Starting March 1, using your ATM card to withdraw money from another bank ATM will incur a ₦100 charge (in addition to electronics, SMS, and 50 charges).
If you withdraw money with your ATM card using a POS machine, CBN will charge you ₦400, plus an additional ₦100 for collecting money over ₦10,000. The POS agent will also charge their own charges.
Withdrawing ₦20,000 will incur a fee of approximately ₦800-₦1000. Do not bother or fight the POS agent once this is done.
This is a new policy.
If you withdraw money with your ATM card using a POS machine, CBN will charge you ₦400, plus an additional ₦100 for collecting money over ₦10,000. The POS agent will also charge their own charges.
Withdrawing ₦20,000 will incur a fee of approximately ₦800-₦1000. Do not bother or fight the POS agent once this is done.
This is a new policy.
Starting March 1, using your ATM card to withdraw money from another bank ATM will incur a ₦100 charge (in addition to electronics, SMS, and 50 charges).
If you withdraw money with your ATM card using a POS machine, CBN will charge you ₦400, plus an additional ₦100 for collecting money over ₦10,000. The POS agent will also charge their own charges.
Withdrawing ₦20,000 will incur a fee of approximately ₦800-₦1000. Do not bother or fight the POS agent once this is done.
This is a new policy.
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