What is the pricing and income benefit for the bank?

Modified on Wed, 14 Aug, 2024 at 1:03 PM

NIP transaction fee is subject to approved pricing and shall be charged weekly against the accounts of participating institutions or their settlement bank. The Customer has the opportunity to mark-up pricing for their customers according to CBN guide to bank charges.

Was this article helpful?

That’s Great!

Thank you for your feedback

Sorry! We couldn't be helpful

Thank you for your feedback

Let us know how can we improve this article!

Select at least one of the reasons
CAPTCHA verification is required.

Feedback sent

We appreciate your effort and will try to fix the article