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Banking sector: new withdrawal fees apply to ATMs in Nigeria

03/03/2025
Source : ORISHAS FINANCE
Categories: Sectors

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The Central Bank of Nigeria, CBN has imposed new ATM and ATM fees on Nigerians. This measure came into effect on Saturday, March 1, 2025.

L'annonce a été fait par la central bank on February 11, 2025. This announcement states that as of March 1, 2025, a fee of N100 and N450 would apply to ATM withdrawals. According to CNB, the fees would apply to bank customers using other banks' ATMs, whether on-site or

off-site.

According to information, the 450 N fee would be an additional charge for bank customers using ATMs from other banks that are not on the bank's premises. ATMs at banks in the Federal Capital Territory have implemented withdrawal fees in accordance with the CBN directive

.
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