Categories: Banking Sector

Zenith Bank Breaks Boundaries: Raises ATM Cash Withdrawal Limit to N200,000 per Day, Welcoming All Customers

In a bold move that defies conventional banking norms, Zenith Bank has announced a groundbreaking revision to its cash withdrawal limit at Automated Teller Machines (ATMs) across the nation.

Effective immediately, customers can now withdraw up to a whopping N200,000 per day, regardless of whether they hold an account with Zenith Bank or another financial institution.

This significant increase in the withdrawal limit is set to transform the banking landscape, providing customers with enhanced convenience and financial freedom.

Previously, the Central Bank of Nigeria (CBN) had restricted the maximum weekly cash withdrawal per person, via ATM, to N100,000, with a daily limit of N20,000.

However, Zenith Bank has shattered these constraints, aiming to empower individuals with greater control over their finances.

With the revised withdrawal limit, customers can now access more cash in a single day, saving them valuable time and effort.

In an official notice titled ‘Important Public Notice,’ Zenith Bank expressed its commitment to delivering superior banking services that cater to the evolving needs of its customers.

The bank’s spokesperson highlighted, “You can perform cash withdrawals of up to N200,000 per day, at the Zenith Bank ATMs nationwide, even if you bank with other financial institutions.”

This customer-centric approach reinforces Zenith Bank’s dedication to providing unparalleled convenience and flexibility in the banking industry.

It’s important to note that Zenith Bank’s revised withdrawal limit does not affect the N500,000 weekly cashless policy withdrawal limit for individuals. This policy, established to promote digital transactions and reduce the reliance on physical cash, remains intact.

Investors King

Share
Published by
Investors King

Recent Posts

Brent Crude at $79.38 Amid Trump’s National Energy Emergency Declaration

Oil prices remained steady on Wednesday as investors assessed the potential impact of U.S. President…

1 hour ago

Netflix Hits 302 Million Subscribers, Surpasses $10 Billion in Annual Operating Income

Netflix ended 2024 on a high note as its global subscribers rose to 302 million…

2 hours ago

PalmPay Explores Remittance Services as Part of Ambitious Global Growth Strategy

PalmPay, a leading Nigerian fintech company with over 30 million users and $6 billion in…

2 hours ago

Dollar to Naira Black Market Exchange Rate Today, 22nd January 2025

The dollar to naira exchange rate continues to be a focal point in Nigeria's financial…

12 hours ago

Pounds to Naira Black Market Exchange Rate Today, 22nd January 2025

The pounds to naira exchange rate continues to be a critical topic in Nigeria’s financial…

13 hours ago

MTN Nigeria Secures NCC Approval to Renew and Harmonise 800MHz Spectrum Licences

MTN Nigeria Communications PLC has received approval from the Nigerian Communications Commission (NCC) to renew…

18 hours ago