The Bankers’ Committee Sunday said the decision earlier reached to suspend all charges accruing from the use of Automated Teller Machines (ATMs) of other banks would be implemented from Monday, December 17.
Governor of the Central Bank of Nigeria (CBN) and Chairman of the Bankers’ Committee, Mallam Sanusi Lamido Sanusi, revealed this while addressing journalists at the end of the fourth annual Bankers’ Committee retreat held in Calabar. The three-day retreat was titled “Towards Economic Development and Sustainable Transformation”.
The committee had at its November meeting said the move was partly aimed at enhancing financial inclusion and encouraging ATM usage in line with CBN’s cashless programme.
Sanusi explained that the delay in implementing the policy was to allow banks configure their information technology infrastructure for the effective implementation of the policy.

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