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Home»Business»CBN warns against use of two unregistered International Money Transfer Operators
Business

CBN warns against use of two unregistered International Money Transfer Operators

The Eagle OnlineBy The Eagle OnlineDecember 17, 2020No Comments
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The Central Bank of Nigeria has warned against patronising two unregistered International Money Transfer Operators: Azimo and Transfer Wise.

The warning was contained in a statement by the Acting Director of Corporate Communications of the CBN, Osita Nwanisobi, on Wednesday.

Nwanisobi said: “The attention of the Central Bank of Nigeria has been drawn to the activities of Messrs. Azimo and Messrs. Transfer Wise, both of which are purportedly
transacting business, albeit unauthorised, as International Money Transfer Operators.

The Bank wishes to notify the general public that neither Messrs. Azimo nor Messrs. Transfer Wise is licensed by the Central Bank of Nigeria to operate as an International
Money Transfer Operator.

The Public is therefore advised to beware of the activities of Messrs. Azimo and
Messrs. Transfer Wise and desist from patronizing the companies forthwith.

“Anyone who patronizes the unregistered companies, does so at his or her own risk.”

Azimo Central Bank of Nigeria International Money Transfer Transfer Wise
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