The Association of Bureaux De Change Operators of Nigeria, ABCON, Tuesday in Lagos launched the automation of its operational processes.
The move, it said was expected to ensure more secure and efficient service delivery by Bureaux De Change (BDC) operators.
Speaking during the event which attracted the participation of more than a thousand stakeholders, the ABCON President, Alhaji Alhaji Aminu Gwadabe, said that the automation of the BDC operations in the country became imperative as a way of keeping in tune with the digital age.
According to him, the automation process began in 2016 with three defined objectives which are: to ensure the internal restructuring of ABCON and BDC operations in the country, to change people’s perception of BDC operators in the country, and lastly, to ultimately deliver good services to Nigerians.
He disclosed that ABCON worked in collaboration with such organisations as the Central Bank of Nigeria (CBN), the Nigerian Immigration Service, and the Nigeria Inter-Bank Settlement System (NIBSS) to ensure that the automation process eventually became a reality.
The collaboration with the Immigration Office was such that the BDC portal is fully integrated with the Immigration platform for the purpose of verifying international passports.
Similar collaboration with the Nigeria Inter-Bank Settlement System will ensure easy verification of BVN numbers.
In addition, the ABCON boss said the Association was also working in collaboration with the National Identity Management Commission for easy verification of customers using the National Identity Numbers.
In the meantime, however, ABCON is already working in collaboration with the Financial Intelligence Unit and the Economic and Financial Crimes Commission (EFCC), in the fight against corruption and money laundering.
According to him, ABCON has contributed a lot to the Foreign Exchange policy of the Central Bank of Nigeria.
He stated that ABCON has helped the Government by creating more than thirty thousand Jobs in the country.


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