NBE lifts transfer restrictions

Spread the News

The National Bank of Ethiopia (NBE) on Tuesday announced that it has removed the limits on bank transfers. The financial sector regulators restricted in January 2021, limiting account-to-account transfers to only five a week.

The next month, they placed the same restriction on transfers via mobile and internet banking using Automatic Teller Machines (ATMs) or Point of Sales (POS) machines, and mobile money.

 

Similar Posts

Leave a Reply

Your email address will not be published.