Bank Begins Implementation of PoS Daily Withdrawal Limit

Union Bank announced on Thursday the commencement of a daily withdrawal limit on point-of-sale (PoS) terminals. The implementation follows the directive issued by the Central Bank of Nigeria (CBN) on December 17, 2024, limiting the daily withdrawal limit on PoS to ₦100,000 per customer. The apex bank noted that the directive aims to address identified […]

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