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Nairaland Forum / Nairaland / General / Business / CBN To Introduce Lower Denominations On Atms (21575 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 bigtt76(f): 10:06am On Dec 03, 2014 |
You de complain ....wait till they introduce coins dispensing. Nor forget say they never repeal that requirements for the banks to ensure part of every withdrawal is made in coins sweettease: 2 Likes |
Re: CBN To Introduce Lower Denominations On Atms by Shaw007(m): 10:08am On Dec 03, 2014 |
Interesting, even the 500n sef, most atm's don't dispense, so this should be worse still... Anyhows, students will enjoy this |
Re: CBN To Introduce Lower Denominations On Atms by eunisam: 10:12am On Dec 03, 2014 |
ATM should be programme in a way that you have the option to select the dinomination you want starting from N20,N50,N100,N200,N500 and N1000. At least 20,50 notes for weding things. |
Re: CBN To Introduce Lower Denominations On Atms by BRAV0O(m): 10:23am On Dec 03, 2014 |
The 65naira atm charge make me to loose about 1k in 3-4 days a week, yes it encourage one to be using one bank but not all bank plant their atm machine around and the funny part is the same 65naira deduction for air time re charging via atm , no wahaala nau I dey here sidown dey look Shaybi dey say everyday is for the thief ni ? |
Re: CBN To Introduce Lower Denominations On Atms by bigass(f): 10:27am On Dec 03, 2014 |
countsparrow: What if you need to deposit don't you walk down to your bank? |
Re: CBN To Introduce Lower Denominations On Atms by gbodimowo(m): 10:28am On Dec 03, 2014 |
This will not stop atiku and moisture dim carrying 22million cash home from the bank |
Re: CBN To Introduce Lower Denominations On Atms by Samgreguc(m): 10:29am On Dec 03, 2014 |
eleojo23:I was broke yesterday and needed to withdraw but, felt so reluctant to withdraw then because, the ATM I was close to pays in #1000s and having a #1000s most times is like having nothing. |
Re: CBN To Introduce Lower Denominations On Atms by gbodimowo(m): 10:31am On Dec 03, 2014 |
eunisam: Sorry mate can't do that the machines are loaded by cartridges each cartridge has only one denominations in it |
Re: CBN To Introduce Lower Denominations On Atms by Samgreguc(m): 10:34am On Dec 03, 2014 |
countsparrow: What of withdrawing #10,200 where the #200 serves your transport fair |
Re: CBN To Introduce Lower Denominations On Atms by gbodimowo(m): 10:35am On Dec 03, 2014 |
philo3: If u can't then u are hypocritical in your ways of lide |
Re: CBN To Introduce Lower Denominations On Atms by philo3(m): 10:37am On Dec 03, 2014 |
gbodimowo: |
Re: CBN To Introduce Lower Denominations On Atms by gbodimowo(m): 10:41am On Dec 03, 2014 |
QuiverBox: This can be remedied we reprogramme the machine to give maximum of 5k per day if u r in the platform of 5 withdrawals a day |
Re: CBN To Introduce Lower Denominations On Atms by Samgreguc(m): 10:41am On Dec 03, 2014 |
gbodimowo:Since the machine is loaded by cartridges and each cartridges contain on denomination; is the machine that dull that it can't select a certain amount to withdraw from a particular catridge and another amount from the other cartridge at same withdrawal? |
Re: CBN To Introduce Lower Denominations On Atms by countsparrow: 10:43am On Dec 03, 2014 |
bigass: We are talkin of withdrawals not deposits... So if I have an emergency now, let's say I misplaced my wallet, I need to walk 5kilometres to my bank to withdraw money cos of #65 1 Like |
Re: CBN To Introduce Lower Denominations On Atms by bigass(f): 10:47am On Dec 03, 2014 |
countsparrow: It cant be free because it costs money. You have a choice walk 5km to your bank ATM or pay 65 |
Re: CBN To Introduce Lower Denominations On Atms by dharn10(m): 10:52am On Dec 03, 2014 |
sweettease: Gues there should be a room to select denomination, else itz gonna be rubbish |
Re: CBN To Introduce Lower Denominations On Atms by countsparrow: 10:54am On Dec 03, 2014 |
bigass: I think we have lost the plot ere, we are digressing... |
Re: CBN To Introduce Lower Denominations On Atms by eunisam: 10:56am On Dec 03, 2014 |
gbodimowo:and so? How is that my fault? |
Re: CBN To Introduce Lower Denominations On Atms by Nobody: 11:01am On Dec 03, 2014 |
sweettease: This is how it works! For example, if you are to withdraw 10,000.00. 5% would be N100/Note, 10% of N200/Note, 15% of N500/Note and 70% of N1000/Note, this was how it was done before, and this what I think CBN want to revert. 1 Like |
Re: CBN To Introduce Lower Denominations On Atms by niggi4life(m): 11:05am On Dec 03, 2014 |
shaggy007:As a MAN, its not good to withdraw or spend your LAST CARD.. mama used to tell me not to eat with all my ten fingers |
Re: CBN To Introduce Lower Denominations On Atms by Nobody: 11:12am On Dec 03, 2014 |
I think it's really a good idea.. Considereing the fact that many people these days are complaining of this "change" wahala. So with the introduction of dis, I can easily withdraw 100 naira and pay a cab man. Than waiting on the road for over an hour because of taxi men complaining they don't have change cos I have 1000 |
Re: CBN To Introduce Lower Denominations On Atms by Ajalekoko76(m): 11:18am On Dec 03, 2014 |
More queue becos of #100. Driver,conductor, and passengers would Av to wait at ATM |
Re: CBN To Introduce Lower Denominations On Atms by queebeediva(f): 1:03pm On Dec 03, 2014 |
It meaningless to me what we want is for our naira note to appreciate in value not further abusing of it. My question is , even when Atm make despences of lower domination like 5naira note what will it purchase ? And don't also forget the 65naira bill we pay for 3withrawer one makes. I hope the CBN governor wants to help nigerians? Hmmmm another challege ooo! |
Re: CBN To Introduce Lower Denominations On Atms by Nobody: 2:02pm On Dec 03, 2014 |
var red = [0, 100, 63]; |
Re: CBN To Introduce Lower Denominations On Atms by shaggy007(m): 2:04pm On Dec 03, 2014 |
niggi4life: My brother, mama wants is not to spend our last card...on wants. We are free to spend our last card...on needs. |
Re: CBN To Introduce Lower Denominations On Atms by psalmuelwater(m): 2:14pm On Dec 03, 2014 |
Na rubbish be this, if u withdraw #200 and dem charge u #65 ao much ur money remain? |
Re: CBN To Introduce Lower Denominations On Atms by sipicilia(f): 2:18pm On Dec 03, 2014 |
Opeeee o, nw I can withdraw evry last kobo in my acnt. |
Re: CBN To Introduce Lower Denominations On Atms by KLand(m): 2:28pm On Dec 03, 2014 |
Lower bills in ATM? I don't want it. |
Re: CBN To Introduce Lower Denominations On Atms by Nobody: 2:43pm On Dec 03, 2014 |
gideonedwards: Ode |
Re: CBN To Introduce Lower Denominations On Atms by gideonedwards(m): 2:49pm On Dec 03, 2014 |
Stelvin101:you're such a fool. |
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