e payment transactions where applicable on a Bank approved - TopicsExpress

e payment transactions where applicable on a Bank approved electronic platform which transmits the instruction to debit a payer’s account and credit a beneficiary’s bank account, mobile account, electronic wallet or any other electronic channels; and shall include the ability of a payer to independently monitor and obtain electronic feedback on the status of any payment, at any time without depending on any third party, manual or semi-manual means. This means payment instructions and associated schedules are no longer to be transmitted to deposit money banks (DMBs) by all public and private sector organisations through unsecured channels, such as paper- based mandates, flash drives, compact discs (CD), email attachments , etc. While nationwide commencement date of end-to-end e-payment of salaries, pensions, suppliers and taxes is January 9, 2014, compliance monitoring and enforcement will be in stages. This is to give enough time to all stakeholders to make necessary adjustments as may be required. Compliance monitoring and enforcement by CBN shall be according to the schedule below. According to the apex bank all salaries, pensions, suppliers and taxes should be through end-to-end electronic payment. The guidelines stated that banks are expected to: promote the adoption of end-to-end electronic payments by all stakeholders covered by the guidelines; provide paying organisations and beneficiaries with e-payment enabled bank accounts or any other approved electronic channel that promotes financial inclusion; process electronic payment instructions in accordance with subsisting payments system and clearing house rules; publish customer service contact details and maintain customer service desks in all branches, to promptly attend to all electronic payment enquiries and challenges within stipulated timelines; and maintain and make available to the Bank, on a periodic basis, report of all electronic payment transactions processed and report of customer complaints, indicating resolution status. [Credit Vanguard]

Attention J Town Disc Golf Members!!! Its that time......The

Especismo Cero Cuando vas a un circo especista, solo ves un 1% de

Come dice il prof. Koide il disastro di Fukushima non è una cosa

Történt egy kis változás, előrelépés... A domain nevet

NEW SOUTH AFRICAN JOBS & VACANCIES A or B or C: Your preference

“Thanks to the quick actions of KCPD, who are regularly at the

A Relationship with GOD....stops the nonsense cuts out

Latest Intelligence Report గత వారం

Sale Screamer Milano - Flint Big Sale

I am a Young Boy Available for woman, couple & Parties. You can

tai sao cho den gio bao chi trong nuoc ko len tieng ma bo qua vu

Tonight we welcome in 2015 as if it were a super hero. Usually I

It looks like Mum only has days. She is bleeding in her bowel from

Education, health our top most priorities, CM Handout No.1

On Sunday, 20 refugee youth from Refugee Services-School Impact

happy birthday to my daddy , old asss turnin 32 years old . the

Hello to all of you who are on my list of contacts of Facebook. I

Last nights wedding was the perfect mixture of elegance and quirky

Critical Prefaces Of The French Renaissance Available on

ANG(ISLAM NA RELIHIYON) MUSLIM AT ANG TERRORISTA!!!di na ligid sa

Modern Day #Propaganda in the #War on the #Poor Across

When I was a kid, my Mom cooked food for us. One night in

Ceiling Lights Eglo 90654A 1 Light Flush Mount Ceiling Fixture

In bed, I was asking myself; what are some of the secrets to

My soul follows close behind You; Your right hand upholds me.