All Banks\’ ATM Cards to be Suspended soon.
Now you will only have 1 ATM CARD link to all your bank account.
1 BVN = 1 ATM CARD
What Is The \”CBN Unified ATM Card\”
The Central Bank of Nigeria (CBN) Unified ATM Card is a card issued by the CBN that enables users to access their bank accounts through Automated Teller Machines (ATMs) and other electronic banking channels.
The card can be used to withdraw cash, transfer funds, and make payments for goods and services. The CBN introduced the card to promote inter-operability among banks in Nigeria and make banking more convenient for customers.
The card is accepted at ATMs belonging to any bank that is a member of the Nigeria Inter-Bank Settlement System (NIBSS).
It’s expected To Commence On Monday 16th January, 2023.
