Mar 16

BREAKING: CBN Introduces New Charges on ATM card and cheques

naira

The Central Bank of Nigeria (CBN) has proposed a N100 monthly charge on

every debit card (ATM card) in the country.

 
The new charge is separate from the existing N65 charge after the third

withdrawal within the same month.

A monthly maintenance fee of N100 was also proposed every month for a naira

dominated debit card when used, and a N50 charge for other months when Continue reading