Mobile Money Operators Kick Against New POS Withdrawal Limit - Business - Nairaland
Nairaland Forum › Nairaland General › Business › Mobile Money Operators Kick Against New POS Withdrawal Limit (507 Views)
| Mobile Money Operators Kick Against New POS Withdrawal Limit by babazak(op): 7:39am On Dec 08, 2022 |
The Association of Mobile Money and Bank Agents in Nigeria has kicked against the new point of sale (POS) withdrawal limit announced by the Central Bank of Nigeria. The CBN, on Tuesday, December 6, 2022, announced that the daily withdrawal limit for POS will be 20,000 naira from January 2023. Weekly withdrawal limit over the counter has also been set at N100,000 and N500,000 for individual and corporate organisation. This directive takes effects from 9th January, 2023. https://www.youtube.com/watch?v=r6F2S0RIUts |
| Re: Mobile Money Operators Kick Against New POS Withdrawal Limit by booblacain(m): 7:47am On Dec 08, 2022 |
The CBN has said POS operators will be given a waiver that allows them to withdraw more. That is the update. |
| Re: Mobile Money Operators Kick Against New POS Withdrawal Limit by gratiaeo(m): 7:49am On Dec 08, 2022 |
The new policy should remain at least after election, no room for politicians to stock pile cash for election rigging |
| Re: Mobile Money Operators Kick Against New POS Withdrawal Limit by rainlover(m): 10:40am On Dec 08, 2022 |
booblacain:it's not on the media na |
| Re: Mobile Money Operators Kick Against New POS Withdrawal Limit by booblacain(m): 11:24am On Dec 08, 2022 |
rainlover:I heard it on the radio this morning. |
| Re: Mobile Money Operators Kick Against New POS Withdrawal Limit by fman(m): 11:54am On Dec 08, 2022 |
booblacain:which radio station? 1 Like |
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