In response to the growing customer needs to transact in foreign currency, most banks have responded by upgrading their payments infrastructure to allow processing of nostro payments. This was further necessitated by the RBZ announcement through SI 185 of 24 July 2020, which permitted dual pricing in domestic and foreign currency. To date banks have…
To access this content, please purchase a subscription by clicking the button below and select a package of your choice!
Subscriptions