Payments System Guidelines

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Reference	Title	Size
PSM/DIR/GEN/CIR/01/016	Re:Implementation of the Cash-less Policy Published 10/16/2019	41030
PSM/DIR/CON/CWO/02/091	Regulation for the Operation of Indirect Participants in the Payments System Published 10/10/2019	380486
PSM/DIR/GEN/CIR/01/12	Regulation on Electronic Payments and Collections for Public and Private sector in Nigeria Published 9/10/2019	1149540
PSM/DIR/GEN/CIR/02/003	Request for Information on Proposed PSV 2030 Published 5/15/2019	756882
PSM/DIR/CIR/GEN/01/002	Exposure Draft for the Regulation on End to End Electronic Payment of Salaries, Pensions & Other Remmitances, Suppliers & Revenue Collections in Nigeria (Revised 2018) Published 1/28/2019	749898
PSM/DIR/GEN/EXP/01/001	Exposure Draft on the Regulation for the Operation of Indirect Participants in the Payments System Published 11/6/2018	450905
PSM/DIR/GEN/EXP/01/002	Exposure Draft for the Revised Standards on Nigeria Uniform Bank Account Number (NUBAN) Scheme for Banks and Other Financial Institutions in Nigeria Published 11/6/2018	234824
BPS/DIR/GEN/CIR/05/012	Circular on the Exposure Draft of New CBN Licensing Regime (Licence Tering) for Payment System Providers Published 10/15/2018	152989
BPS/DIR/GEN/CIR/05/002	Circular on the Revised Nigerian Cheque Standard (NCS) and Nigerian Cheque Printers Accreditation Scheme (NICPAS) Published 9/21/2018	33713
BPS/DIR/GEN/CIR/05/011	Regulation on Instant (Inter-Bank) Electronic Funds Transfer Services in Nigeria Published 9/14/2018	332440
PSM/DIR/GEN/CIR/01/003	Exposure Draft of Regulatory Requirements for Non-Bank Merchant Acquiring in Nigeria Published 9/7/2018	320399
BPS/DIR/GEN/CIR/05/007	Amendment To The Regulatory Framework For Bank Verification Number Operators and Watchlist For The Nigerian Banking Industry Published 7/10/2018	28382
BPS/DIR/GEN/CIR/05/009	Shared Agency Network Expansion Fund Initiative: Regulatory Data Rendition Requirements Published 7/5/2018	57815
BPS/DIR/GEN/CIR/05/008	Compliance with the Cybercrime (Prohibition, Prevention, etc.) Act 2015: Collection and Remittance of Levy for the National Cybersecurity Fund Published 7/2/2018	236782
BPS/DIR/GEN/CIR/05/005	Circular on Extension of the Regulatory Framework for the Use of Unstructured Supplement Service Data (USSD) in the Nigerian Financial Sector Published 6/1/2018	244536
BPSD/DIR/GEN/CIR/05/017	Exposure Draft of the Nigerian Payments System Risk and Information Security Management Framework Published 5/8/2018	1136697
BPS/DIR/GEN/CIR/04/016	The Circular on the Regulatory Framework for the Use of Unstructured Supplementary Service Data (USSD) in the Nigerian Financial System Published 4/25/2018	800108
BPS/DIR/CIR/01/006	Regulation For Bill Payments In Nigeria, 2018 Published 3/14/2018	424009
BPS/DIR/GEN/CIR/01/007	Regulation For Direct Debit Scheme In Nigeria, 2018 (Revised) Published 3/14/2018	571540
BPS/DIR/GEN/CIR/01/005	Sanctions on Erring Banks e-Payments Service Providers for Infractions of Payments System Rules and Regulations Published 1/5/2018	156575

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Facts : 3/1/1993
Nigerian Inter-Bank Settlement System:In March 1993, the Nigerian Inter-Bank Settlement System (NIBSS) was incorportaed to enhance the speed and effeciency of the national clearing system.
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