Standard Chartered removes charges for ATM withdrawals, transfers

Standard Chartered Bank has made it possible for customers of other banks to withdraw money from any of its Automated Teller Machines without being charged N65.

This was announced by the bank alongside its launch of a digital bank on Monday for its customers that would ensure that SMS notifications sent to them and transfers within Nigeria “are absolutely free.”

Standard Chartered Bank also announced Nigerian icon, Damini Ogulu, also known as ‘Burna Boy’, as its digital bank ambassador.

Launching to the public on Monday, the bank said its digital offering marked an important milestone in the path towards innovation and productivity transformation in Nigeria.

It said the service was designed with continuous feedback from its clients, adding that the digital bank empowered customers to bank on their terms.

The bank said in order to further disrupt the traditional banking sector in the country, Burna Boy would be promoting Standard Chartered Digital Bank in Nigeria by lending his voice and image rights through a series of marketing and other engagement activities over the next 12 months.

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