CBK CAUTIONS KENYANS AGAINST UNLICENSED MONEY OR VALUE TRANSFER SERVICE PROVIDERS
The Central Bank of Kenya (CBK) has cautioned Kenyans to be wary of entities and persons providing Money or Value Transfer Services (MVTS) without authorization from the monetary authority. In a statement to newsrooms on Monday, CBK said that it has noticed a sprouting wave of unlicensed entities providing MVTS, posing huge losses on customers and it is a criminal offence. "Such services do not enjoy the protection of the […]
