CBN Introduces New ATM Withdrawal Charges Effective March 1, 2025
CBN Introduces New ATM Withdrawal Charges Effective March 1, 2025
The Central Bank of Nigeria (CBN) will implement new ATM withdrawal fees starting March 1, 2025.
Customers using on-site ATMs will pay N100 per N20,000 withdrawal, while off-site ATMs will attract N100 plus a surcharge of up to N500 per N20,000 withdrawal.
However, withdrawals from a customer’s bank ATM (On-Us transactions) will remain free.
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