Diamond Bank ATM Cards Can Now Be Used On Access Bank Machines Without N65 Charge
Literally it means Diamond Bank customers across the world can now use their ATM cards on Access Bank ATMs without paying the customary N65 per transaction.
“Wishing everyone a happy new year. Now with over 3100 ATMs free to use for all our customers,” the bank said via Twitter.
The Central Bank of Nigeria (CBN) had on September 2014 reintroduced N65 charge on transactions at other bank’s ATM, known as remote-on us, after four withdrawals.
But with the merger of Access Bank and Diamond Bank in December 2018, the charge would not apply to customers of these banks.
— Diamond Bank (@DiamondBankNG) January 1, 2019
The Chief Executive Officer, Access Bank, Herbert Wigwe, had earlier said this was a huge step towards the delivery of its goal to bring the power of banking to millions of people across Nigeria and an exciting transaction for Access Bank and Diamond Bank’s customers, members of staff and shareholders.
“In the memorandum of agreement to get into a merger with Diamond Bank, we believe that the combined enterprise will be a large diversified bank with an extreme extensive retail foot print. Together we will have 27 million customers which is basically the largest customer base of any bank in the continent, about 33,000 Point of Sale, PoS, terminals, and 3,000 Automated Teller Machines, ATMs, as well as 13 million mobile customers”, Wigwe added .
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Source: New feed2