Nigeria

Central Bank of Nigeria ATM Charges

Check CBN approved ATM withdrawal charges and total debit in NGN.

Uses CBN approved ATM charge structure for Nigeria.

ATM Details

Uses CBN approved ATM charge structure for Nigeria.

Result

Withdrawal Amount₦20,000.00
CBN ATM Charge₦100.00
Surcharge₦500.00
Total Charge₦600.00
Total Debit₦20,600.00

CBN ATM Charges Used

ATM TypeCharge Rule
Use your own bank ATMFree
Use another bank ATM at branchNGN 100 per NGN 20,000 withdrawn
Use another bank ATM outside branchNGN 100 per NGN 20,000 withdrawn + surcharge up to NGN 500
Use international ATMExact cost recovery by acquirer

FAQs

What CBN ATM rule is used for another bank ATM in Nigeria?

NGN 100 per NGN 20,000 withdrawn. Off-site ATMs add surcharge up to NGN 500.

Are own bank ATM withdrawals charged?

No. Own bank ATM withdrawals are free in this CBN structure.

How are international ATM charges handled?

International ATM transaction charge is exact cost recovery by the acquirer.

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