cbn atm withdrawal policy

  1. CBN Mandates ₦20,000 ATM Withdrawal Limit, Threatens Sanctions

    Nigeria CBN Mandates ₦20,000 ATM Withdrawal Limit, Threatens Sanctions

    The Central Bank of Nigeria (CBN) has warned banks against limiting ATM withdrawals below ₦20,000 per transaction, threatening sanctions for non-compliance. The new policy also introduces a ₦100 fee for withdrawals from other banks’ ATMs. Customers are encouraged to report violations and explore...
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