Friday, April 21, 2017

Cashless policy: CBN suspends charges on large withdrawals

The Central Bank of Nigeria has directed Deposit Money Banks to suspend charges on over-the-counter or ATM withdrawals of above N500,000 or deposit of same amount.
The apex bank’s Director, Banking and Payments System Department, Mr. Dipo Fatokun, in a circular dated April 20, 2017, said all the…Cashless policy: CBN suspends charges on large withdrawals




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