The Central Bank of Nigeria, CBN, has threatened to sanction banks that limit Automated Teller Machines (ATM) withdrawal to less than N20,000 per transaction. The apex bank disclosed this in ...

This comes as the apex bank slammed Nigerian banks against limiting ATM withdrawals below N20,000 per transaction. This is according to a Frequently Asked Questions document released by CBN on its ...

ATM cash withdrawal: If you use ATMs, then this news is important for you. The Reserve Bank of India (RBI) is considering increasing the maximum fee and the ATM interchange fee that banks charge ...

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 ...

Nigerians will pay higher charges on cash withdrawals as the Central Bank of Nigeria (CBN) has introduced new ATM charges for both “on-site” and “off-site” withdrawals. On-site ATM ...

The new CBN directive mandates that ATM withdrawals made at machines outside bank branches will now attract a charge of N100 per N20,000 withdrawn. Also, transactions at shopping centres ...

Recall that CBN on Tuesday, made the announcement to be imposing N100 per every N20,000 charges on cash withdrawal by customers from Automated Teller Machines of banks. Speaking during an ...

Savings accounts rarely include debit cards you can use for purchases, but several savings accounts include ATM cards you can use to withdraw cash. Here are the best savings accounts with debit ...