CBN Limits ATM/POS Withdrawal to N20,000 Per Day

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New Central Bank of Nigeria Rules effective January 9, 2023 following New Naira Design.

1. ATM withdrawals won't be more than N100k per week and N20k per day 

2. POS withdrawals won't be more than N20k daily.

3. Over the counter withdrawal won't be more than N100k per individual and N500k per corporate organization.

4. Only N200 and below will be loaded on ATMs.

5. Third Party Cheques over N50,000 will not be cleared over the counter.

Welcome to cashless economy. 

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