bank charges

GTB, Zenith, UBA, others shun CBN’s order on ATM withdrawal fee

Finance /

Money Deposit Banks (MDB) have continued to act in defiance of the Central Bank of Nigeria (CBN) guidelines specifically reducing the payable charge for Remote-on-Us transactions. For clarity, Remote-on-Us transaction is when a bank customer withdraws from another bank’s ATM. The guidelines, released in January 2022, had among other reviews pegged bank service charge for […]

GTB, Zenith, UBA, others shun CBN’s order on ATM withdrawal fee Read More »

This Is How To Know If Your Bank Is Stealing Your Money

2 Comments / Education, Finance /

A major complaint by consumers of banking services in Nigeria is the multiplicity of charges being levied on transactions. Some of such charges are questionable and against regulatory instructions. Consumertrics findings reveal a preponderance of bank customers is unhappy with the reality but often fail to ask questions, or lodge a complaint in situations of

This Is How To Know If Your Bank Is Stealing Your Money Read More »