National Bank of Rwanda - Guidelines on Agent Banking

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The National Bank of Rwanda's Guidelines on Agent Banking sets forth the conditions on conducting agent banking activities, standards to which agents are subject, and the controls exercised by the Bank over agents and the institutions they represent. The guidelines stipulate provisions on the following topics:

1. Permissible Activities of an Agent
2. Application for Network Approval of An Agent
3. Application for Approval of Specific Agents
4. Suitability Assessment of an Agent
5. Entities Eligible for Appointment as Agents
6. Mandatory Provisions to be Included in the Contract between an Institution and an Agent
6. Key Roles and Responsibilities of the Institution
7. Non-Exclusivity
8. Settlement of Transactions and the Technology
9. Power of the Central Bank and Reporting
10. Remedial Measures and Administrative Sanctions

Document Details

Document Type: 
Document Topic: 
Doument Author (Entity): 
Authoring Country: 
Originating Country or Trade Block: 
Issue Status: 
Year of Document: 
2011
Date of Document: 
Thursday, September 22, 2011
Document Authors: 
National Bank of Rwanda
Language (This Document): 
English

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