BREAKING: CBN DIRECTS BANKS TO LOAD N200 NOTES AND BELOW IN ATM MACHINES

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  • Maximum Cash Withdrawal on ATM now N20,000 Per Day Per Account Holder

By ‘Leke Yusuf

The Central Bank of Nigeria (CBN) has directed that Bnaks in Nigeria should only dispense N200 notes and below, of the newly designed Naira notes from their Automated Teller Machines (ATM).

The Apex Bank alos directed that maximum amount that can be withdrawn by any individual account holder per day from the ATM is N20,000; subject to maximum withdrawal of N100,000 per week.

This was made known in a press release on Tuesday afternoon.

More details shortly.

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