Based on 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 March 1, 2025:
Fee for withdrawals at ATMs on any bank's premises:
Withdrawals of ₦20,000 or less made at an ATM located on any bank's premises will cost you a fee of ₦100.
Withdrawals that exceed ₦20,000 within a day will cost you 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:
Withdrawals of ₦20,000 or less made at an ATM located outside any bank's premises (like ATMs at shopping malls, filling stations, etc.) will cost 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.
Withdrawals that exceed ₦20,000 within a day will cost you ₦100 for every extra ₦20,000 or less that you withdraw, plus an additional fee of up to ₦500.
If you have any questions about withdrawal fees, please chat with us.
Thank you.