N100 charge on ATM transactions cancelled - BIGTIMI'S BLOG

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Wednesday, November 14, 2012
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The Central Bank of Nigeria and the Bankers Committee on Tuesday finally agreed to put a stop to all charges associated with the use of Automated Teller Machines.

The agreement was the highpoint of a meeting between the committee made up of Chief Executive Officers of Deposit Money Banks, and directors and top officials of the CBN.

The CBN also said that it would, in collaboration with the Securities and Exchange Commission, carry out examinations on the operations of stockbroking houses.

1 comments:

  1. This sounds good, but I see a situation where people can only withdraw money from ATMs owned by the banks having their accounts. So we should brace up for this impending challenge.

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