On Wednesday, 21st December, 2022. The Central Bank Of Nigeria (CBN) was announcing that they have increased the maximum weekly cash withdrawal limit across all channels for individuals and corporate organisations.
On that same day, there was a letter addressed sent to all branches of banks. In this letter, the apex bank said the withdrawal limit has now been increased to N500,000 and N5 million for individuals and corporate organizations, respectively.
So it is now popularly known that the withdrawal limit for individuals and corporate organization has been increased.
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