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Tag "domiciliary accounts"

‘Gold card ATM limit now $1,000’ — UBA reviews transactions on domiciliary accounts

    ‘Gold card ATM limit now $1,000’ — UBA reviews transactions on domiciliary accounts

United Bank for Africa (UBA) has adjusted its domiciliary MasterCard limits and fees.  In a notice sent to customers, the financial institution said the move is part of its commitment

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EXPLAINER: All you need to know about domiciliary accounts

    EXPLAINER: All you need to know about domiciliary accounts

On June 18, 2023, the Central  Bank of Nigeria (CBN) instructed commercial banks in the country to cancel the restriction on cash deposits into domiciliary accounts, allowing customers to “have

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CBN lifts restriction on $10k deposit for domiciliary account holders

    CBN lifts restriction on $10k deposit for domiciliary account holders

The Central Bank of Nigeria (CBN) says cash deposits into domiciliary accounts will not be restricted, and customers “shall have unfettered and unrestricted access to funds in their accounts”. The

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