CBN Instructs Banks To Open Dedicated Teller Points For PTA, School fees etc.

The Central Bank of Nigeria has issued a new circular to banks instructing them to open teller points in all locations to improve the access of Forex. Investigations last week show that most banks still do not have forex available to sell to Nigerians in their locations.

The CBN also asked banks to have electronic displays and also ensure transactions are treated within 24 hours of applications. See press release below;