1. Loan disbursements and repayments

2. Salary payments

3. Intra-account transfers within the same bank or between different banks for the same customer

4. Intra-bank transfers between customers of the same bank

5. Other Financial Institutions instructions to their correspondent banks

6. Interbank placements,

7. Banks’ transfers to CBN and vice-versa

8. Inter-branch transfers within a bank

9. Cheque clearing and settlements

10. Letters of Credits

11. Banks’ recapitalisation-related funding – only bulk funds movement from collection accounts

12. Savings and deposits, including transactions involving long-term investments such as Treasury Bills, Bonds, and Commercial Papers.

13. Government Social Welfare Programmes transactions e.g. Pension payments

14. Non-profit and charitable transactions, including donations to registered non-profit organisations or charities

15. Educational institutions’ transactions, including tuition payments and other transactions involving schools, universities, or other educational institutions

16. Transactions involving bank’s internal accounts such as suspense accounts, clearing accounts, profit and loss accounts, inter-branch accounts, reserve accounts, nostro and vostro accounts, and escrow accounts.

atiku4President:
APC is on over drive to destroy Nigerians. May God save us from their hands

fergie001:


SOURCE

benuejosh:
Something has come for Peter Obi to spew nonsense again. Just wait for like three days and see him kick the whole thing into the bush.

Sabadon:
you are bereft of wisdom......

KashApp:
Na
Pls guys, if anyone can help me with 1k. Make pretence no kill me.

25984
.

Thanks and God bless 🙏

benuejosh:
Something has come for Peter Obi to spew nonsense again. Just wait for like three days and see him kick the whole thing into the bush.

benuejosh:
Something has come for Peter Obi to spew nonsense again. Just wait for like three days and see him kick the whole thing into the bush.