DAR ES SALAAM, Oct. 7 -- ATM withdrawal fees in the country reveal a growing divide between banks, with larger institutions able to charge far less than smaller lenders.
The latest Bank of Tanzania dataset shows that tierone banks such as CRDB and NMB maintain some of the lowest charges for customers using their own ATMs, while smaller and foreign-owned banks levy significantly higher fees, particularly for offnetwork withdrawals According to the BoT data, CRDB Bank and NMB Bank continue to offer some of the most affordable ATM withdrawal charges, typically around 1,000/- per transaction at their own ATMs.
CRDBs maximum charge stands at 3,390/-, while NMB caps at 1,800/-. The exception is Equity Bank charges the lowest minimum fee for o...
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