United Bank of Africa (UBA) has published the account details of some alleged forex defaulters.
The bank in strict compliance with CBN directive, published names and account numbers of some of its customers who allegedly violated the forex policy of the Central Bank of Nigeria (CBN).
The Apex bank earlier directed Deposit Money Banks (DMBs) to set up teller points to meet legitimate FX demands after the CBN stopped the sale of FX to Bureau De Change operators.
Following this, UBA requested customers to submit only genuine documents to obtain FX for personal and business travel, as well as payment for overseas education and other eligible transactions.
UBA stated that the decision to publish the customers’ details was in line with the directive by the CBN.
The publication read, “In compliance with the directive of Central Bank of Nigeria mandating banks to publish the names of defaulters of the forex exchange regulation, based on regulatory directives, the following customers cancelled their trip and failed to return the PTA availed to them despite several mails, text messages and follow up phone calls.”
UBA also included the name of a customer, who allegedly “presented fake visa to apply for PTA”.
The account numbers are listed in a publication on its website titled, ‘CBN FX defaulters’.