CBN Increases Cash Withdrawal Limit For Individuals Corporate Organizations

Nigerianewslite

The Central Bank of Nigeria (CBN) on Wednesday (today) announced the increase of the maximum weekly limit for cash withdrawals across all channels for individuals and corporate organisations.

BREAKING: CBN Increases Cash Withdrawal Limit For Individuals, Corporate Organizations

In a letter addressed to bank branches today, the apex bank said the withdrawal limit has now been increased to N500,000 and N5 million for individuals and corporate organizations respectively.

The apex bank said it made the decision based on feedback received from stakeholders.

More details shortly