CABS joins NMB in refusing individual USD telegraphic transfers as cash crisis bites

By Aurther Shoko

An email late Friday, but dated 23 June, sent out to customers from Managing Director Simon Hammond, CABS has announced termination of processing of telegraphic transfers (TT), both incoming and outgoing, for individuals in USD, GBP and EUR effective 01 July 2016. This follows a similar move by NMB Bank Limited nearly two months ago when the […]

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CABS joins NMB in refusing individual USD telegraphic transfers as cash crisis bites

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