CBN Removes Banks Charges - Investment - Nairaland
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| CBN Removes Banks Charges by Enenim(m): 3:47pm On Nov 27, 2022 |
CBN Removes Banks Charges on Deposit List Documents Requirements for Large Cash Withdrawals The Central Bank of Nigeria (CBN) has suspended charges for Nigerians making cash deposits in banks. CBN governor Godwin Emefiele reiterated this while briefing journalists in Abuja on the expected impact of new naira notes in Abuja on Wednesday, 23 November 2022 Emefiele said, For the purpose of this transition from existing to new notes, bank charges for cash deposits are hereby suspended with immediate effect. "Therefore, DMBs are to note that no bank customer shall bear any charges for cash returned/paid into their accounts. What we have right now is that if you pay more than N150,000 into your account electronically, that is when you will only pay the charges." “This means it does not limit you from paying N10 million or N1 billion into your account. The only thing is that you will pay for cash processing for deposits above N150,000." |
| Re: CBN Removes Banks Charges by Nukilia: 5:05pm On Nov 27, 2022 |
Corn-fused governor |
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