BANK CUSTOMERS FAULT NEW ATM REGIME

             

The  re-introduction of  service charge for withdrawals from other banks Automated Teller Machines (ATMs), now pegged at N65 as against the previous N100, and which  took effect on September 1, is unsettling for many Nigerians.

Reports says, Few days after the take off  of the new policy, queues have returned to some ATM points, as customers dump the use of other banks’ ATM in a bid to escape the charge. Many customers who spoke with our correspondent frowned at the new directive from Central Bank of Nigeria (CBN), in collaboration with the Bankers Committee, on the return of ATM fee, saying the new policy must be abolished  in the interest of low income earners.  About 85 percent of  customers on queue at First  Bank branch, Isolo, along Oshodi-Apapa Express Way  called on the authorities  to reverse the policy, while  some  others said that the charge should be paid to enable the banks maintain the machines well.