Wednesday 26 October 2016

ATMs: Thieving banks/CBN to the rescue please.

atm central bank of nigeria cards ecobank extortion

Things are difficult in the country already please! Banks should mind the way they extort money!
Maximum ATM cash dispensing rate per withdrawal = 10,000naira
Charge per withdrawal = 65naira.
Monthly SMS cost > 200naira sometimes.

So I would be charged 650naira for withdrawing 100,000naira from ATM?
Haba!! It wasn’t like this before! What happened to withdrawing of 50,000naira at a go?

Please, this is extortion! Central Bank of Nigeria should do something about it.

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