The Central Bank of Nigeria (CBN) has increased ATM withdrawal limits to N20,000 per transaction after introducing the new ...

The Central Bank of Nigeria (CBN) has increased the ATM withdrawal fee to N100 and listed two ways to avoid it. It also ...

The Central Bank of Nigeria, CBN, has said that its decision to increase charges on cash withdrawals from ATM of other banks was needed to incentivise banks to ensure improved access to cash at the ...

The Central Bank of Nigeria has said the N100 fee subsists for banks' customers withdrawing less than N20,000 cash from other ...

The Central Bank of Nigeria (CBN) has justified its decision to increase charges on cash withdrawals from ATMs of other ...

The Central Bank of Nigeria, CBN, has threatened to sanction banks that limit Automated Teller Machines (ATM) withdrawal to ...

The CBN clarifies its new N100 fee on ATM withdrawals at other banks, emphasizing that it applies per N20,000 withdrawn to prevent customers from circumventing the charge.

This means customers will now pay for every withdrawal made from another bank’s ATM. The review affects the charges prescribed in Section 10.7 of the CBN Guide to Charges by Banks, Other ...

ATM transactions charges were last reviewed was in 2019, when the CBN reduced withdrawal fees from N65 to N35. According to this new policy, customers withdrawing from their bank ATMs (on-us ...

The Central Bank of Nigeria (CBN) has threatened to penalise banks that compel customers to withdraw amounts lower than ...

Bank customers in Nigeria have criticized the recent upward review of Automated Teller Machine (ATM) withdrawal charges by the Central ...

For withdrawals made at off-site ATMs, N100 per N20,000 withdrawal will apply, along with a surcharge of up to N500. The CBN stated that the policy is expected to “accelerate the deployment of ...