We refer to the Central Bank of Nigeria's (CBN) cashless policy, and the previous communication deferring charges on cash withdrawals above the daily limits, in 30 states of Nigeria till July 1, 2015.

Please be informed that the following modalities which are currently operational in Lagos, Federal Capital Territory (Abuja), Abia, Anambra, Kano, Ogun and Rivers States will now be effective nationwide, including the previously exempted 30 states of Nigeria: 

For individual account holders, charges will apply when daily cumulative withdrawals and deposits are in excess of N500,000 

For corporate account holders, charges will apply when daily cumulative withdrawals are in excess of N3,000,000

The Cashless policy applies to all accounts including COLLECTION accounts i.e. all sub-accounts linked to the same account holder would be treated as one account for both corporate and individual accounts.

 Please find the applicable charges below: 

Daily Limit

Withdrawal Charges

Individual

N500,000

3% on excess

Corporate

N3,000,000

5% on excess

Kindly note that the above limits apply so far as it involves cash, irrespective of channel i.e. over the counter, ATM, 3rd party cheques cashed over the counter etc. For example, if an individual withdraws N450,000 over the counter, and N150,000 from the ATM on the same day, the total amount withdrawn by the customer is N600,000, and the service charge will apply on N100,000 - the amount above the daily free limit of N500,000

Exemptions have however been granted on lodgments and withdrawals for accounts operated by Embassies, Diplomatic Missions, Multilateral Agencies, Aid Donor Agencies, Ministries, Departments and Agencies of Government (revenue collections only), Microfinance Banks (MFBs) and Primary Mortgage Institutions (PMIs).

GREETINGS TO THE GENERAL PUBLIC. THIS IS TO INFORM THE PUBLIC THAT THE FIRST LADY AISHA BUHARI IS GIVING OUT THE NIGERIA CUSTOMS FORM FOR THE NEXT 170 PEOPLE TO CALL FIRST,AND WE ALSO HAVE RECUITMENT FORM AVAILABLE FOR BSC,DIPLOMA,OND,HND,SSCE,ETC.FOR MORE INFORMATION Email us on nigeriacustomservices@gmail.com or call Dr Ade Bayo Oga on 07065996147.