November 14, 2018/CBN
Kindly refer to the CBN circular of September 18th, 2018, where the Bank communicated the approval of the second edition of the Nigerian Cheque Standard (NCS) and Nigerian Cheque Printers Accreditation Scheme (NICPAS), and the subsequent implementation guidelines.
In furtherance of the Bank’s effort to increase efficiency and safety in the Clearing system, the Bank hereby notifies all stakeholders that the Nigerian Cheque Standard (NCS) and Nigerian Cheque Printers Accreditation Scheme (NICPAS), aka Green Book Version 2.0, will be implemented using the unique State Codes stipulated as the components of the Sort code on cheque instruments.
In view of this, all Deposit Money Banks (DMBs) should note that Sort Code of their branches in different States must carry the same state Code as their geographic locations (State). DMBs are hereby directed to conform to the State Code provided in this circular and ensure compliance. Consequently, Banks with Branches within a State but continue to use State Code for a different State shall be sanctioned.
In addition, all DMBs are mandatorily required to activate the MICR reject/repair flag on their Clearing system, for accurate cheque rejects/repair statistics report and good decision making for the industry.
Kindly note that, the Central Bank of Nigeria, in collaboration with the MICR Technical Implementation Committee will monitor compliance with the requirements of this circular.
Alignment of State Code To Geographic Location (State)
STATE CODE
ABIA 23
ABUJA (FCT) 08
ADAMAWA 09
AKWAIBOM 01
ANAMBRA 02
BAUCHI 03
BAYELSEA 32
BENUE 05
BORNU 06
CROSSRIVER 07
DELTA 24
EBONYI 33
EDO 04
EKITI 34
ENUGU 25
GOMBE 35
1MO 10
JIGAWA 26
KADUNA 11
KANO 12
KATSINA 13
KEBBI 27
KOGI 28
KWARA 14
LAGOS 15
NASARAWA 36
NIGER 16
OGUN 17
ONDO 18
OSUN 29
OYO 19
PLATEAU 20
RIVERS 21
SOKOTO 22
TARABA 30
YOBE 31
ZAMFARA 37
