Guaranty Trust Bank Ltd has announced a change to the application of stamp duty charges on electronic bank transfers, in line ...

The Federal Government has announced changes to the collection of stamp duties on electronic bank transfers, with the N50 stamp duty now to ...

Nigerians will begin paying a ₦50 stamp duty on electronic bank transfers of ₦10,000 and above from January 1, 2026, as financial institutions implement provisions of the newly enacted Tax Act.The ...

Starting January 1, 2026, Nigerian banks will charge a N50 stamp duty on electronic transfers of N10,000 and above, excluding ...

The RBI has issued comprehensive directions governing digital banking channels for UCBs. The rules clarify eligibility, approval requirements, and customer protection norms, effective from January 1, ...

The Directions held that rural co-operative banks must follow a structured approval and compliance framework before offering digital banking, especially for transactional ...

Electronic banking is the wave of the future. It provides enormous benefits to consumers in terms of the ease and cost of transactions. But it also poses new challenges for country authorities in ...

Discover how the Electronic Fund Transfer Act safeguards consumers during electronic fund transfers, limiting liability and ensuring error correction through ATMs, debit cards, and more.

The measure also covers the issuance, renewal and replacement of Mada debit cards, including cases where cards are retained ...

The Saudi Central Bank has introduced an electronic cheque clearing service, allowing cheques to be cleared within one ...