CBN relieves microfinance, primary mortgage banks from cash withdrawal limits
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August 01, (THEWILL) - The Central Bank of Nigeria (CBN) has exempted Microfinance banks (MFBs) and primary mortgage banks (PMBs), from paying processing fees for withdrawals above the cash withdrawal limits. In December 2022, the CBN directed deposit money banks and other financial institutions to ensure that over-the-counter cash withdrawals by individuals and corporate entities
CBN Excludes Microfinance Finance Banks From Cash Withdrawal Limits
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CBN Exempts PMBs, MFBs from Cash Withdrawal Limits
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