Nike PopoolaBanks are now attending to long queues in the banking hall as more customers prefer withdrawing cash from the counter to the Automated Teller Machines, investigation has revealed. They also said withdrawing money at the ATM was no longer fast because they would have to repeat the same transactions several times before they would get the amount they needed. A bank customer, James Moneme, said, “I went to a Polaris Bank ATM to withdraw N150,000 with my GTBank card but the ATM had been configured to dispense only N10,000 at once. “I withdrew N10, 000 up to 10 times before I could withdraw N100, 000 after which the ATM stopped dispensing cash. A former President, Association of National Accountants of Nigeria, Dr Sam Nzekwe, said this ATM’s inconvenience would make people to go back into the banking hall to withdraw money.

Source: Punch January 31, 2020 01:13 UTC