[FINERACT-871] NUBAN Account Format is Required

• Type: New Feature
• Status: Closed
• Priority: Major
• Resolution: Auto Closed
• Affects Version/s: 1.3.0
• Component/s: Accounting, Client
• Labels: Cleanup2022
• Assignee: Unassigned
• Reporter: Henry
• Created: 02/Apr/20 11:13
• Updated: 07/Nov/22 18:11
• Resolved: 07/Nov/22 18:11

Description

Hello mentors,

 

We are starting an implementation for one of our MfB in Nigeria. While Mifos is the preferred option we are stuck with a regulatory requirement account client account format.

Nigeria operates a Unified client account format: Nigeria Unified Bank Account Number (NUBAN) system which we have observed cannot be achieved in Mifos at the moment.

I have attached the guide on how to generate the NUBAN compliant account numbers for your review and assistance to proceed with our project.

We are available for further clarifications.

 

Best regards,

Henry.Exposure Circular for NUBAN.pdf