CBN Confirms N100 Fee for ATM Withdrawals Below N20,000 from Other Banks, in A Policy Expected to Shift Banking Habits

The Central Bank of Nigeria (CBN) has confirmed that Nigerians withdrawing less than N20,000 from an Automated Teller Machine (ATM) belonging to a different bank will still be charged an N100 fee per transaction. This policy, which is set to take effect from March 1, 2025, is expected to alter the way Nigerians access cash, [...]The post CBN Confirms N100 Fee for ATM Withdrawals Below N20,000 from Other Banks, in A Policy Expected to Shift Banking Habits appeared first on Tekedia.

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