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Nairaland Forum / Nairaland / General / Business / Banks Reduce Withdrawal Limits On Atms - Vanguard (65275 Views)
Firstbank ATMs – Accounts For 37% Of Bills Payment Services On ATMs In Nigeria / CBN Reviews Limits On Mobile Money Transaction, Balance / Banks Reduce Lending To Economy By N292bn In Q2 – Nbs (2) (3) (4)
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Banks Reduce Withdrawal Limits On Atms - Vanguard by ELVISHOT: 1:23am On Aug 11, 2015 |
LAGOS — The battle for defence of the Naira value has widened, affecting existing withdrawal limits on Automatic Teller Machines (ATMs) and foreign transactions on all existing Naira debit cards (ATM cards). http://www.vanguardngr.com/2015/08/banks-reduce-withdrawal-limits-on-atms/ 2 Likes 3 Shares
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Re: Banks Reduce Withdrawal Limits On Atms - Vanguard by repogirl(f): 1:32am On Aug 11, 2015 |
Tightening of the whole economy.... Is this sustainable? I hope so. 3 Likes |
Re: Banks Reduce Withdrawal Limits On Atms - Vanguard by dapyd1(m): 1:54am On Aug 11, 2015 |
I'm not sure of the big-picture economic implication. But I know it's going to put a strain on the business man on the street, and judging by the results of recent CBN policies, I am not optimistic at all concerning the implications of this one either. 12 Likes 1 Share |
Re: Banks Reduce Withdrawal Limits On Atms - Vanguard by Nobody: 1:56am On Aug 11, 2015 |
Those that don't have anything in their account are the ones that will start making noise and booking space, just watch. 102 Likes 2 Shares |
Re: Banks Reduce Withdrawal Limits On Atms - Vanguard by BrownCookie(f): 2:02am On Aug 11, 2015 |
Is this really going to help ![]() |
Re: Banks Reduce Withdrawal Limits On Atms - Vanguard by BrownCookie(f): 2:03am On Aug 11, 2015 |
MrCuddles: ![]() ![]() ![]() ![]() ![]() 36 Likes 1 Share |
Re: Banks Reduce Withdrawal Limits On Atms - Vanguard by Adesiji77: 4:21am On Aug 11, 2015 |
Really? If so, then online banking to the rescue... ![]() Cc: lalasticlala 3 Likes 2 Shares |
Re: Banks Reduce Withdrawal Limits On Atms - Vanguard by lordtech(m): 4:26am On Aug 11, 2015 |
Hmmm, na wa oh ![]() ![]() ![]() ![]() |
Re: Banks Reduce Withdrawal Limits On Atms - Vanguard by Pavore9: 4:51am On Aug 11, 2015 |
CBN should also focus on mobile money,where one's mobile phone is also his account number even banks are not needed in this but relcos just just as the Kenyan economy relies heavily on mobile money operators such as Mpesa, Airtel money, Orange money etc. |
Re: Banks Reduce Withdrawal Limits On Atms - Vanguard by SPG4U(m): 6:48am On Aug 11, 2015 |
[size=20pt]this is a very bad move Now it will take 3 days to withdraw $1000 from my payoneer master card I hope dis is not true [size] 1 Like |
Re: Banks Reduce Withdrawal Limits On Atms - Vanguard by Nobody: 6:58am On Aug 11, 2015 |
SPG4U:So you been wan spoil our eyes with your size 20 font before ba? Werey 71 Likes 5 Shares |
Re: Banks Reduce Withdrawal Limits On Atms - Vanguard by SPG4U(m): 7:04am On Aug 11, 2015 |
FriedPlantain:hmmmm u knw say after person write letter finish he fo write his name under Dat was exactly wat u did by writing werey under ur comment Well u gat a nice name though 89 Likes |
Re: Banks Reduce Withdrawal Limits On Atms - Vanguard by fatdon2(m): 7:22am On Aug 11, 2015 |
The new CBN man is brainless , I thought we where moving to a cashless economy. Now people will prefer to have their money kept in their homes. Bcus withdrawing above the counter also has its limit and charges are applied. Now ATM has its daily limit. So in other word they reducing the purchasing power of us and hereby allowing us to have our money in our home saves. Bad policies. 110 Likes 12 Shares |
Re: Banks Reduce Withdrawal Limits On Atms - Vanguard by kenedy175(m): 7:49am On Aug 11, 2015 |
This doesn't make sense! How will it help ? 4 Likes |
Re: Banks Reduce Withdrawal Limits On Atms - Vanguard by donholy28(m): 7:49am On Aug 11, 2015 |
Imagine!!! Limit for me to collect my own money?..Lubbish 27 Likes 2 Shares |
Re: Banks Reduce Withdrawal Limits On Atms - Vanguard by seangy4konji: 7:49am On Aug 11, 2015 |
Ok now... |
Re: Banks Reduce Withdrawal Limits On Atms - Vanguard by Sirgen05(m): 7:50am On Aug 11, 2015 |
THE CHANGE WE NEED? 2 Likes |
Re: Banks Reduce Withdrawal Limits On Atms - Vanguard by DaGC(m): 7:50am On Aug 11, 2015 |
After receiving the email yesterday, I was frankly disappointed ![]() |
Re: Banks Reduce Withdrawal Limits On Atms - Vanguard by chrisviral(m): 7:50am On Aug 11, 2015 |
Sorry, but you're passing an old and wrong information. According to the recent message from my bank, it has been revised to around 2000 dollars per month with the option of using it all in one day (and waiting till the next month) and about 3 million NGN over POS (same rule applies) Thank you. 5 Likes |
Re: Banks Reduce Withdrawal Limits On Atms - Vanguard by Icecomrade: 7:51am On Aug 11, 2015 |
This is bad news for Those customers who doesn't want to subscribe to Internet an Mobile banking. Let's see where you get cash to pay for everything. Those shop owners who feels they do banks favor by taking free POS for their own transactions. Am very sure they will be scrambling to banks now begging for POS machines. Those banks who thought e-banking is a good reason to deplete staff strength. Throw people into labour market. Behold crowd in your banking hall. 11 Likes |
Re: Banks Reduce Withdrawal Limits On Atms - Vanguard by Akshow: 7:51am On Aug 11, 2015 |
Good 1 Like 1 Share |
Re: Banks Reduce Withdrawal Limits On Atms - Vanguard by Nobody: 7:51am On Aug 11, 2015 |
If it will help, no problem.. 1 Like |
Re: Banks Reduce Withdrawal Limits On Atms - Vanguard by lonelydora: 7:51am On Aug 11, 2015 |
Make them no try this joke with me. |
Re: Banks Reduce Withdrawal Limits On Atms - Vanguard by chigomiced: 7:51am On Aug 11, 2015 |
cashless economy tyns the world is moving to online banking>>>>>>>>> nigerians should learn to adapt and evolve ![]() 1 Like |
Re: Banks Reduce Withdrawal Limits On Atms - Vanguard by colossus2: 7:52am On Aug 11, 2015 |
SPG4U:Falls from aloe-vera tree ![]() 9 Likes |
Re: Banks Reduce Withdrawal Limits On Atms - Vanguard by Nobody: 7:52am On Aug 11, 2015 |
donholy28:Did you read the thread? 1 Like 1 Share |
Re: Banks Reduce Withdrawal Limits On Atms - Vanguard by kennyman2000(m): 7:52am On Aug 11, 2015 |
Hmmmm... |
Re: Banks Reduce Withdrawal Limits On Atms - Vanguard by ifeoluwasegun(m): 7:52am On Aug 11, 2015 |
Lets see how this helps |
Re: Banks Reduce Withdrawal Limits On Atms - Vanguard by Elxandre(m): 7:52am On Aug 11, 2015 |
So, say I need a gadget from Ebay worth $600, I can no longer get it? Why are there still stuff worth over 60k on Konga if I really can't pay for them anymore ![]() Please break it down to the language I can understand ooo.. Baba Sunday, please make me one strong wooden box with ten German padlocks, e be like say Bank don tire me ![]() 17 Likes 1 Share |
Re: Banks Reduce Withdrawal Limits On Atms - Vanguard by zicoraads: 7:52am On Aug 11, 2015 |
60k only for ATM? This is not good ![]() |
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