{"id":61061,"date":"2025-02-11T15:17:08","date_gmt":"2025-02-11T15:17:08","guid":{"rendered":"https:\/\/abujacityjournal.com\/livenews\/?p=61061"},"modified":"2025-02-11T15:17:08","modified_gmt":"2025-02-11T15:17:08","slug":"cbn-ends-free-monthly-atm-withdrawals-for-other-banks-atms","status":"publish","type":"post","link":"https:\/\/abujacityjournal.com\/livenews\/2025\/02\/11\/cbn-ends-free-monthly-atm-withdrawals-for-other-banks-atms\/","title":{"rendered":"CBN Ends Free Monthly ATM Withdrawals for Other Banks\u2019 ATMs"},"content":{"rendered":"<p><strong>By Alexis Uchendu<\/strong><\/p>\n<p>The Central Bank of Nigeria (CBN), has discontinued the three free monthly ATM withdrawals for customers using ATMs outside their bank\u2019s network, effective March 1, 2025.<\/p>\n<p>Under the new policy, withdrawals from a customer&#8217;s own bank\u2019s ATM remain free, but using ATMs from other banks will incur fees.<\/p>\n<p>On-site ATMs will charge \u20a6100 per \u20a620,000 withdrawal, while off-site ATMs will carry an additional \u20a6500 surcharge.<\/p>\n<p>International ATM withdrawals will attract charges based on the acquirer&#8217;s rate.<\/p>\n<p>The policy aims to improve ATM efficiency and reduce operational costs, while encouraging digital banking and expanding ATM access across Nigeria.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Alexis Uchendu The Central Bank of Nigeria (CBN), has discontinued the three free monthly ATM withdrawals for customers using ATMs outside their bank\u2019s network, effective March 1, 2025. Under the new policy, withdrawals from a customer&#8217;s own bank\u2019s ATM remain free, but using ATMs from other banks will incur fees. On-site ATMs will charge [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":61062,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[172],"tags":[59],"class_list":["post-61061","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-featured"],"aioseo_notices":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/61061","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/comments?post=61061"}],"version-history":[{"count":1,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/61061\/revisions"}],"predecessor-version":[{"id":61063,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/61061\/revisions\/61063"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media\/61062"}],"wp:attachment":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media?parent=61061"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/categories?post=61061"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/tags?post=61061"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}