Banks to stop N100 ATM charge Dec 17

The Governor, CBN, Mr. Lamido Sanusi, said on Sunday at the fourth Annual Retreat of the Bankers Committee in Calabar, that the  bank would begin the effective implementation of the removal of bank charges associated with the use of other banks’ ATMs by customers from next Monday.
 
Sanusi said, “We have agreed on a final date of Monday 17, December, 2012 for the kick-off, when every bank will remove the charges. We allowed some time for banks that have not configured their IT to do so and stop charging, and hopefully by 17th of December, you are not going to have any customer pay additional charges.”
 
The Bankers Committee had earlier said it would stop the service charge but was unclear on the stoppage date.