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Friday, March 3, 2017

Mixed reactions trail reintroduction of charges on cash deposits, withdrawals

Mixed reactions have continued to trail the reintroduction of bank charges by the Central Bank of Nigeria (CBN) on cash deposits and withdrawals.


Some bank customers in Ilorin who spoke with the News Agency of Nigeria (NAN) on Friday, expressed different views on the CBN’s decision.
Mr Dipo Fatokun, CBN’s Director, Banking and Payments Department, had said that the decision to reintroduce the charges was consequent upon the review of charges on deposits and withdrawals in the cashless policy.

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