Nigerians Bank Begin Payment Of Charges For Deposits, Cash Withdrawal - Business - Nairaland
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POS Operators Increase Charges For Withdrawal, Deposit / CBN Increases Cash Withdrawal Limit To ₦500,000 Weekly / How to get a POS for ATM cash withdrawal and Deposit business in Nigeria (2) (3) (4)
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| Nigerians Bank Begin Payment Of Charges For Deposits, Cash Withdrawal by sanusi007: 2:32pm On Sep 18, 2019 |
The Central Bank of Nigeria, CBN, has said customers making cash deposits or withdrawals will pay charges beginning from today in line with its new policy. The objective of the “transaction fees” is to give vent to the Central Bank’s policy designed to reduce cash in use. CBN Payments System Management Department Director Sam Okojere on Tuesday announced the take-off of the charges in a statement. “The transactions will attract three per cent processing fees for...read more |
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