Archives Tag: Cash Withdrawl
CBN Reintroduces N65 Charges on Cash Withdrawals on ‘Other Banks’ ATMs
April 19, 2022
Nigeria’s apex bank, Central Bank of Nigeria, CBN, yesterday directed commercial banks in the country to re-introduce a charge of N65 per transaction on remote-on-us Automated Teller Machines (ATMs) cash withdrawals. The policy takes effect from September 1, 2014. Remote-on-us are transactions done by a card holder on another bank’s ATM. The central bank stated … Continue reading CBN Reintroduces N65 Charges on Cash Withdrawals on ‘Other Banks’ ATMs
