Getting cash from the bank is now cheaper than EcoCash, Telecash or OneWallet cash-outs

By Batsirai Chikadaya

On Monday 12 December 2016, the Reserve Bank of Zimbabwe decreased all local banks cash withdrawal charges with immediate effect to 1% for ATM withdrawals and 1.25% for Over-the-Counter withdrawals. According to the RBZ, the new charges are part of its financial inclusion drive which allows previously disadvantaged and low-income segments of society access to affordable financial services. So with […]

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Getting cash from the bank is now cheaper than EcoCash, Telecash or OneWallet cash-outs

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