Bank customers to recommence payment of processing charges on large deposits as CBN’s suspension deadline elapses

Tribune Online
Bank customers to recommence payment of processing charges on large deposits as CBN’s suspension deadline elapses

BANKS and other financial institutions across Nigeria have reinstated processing fees on large cash deposits following the expiration of the Central Bank of Nigeria’s (CBN) temporary suspension. The suspension, which affected deposits exceeding N500,000 for individuals and N5 million for corporate entities, ended on April 30. To this effect, Deposit Money Banks (DMBs) have started […]

Bank customers to recommence payment of processing charges on large deposits as CBN’s suspension deadline elapses
Tribune Online