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Friday, 21 April 2017

Cashless Policy: Charges on Large Withdrawals Suspended

The Central Bank of Nigeria (CBN) 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, Dipo Fatokun, in a circular dated April 20, 2017, said all the charges introduced in February, and meant to […] http://ift.tt/eA8V8J

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