Wednesday, Feb 01, 23

The Central Bank of Nigeria has reduced withdrawal limit at ATMs to ₦‎20,000 per day to further cashless policy

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The Central Bank of Nigeria has reduced withdrawal limit at ATMs to ₦‎20,000 per day to further cashless policy

The news The Central Bank of Nigeria has sent a letter to all deposit money banks (DMBS), payment service banks (PSBs), and other financial institutions to limit cash withdrawals to further its cashless policy. According to the letter dated Tuesday, November 6, 2022, withdrawals above the limits set by the CBN will attract a 5% Read More Techpoint Africa

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