In line with the CBN’s (Central Bank of Nigeria) recent review of ATM withdrawal fees, you’ll be charged the following fees by other banks when you make ATM withdrawals with your Kuda Card from this Saturday, March 1, 2025: - Fee for withdrawals at ATMs on any bank’s premises For every withdrawal of ₦20,000 or less that you make at an ATM located on any bank’s premises, the bank that owns the ATM will charge you a fee of ₦100. For withdrawals that exceed ₦20,000 within a day, you’ll be charged an additional fee of ₦100 for every extra ₦20,000 or less that you withdraw. - Fee for withdrawals at ATMs outside any bank’s premises For every withdrawal of ₦20,000 or less that you make at an ATM located outside any bank’s premises (like ATMs at shopping malls, filling stations, etc), the bank that owns the ATM will charge you a fee of ₦100 plus an additional fee of up to ₦500. The ATM will display the exact additional fee before you make the withdrawal. For withdrawals that exceed ₦20,000 within a day, you’ll be charged ₦100 for every extra ₦20,000 or less that you withdraw plus an additional fee of up to ₦500. Note: The previous rule of three free monthly withdrawals on any ATM has been cancelled by the CBN.