CBN warns banks against limiting ATM withdrawals below ₦20,000

The Central Bank of Nigeria (CBN) has threatened to penalise banks that compel customers to withdraw amounts lower than N20,000 per transaction from Automated Teller Machines (ATMs). The apex bank gave the warning in a “Question and Answer” explainer released on Thursday in reaction to its recent review of ATM withdrawal fees. Ripples Nigeria reports [...]The post CBN warns banks against limiting ATM withdrawals below ₦20,000 appeared first on Latest Nigeria News | Top Stories from Ripples Nigeria.

Read More