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Nairaland Forum / Nairaland / General / Business / CBN To Introduce Lower Denominations On Atms (21577 Views)
Banks Reduce Withdrawal Limits On Atms - Vanguard / How Many Will Be Able To Withdraw Money If Atms Did This (photo) / CBN Reintroduces N65 Charges On Cash Withdrawals On ‘other Banks’ Atms (2) (3) (4)
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Re: CBN To Introduce Lower Denominations On Atms by Nobody: 8:19am On Dec 03, 2014 |
So if i'm withdrawing 100, the charge will be still be 65 Na to carry ghana must go bag to atm be that if I want to withraw 100,000! |
Re: CBN To Introduce Lower Denominations On Atms by dupsil(f): 8:20am On Dec 03, 2014 |
Well well well.I think its a great development. Nyc |
Re: CBN To Introduce Lower Denominations On Atms by Adagba1: 8:20am On Dec 03, 2014 |
CBN should stop deducting our 65 naira first before we belief them 1 Like |
Re: CBN To Introduce Lower Denominations On Atms by dawealthiestman(m): 8:20am On Dec 03, 2014 |
I would want to believe that moral suasion would be the medium of persuading the banks to comply. The apex bank would have to do more in their capacity to ensure compliance by virtue of certain incentives. Else, it is just pouring water in a basket. Or these banks will transfer the cost of processing lower denominations to unassuming customers. Trust these banks nah... 1 Like |
Re: CBN To Introduce Lower Denominations On Atms by AJ01(m): 8:21am On Dec 03, 2014 |
Mitchewwww |
Re: CBN To Introduce Lower Denominations On Atms by sunnedee: 8:22am On Dec 03, 2014 |
shaggy007:You got a point there. |
Re: CBN To Introduce Lower Denominations On Atms by henpaul2000(m): 8:22am On Dec 03, 2014 |
Good idea for those who need change for spraying in wedding ceremony and others |
Re: CBN To Introduce Lower Denominations On Atms by Wisdytech(m): 8:22am On Dec 03, 2014 |
Great news indeed http:///1HY29SJ |
Re: CBN To Introduce Lower Denominations On Atms by AJ01(m): 8:23am On Dec 03, 2014 |
aanumama:is not funny.. So this is the best they can do..mitchew |
Re: CBN To Introduce Lower Denominations On Atms by smallJagaban: 8:23am On Dec 03, 2014 |
IS THIS HOW THE EBO WILL GOVERN THEIR ECONOMY WHEN THEY ACTUALISE THEIR BIAFRA (IF POSSIBLE )? |
Re: CBN To Introduce Lower Denominations On Atms by shaggy007(m): 8:24am On Dec 03, 2014 |
satowind: Only you book two spaces. You be Nairaland presido? |
Re: CBN To Introduce Lower Denominations On Atms by fammy101(m): 8:24am On Dec 03, 2014 |
COmfirmento................ |
Re: CBN To Introduce Lower Denominations On Atms by Nobody: 8:24am On Dec 03, 2014 |
I'd appreciate that. 1 Like |
Re: CBN To Introduce Lower Denominations On Atms by charlydamianpat(m): 8:25am On Dec 03, 2014 |
Story for the gods coz dis is medicine after death and does not value the naira against dollar WTF. |
Re: CBN To Introduce Lower Denominations On Atms by Nobody: 8:26am On Dec 03, 2014 |
Adagba1: Actually, atm fees are common in most countries: Canada, U.S.A, U.K, Switzerland, e.t.c. |
Re: CBN To Introduce Lower Denominations On Atms by onatisi(m): 8:26am On Dec 03, 2014 |
QMark:the move is a very good one . What will happen is atm machines will have notes in different denominations from 200 to 1000 notes , and users will be able to choose which notes they want. So if you want 500 then you will just press the button and ur money will come out in the denominations you want. Honestly I think cbn is trying to make banking easier for people but from comments here I don't think nigerians deserve it.maybe they should just be left alone they way they are . 1 Like |
Re: CBN To Introduce Lower Denominations On Atms by Kingspin(m): 8:27am On Dec 03, 2014 |
ledafaze2:Even bats can now see during the day. |
Re: CBN To Introduce Lower Denominations On Atms by Emelcee: 8:27am On Dec 03, 2014 |
In APC, we have seen that PDP is working...that's why we need GEJ till this Northeners that ruled for 36years without nothing to show for it get sense. |
Re: CBN To Introduce Lower Denominations On Atms by Nobody: 8:30am On Dec 03, 2014 |
It's a step in the right direction. In fact, N50 should also be added to the withdraw-able notes. |
Re: CBN To Introduce Lower Denominations On Atms by Johnnny(m): 8:31am On Dec 03, 2014 |
This is a very Bad idea to me. Imagine waiting for one customer to withdraw 100k with N200 or N100 notes So many times, which is presently done with 20k 5 times. 1 Like |
Re: CBN To Introduce Lower Denominations On Atms by khattab02: 8:33am On Dec 03, 2014 |
Bravo!!! CBN. will no longer have to buy something of #200 or #300 just to have change from 1k. Can't we have a system where you can choose to withdraw lower or higher denomination?? Cbn please keep strategising the best possible solution! |
Re: CBN To Introduce Lower Denominations On Atms by fr3do(m): 8:38am On Dec 03, 2014 |
busterr: That withdrawal charge is 3 steps away from cashlessness. |
Re: CBN To Introduce Lower Denominations On Atms by femi4: 8:40am On Dec 03, 2014 |
shaggy007:Next time, go inside the bank and deposit N600. Then, come outside and use the ATM to withdraw 1k |
Re: CBN To Introduce Lower Denominations On Atms by An2elect2(f): 8:41am On Dec 03, 2014 |
Adagba1: I have been withdrawing lately and there has been no #65 deduction from my account BTW, i bank with UBA. |
Re: CBN To Introduce Lower Denominations On Atms by An2elect2(f): 8:43am On Dec 03, 2014 |
smallJagaban: |
Re: CBN To Introduce Lower Denominations On Atms by An2elect2(f): 8:43am On Dec 03, 2014 |
smallJagaban: Are you high? What has tribe got to do with this? 2 Likes |
Re: CBN To Introduce Lower Denominations On Atms by shaggy007(m): 8:44am On Dec 03, 2014 |
femi4: You mean o. |
Re: CBN To Introduce Lower Denominations On Atms by femi4: 8:44am On Dec 03, 2014 |
An2elect2:You have to use other banks ATM to experience it and the deduction start from your forth withdraw within a month |
Re: CBN To Introduce Lower Denominations On Atms by Vivly(f): 8:44am On Dec 03, 2014 |
Very good idea 2 Likes |
Re: CBN To Introduce Lower Denominations On Atms by Nelsman(m): 8:48am On Dec 03, 2014 |
A good move in the right direction. Nigerians no dey get patience @ all, itz in we blood to want it go faster, even Naija go prefer make ATM dey vomit 5k note. Oda nations dat got there took it bit by bit. If we travel outside, we go by the status quo there which has a clear definition, but when we come back to Naija, we want to get stuck in our status quo that is so stagnant, it keeps moving in a vicious circle. Lets give this a chance and see if our economy go better. Even sef, make ATM dey vomit coins if it go fit do am. |
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