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CBN slashes bank charges – ATM withdrawal – others

CBN slashes bank charges, ATM withdrawal, others

The Central Bank of Nigeria (CBN) has slashed the charges and rates on some transactions including ATM withdrawal, ATM maintenance fees, interbank/intra-bank transfer, among others. The apex bank, in a circular released on Friday, January 28, 2022, announced that the Standing Order charge for intra-bank will be free instead of the N300 contained in the…

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