CBN suspends new cashless charges on deposit, withdrawal

CBN suspends new cashless charges on deposit, withdrawal

… Orders refund of charges since April 1, 2017   The Central Bank of Nigeria (CBN) on Friday suspended the newly introduced charges on cashless deposits and withdrawals till further notice, while directing the banks to refund the charges already applied since April 1, 2017. Consequently, processing fees for withdrawals for an individual remains 3…

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