FCCPC to enforce CBN’s 48-hour refund policy on failed transactions

FCCPC to enforce CBN’s 48-hour refund policy on failed transactions

The Federal Competition and Consumer Protection Commission (FCCPC) has welcomed the Central Bank of Nigeria’s (CBN) draft guidelines requiring all banks to refund customers for failed Automated Teller Machine (ATM) transactions within 48 hours. To make the policy effective, the

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