Cbn released codes for cardless ATM cash withdrawals

As Nigerians grapple with naira scarcity, commercial banks have released codes for cardless ATM cash withdrawals.

The feature allows bank account holders to make withdrawals at ATMs with the aid of their registered phone numbers alone.

Commercial banks in Nigeria have introduced cardless ATM cash withdrawals to enable customers to access cash without their bank cards

To access cardless ATM cash withdrawals, customers must generate a code on their mobile phones or through their bank's mobile app

The latest technology innovation which emboldens convenience comes amid the ongoing Naira scarcity

The banks that have released these features include Fidelity, United Bank of Africa, Access Bank, First City Monument Bank, First Bank, and Guaranty Trust Holding.

Others are Union Bank, Zenith Bank, Ecobank, Keystone Bank, Polaris Bank, Stanbic IBTC Bank, Sterling Bank, Unity Bank, and Wema Bank

Banks shortcodes to make a cardless ATM withdrawal

First bank- *894*0#

Fidelity bank- *770*8*Amount#

UBA- *919*30*Amount#

Access Bank- *903#

GTB- *737*50*Amount*50#

FCMB- *329#

Union Bank- *826*7#

Zenith- *966*60#

Ecobank- *326#

Keystone- *7111#

Polaris- *833#

Stanbic IBTC- *909#

Sterling Bank- *822#

Unity Bank - *7799*8*amount#

Wema- *945#

Steps to carry out cardless withdrawal

Dial the banks code on your mobile phone or use bank's mobile app

Enter the amount you want to withdraw and create a one-time withdrawal PIN

You will receive a code via SMS that you will use to withdraw cash from an ATM.

Go to any ATM with a cardless withdrawal feature, select "Cardless Withdrawal," and follow the on-screen prompts.

Enter the code you received via SMS, your one-time withdrawal PIN and the amount you requested.

Collect your cash and receipt.

CBN speaks as banks pay in old naira notes, customers reject

Meanwhile, in another report, the Central Bank of Nigeria has spoken about banks paying customers in old naira notes

The payments have been met with widespread rejection forcing customers who collected the old notes to return them

Despite the Supreme Court's 10-month extension, Nigerians are still uncertain about the old 1000 and 500 banknotes' legality as legal tender.