EcoCash and OneMoney ordered to block suspicious agent lines

EcoCash and OneMoney

As expected, EcoCash and OneMoney have started to block suspicious agent lines. The message below shows that the directive has come from the Financial Intelligence Unit which, yesterday,instructed banks to freeze bank accounts of 123 mobile wallet agents.

Dear Partner. Please be advised that we received a directive from Financial Intelligence Unit to bar your line. We have barred your line in compliance. Regards.

As more agent lines are blocked, the black market exchange rate gets pressured to fall down as I have explained before.

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