Zenith Bank on Wednesday revised its cash withdrawal limit to N200,000 per day at its Automated Teller Machine (ATM) nationwide.
The Central Bank of Nigeria (CBN) had last year pegged the maximum cash withdrawal per week per person, via ATM at N100,000 subject to a maximum of N20,000 cash withdrawal per day.
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“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,” the bank said in a notice to its customers titled ‘Important Public Notice’.
The bank said the N500,000 weekly cashless policy withdrawal limit for individuals still applies.
Hope Moses-Ashike
Hope Moses-Ashike is an Associate Editor, Banking and Finance, with more than a decade of experience reporting on Nigeria’s financial system and broader economy. She closely tracks market movements, monetary policy decisions, company disclosures, regulatory actions, economic indicators, and global developments, and interprets what they mean for businesses, investors, policymakers, and households. Her reporting helps readers understand complex issues such as inflation trends, foreign exchange market dynamics, interest rate decisions, bank performance, and investment risks.
She also covers major international events and periodically travels to Washington, D.C., to report on the World Bank/IMF Spring and Annual Meetings.
Her dedication to financial journalism has earned her multiple recognitions and invitations to high-level professional development programmes. She is an alumna of the International Visitors Leadership Programme (IVLP) in the United States and holds an Advanced Financial Journalism Certificate from the Press Association Training in London, UK. Her other notable achievements include completing the Lagos Business School CMC Programme, the Bloomberg Media Africa Initiative Programme, and a Master Class in Journalism at Rhodes University in South Africa.
