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Call Out Banks Reducing Withdrawal Limit On Atms To Charge More Fees - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsCall Out Banks Reducing Withdrawal Limit On Atms To Charge More Fees (441 Views)

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Call Out Banks Reducing Withdrawal Limit On Atms To Charge More Fees by OkodiDenzel(op): 8:12am On Mar 17, 2023
The banking imbroglio is now over yet banks have refused to remove the withdrawal limits on ATMs in other to fleece customers.

Please let's start to call them out.

Attached below is the ATM of WEMA Bank by Maryland Bustop Lagos

Let's start to give them some thumbs down 👎👎👎 for others to learn.

Re: Call Out Banks Reducing Withdrawal Limit On Atms To Charge More Fees by SmartPolician: 8:34am On Mar 17, 2023
Calling them out will change nothing.

Nigeria is going cashless and you don't expect that cash will be available like before.

CBN has been destroyed most of the old notes. The old notes banks' ATMs currently dispense are those they didn't send to CBN before the policy was reversed.

In summary, CBN wants to limit the amount of cash we all carry about. We all have to embrace e-channels and reduce our cash spendings.
Re: Call Out Banks Reducing Withdrawal Limit On Atms To Charge More Fees by OkodiDenzel(op): 8:53am On Mar 17, 2023
SmartPolician:
Calling them out will change nothing.

Nigeria is going cashless and you don't expect that cash will be available like before. .
There's something called policy oga!

You don't change things arbitrarily. When CBN gives guidelines they are meant to be strictly adhered to.

That's how great cities were built!
Re: Call Out Banks Reducing Withdrawal Limit On Atms To Charge More Fees by SmartPolician: 9:02am On Mar 17, 2023
OkodiDenzel:
There's something called policy oga!

You don't change things arbitrarily. When CBN gives guidelines they are meant to be strictly adhered to.

That's how great cities were built!
That policy was announced and test-run in 2012. Its full implementation kicked off over a decade later, but you people are still complaining. Nigerians are unbelievable!

You had better start getting used to the new system now. Cash won't be readily available like before; cashless transactions have more benefits than carrying cash about. Know this and know peace.

Have yourself a beautiful day....
1 Reply

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