Agent Banking Service definition
Agent Banking Service means the provision of banking service through an agent, under a valid agency agreement, as prescribed in the relevant National Bank Directive.
Examples of Agent Banking Service in a sentence
Open an either a current or savings account for the purpose of providing Agent Banking Service with a minimum working capital of N350,000 (three hundred and fifty thousand naira only), part of which would be made accessible to the agent for transaction Make a one off registration fee payment of N100, 000 (one hundred thousand naira only).