ATMs in Zambia - 4 Banks With No Withdrawal Charges
Posted: September 1 2023 | Tagged: Zambia, ATM Withdrawals, Travel Hacks
ATMs in Zambia with no fees:
Ndola was the first place in Zambia where I found a functioning ATM. I had been using the money changers for the first week. Cash is very much still king in Africa. And you should be prepared too.
USD and Euros are the easiest currencies to change.
Ndola has more banks than anywhere I have seen on this trip so far, with every bank in Zambia being represented here.
- FNB Bank
- Ecobank
- Access Bank
- Atlasmara Bank
Ndola was the first place in Zambia where I found a functioning ATM. I had been using the money changers for the first week. Cash is very much still king in Africa. And you should be prepared too.
USD and Euros are the easiest currencies to change.
Ndola has more banks than anywhere I have seen on this trip so far, with every bank in Zambia being represented here.
1. FNB:
FNB Zambia is a subsidiary of FNB South Africa, a wholly owned division of FirstRand Bank.
There are no FNB withdraw charges in Zambia.
I used the FNB bank in Ndola with a UK-issued Wise VISA card. FNB ATMs in Zambia don't accept Mastercard. The FNB ATM withdrawal limit is 2000Kw.
There are no FNB withdraw charges in Zambia.
I used the FNB bank in Ndola with a UK-issued Wise VISA card. FNB ATMs in Zambia don't accept Mastercard. The FNB ATM withdrawal limit is 2000Kw.
2. Ecobank:
I successfully used the Ecobank in Kenya but was let down by Ecobank in Uganda where they added a withdrawal fee without warning me, so I could not accept or decline. It wasn't until later I saw the fee.
But in Zambia, there are no withdrawal fees at the Ecobank. Used with a UK-issued Wise VISA card and UK issued Mastercard.
Security told me, ordinarily that the withdrawal limit is 6,000 but the ATM is filled with only 50s, so the limit is 3,000.
Ecobank accepts both Visa and Mastercard.
But in Zambia, there are no withdrawal fees at the Ecobank. Used with a UK-issued Wise VISA card and UK issued Mastercard.
Security told me, ordinarily that the withdrawal limit is 6,000 but the ATM is filled with only 50s, so the limit is 3,000.
Ecobank accepts both Visa and Mastercard.
3. Access Bank Zambia:
I used Access Bank Zambia in Lusaka. Their ATMs accept only Visa.
4. Atlasmara
The Atlasmara ATM in Zambia gives you free cash withdrawals with VISA only.
If asked, you must select SAVINGS ACCOUNT.
I used both ATMs in Livingstone and selected the wrong type of account. My request was declined. The other ATM was newer and it did not ask which type of account.
Photo is from Lusaka:
If asked, you must select SAVINGS ACCOUNT.
I used both ATMs in Livingstone and selected the wrong type of account. My request was declined. The other ATM was newer and it did not ask which type of account.
Photo is from Lusaka:
Changing money in Zambia: The USD gets by far the best rate at the bank and money changers. The Euro and Pound Sterling rates are very low.
For example, using my WISE card at the ATM and paying the hotel or supermarket I was getting 25.60Kw to the pound. Money changers were only giving 21Kw. I even saw 20Kw.
For example, using my WISE card at the ATM and paying the hotel or supermarket I was getting 25.60Kw to the pound. Money changers were only giving 21Kw. I even saw 20Kw.
