Other banks’ ATM transaction to attract minimum N100 per N20,000 from 1 March – CBN
From 1 March 2025, customers will soon pay higher charges for withdrawals at the Automated Teller Machine (ATM) of commercial banks as the Central Bank of Nigeria (CBN) has reviewed transaction fees, citing rising operational costs and the need to enhance banking services. While customers withdrawing from their bank’s ATMs (on-us transactions) will continue to enjoy free withdrawals, charges for …