The Central Bank of Nigeria (CBN) has reduced the withdrawal charge attached to transactions on banks’ automated teller machines (ATM) from N65 to N35. This is contained in a document entitled, ‘Guide to Bank Charges’ released by the apex bank, on Sunday. The document contains information on downward reviewed electronic transfer, ATM fees as well […]
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Bank customers in the Federal Capital Territory (FCT), on Tuesday decried poor network and insufficient funds in most Automated Teller Machines (ATMs). The News Agency of Nigeria (NAN) reports that at the time of filing this report, many customers were seen stranded and on long queues at ATMs waiting to make different transactions. Some of the […]
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The three most spoken languages in Nigeria; Yoruba, Igbo and Hausa have been to English language on GTBank’s Automated Teller Machines (ATM). With the introduction of the languages, a customer who wishes to use the ATM in any branch of Gtbank is prompted by a software to chose preferred language before commencement of transaction once […]
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The National Bureau of Statistics (NBS) says Automated Teller Machines (ATMs) from selected banks across the country recorded transactions valued at N1.568 billion in first quarter. The NBS stated this in its Selected Banking Sector Data for first quarter, 2018, posted on its website. The bureau stated that a total of 457,226,406 transactions valued at […]
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The world’s first Automated Teller Machine (ATM),a technology which brought transformation in the way people obtain and use cash, on Tuesday clocked 50 years. According to the Mirror, the world’s first ATM was unveiled by Barclays at its Enfield branch in North London on June 27 1967. As a tribute to the golden anniversary, Barclays […]
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