Nigeria Inter-Bank Settlement System
Nigeria Inter-Bank Settlement System
Primary Category: Banking & Finance Organisations
Media Gallery
1568, Mohammadu Buhari Way Abuja, Federal Capital Territory, Nigeria Area: Garki II
+234-807-636-9692
About Nigeria Inter-Bank Settlement System
NIBSS | Operates the Nigeria Automated Clearing System (NACS) for electronic clearing of cheques and other paper based instruments, electronic funds transfer, Automated Direct Credits and Automated Direct Debits. Offers inter-bank payments, settlement mechanisms and electronic payments.
Collaborates with all Nigerian Banks, Card schemes, Processors, Payment Terminal Service Providers (PTSPs), Mobile Money Operators (MMO), Telecommunication providers and other Payment Service providers to improve adoption of Electronic Payment in Nigeria.
Owned by all licensed banks including the Central Bank of Nigeria (CBN)
Similar Businesses
West African Institute for Financial and Economic Management
Satellite, Lagos
Nigeria Sovereign Investment Authority
Abuja, Federal Capital Territory
Federal Mortgage Bank of Nigeria
Abuja, Federal Capital Territory
Central Securities Clearing System
Abuja, Federal Capital Territory