principal (for lack of better words). -The charges are 3% on withdrawals and 2% […]

The post Understanding The CBN’s Cashless Policy appeared first on Miss Petite Nigeria Blog.

Related Posts:

0 comments:

Post a Comment