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Automated clearing system and the banking sector performance: the Nigerian experience

International Journal of Development and Management Review

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Title Automated clearing system and the banking sector performance: the Nigerian experience
 
Creator Onuorah, AC
 
Subject Nigeria Automated Clearing System, Delivery period, Magnetic Inks Character Recognition, Payment system, Nigeria Inter Bank Settlement System.
 
Description This study investigated the impact of automated clearing system on the Nigerian banking system. Secondary data were mostly sourced through The Central Bank of Nigeria publications and analyzed using t test statistics, which tested the significant difference between pre, and post automated clearing system. The result revealed that automated clearing system has a significant positive impact on the general payment system. The paper concludes that the post NACS era is more efficient and hence we recommend the application of the automated clearing system that may further reduce the delivery settlement period from current T3 to To

Key Words: Nigeria Automated Clearing System, Delivery period, Magnetic Inks Character Recognition, Payment system, Nigeria Inter Bank Settlement System.
 
Publisher Directorate of General Studies, FUT, Owerri
 
Contributor —
 
Date 2010-02-12
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier https://www.ajol.info/index.php/ijdmr/article/view/51044
 
Source International Journal of Development and Management Review; Vol 4, No 1 (2009); 220-232
 
Language eng
 
Relation https://www.ajol.info/index.php/ijdmr/article/view/51044/39729
 
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