CBN Warns Banks Against Pegging ATM Withdrawals Below N20,000
[Leadership - Nigeria] - 13/02/2025
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) when they have enough funds and are asking for a greater sum. The apex bank disclosed this in a ‘Question and (…)
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