GTB, Zenith, UBA, others shun CBN’s order on ATM withdrawal fee

Money Deposit Banks (MDB) have continued to act in defiance of the Central Bank of Nigeria (CBN) guidelines specifically reducing the payable charge for Remote-on-Us transactions. For clarity, Remote-on-Us transaction is when a bank customer withdraws from another bank’s ATM. The guidelines, released in January 2022, had among other reviews pegged bank service charge for […]

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