Central Bank Instructs Banks to Develop Banking Applications

Port Sudan – Sudanhorizon

The Central Bank of Sudan obliged banks to develop, activate, and activate their banking applications (Apps) to provide electronic banking services to customers while working to stabilize and make their applications available around the clock to enable their customers to benefit from banking services.

The Central Bank directed, in a press statement issued on Saturday and viewed by the Sudanhorizon news website, banks to immediately link their applications to the available interconnection platforms to achieve integration of applications and the transfer service between the accounts of customers of different banks, provided that the basic bank account number (BBAN) is used in transferring between customers’ accounts in banks (via applications).

The Central Bank set a ceiling of one million pounds per day for a single customer for transferring to customers of other banks (via applications), while the ceiling specified for transferring via the application within the accounts of a single bank will remain at fifteen million pounds per day.

This comes within the framework of the directives of the Central Bank of Sudan to expand the provision of electronic banking services and enhance digital payments.