Filmmaker Jade Osiberu calls out banks restricting withdrawal amount at ATMs

Award-winning filmmaker, Jade Osiberu, has questioned what the Central bank is doing on banks limiting the withdrawal amount at their ATMs to N10, 000.

ATMs can do as much as N20, 000 in a single withdrawal but some banks have decided to limit theirs to N10, 000 per withdrawal which generates extra charges from customers who make use of their machines.

Reacting, Ms. Osiberu is tweeted:

”Nigerian Banks and their fraudulent behavior. ATMs have a capacity of N20k per withdrawal but you limit to N10k so you can charge N35 per withdrawal, on a platform that’s suppose to be a low cost option for servicing your customers. Why is @cenbank  allowing this?”

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