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Thursday, September 19, 2019

Nigerians To Start Paying For Bank Deposits In 2020

Image may contain: one or more peopleThe charges will attract three per cent processing fees for withdrawals and two per cent processing fees for lodgments of amounts above N500,000 for individual accounts.
Starting from September 18, 2019, Nigerians operating bank accounts will begin to pay charges for deposits and withdrawals.
Making the announcement on Tuesday, the Central Bank of Nigeria said that the nationwide implementation of the cashless policy will begin by March 2020.
The apex bank said that implementation of the policy would signal the imposition of charges on deposits in addition to already existing charges on withdrawals.
According to the circular, the charges will attract three per cent processing fees for withdrawals
and two per cent processing fees for lodgments of amounts above N500,000 for individual accounts.
For corporate accounts, the apex bank in the circular said that DMBs would charge five per cent processing fee for withdrawals and three per cent for lodgments of amounts above N3m.
The statement, however, disclosed that the charge on deposits would apply in Lagos, Ogun, Kano, Abia, Anambra, and Rivers states as well as the Federal Capital Territory.

GUYS, WHAT DO YOU THINK?
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FACEBOOK COMMENTS

Micheal Callix Oyibo

If that's so to he'll with their banks.

Chibuike Gabriel Chineke

I don't even on know what is wrong with this country...

Rhaymond Horpeymi Oopp

And some Mad human being will still support those newit calling themselves leaders, its a big shame to the entire citizen and the country at large, no one is talking or protesting about this, look at hongkong that island under china, Venezuela as an example,Honduras also many many other countries like that, they come together as one to fight for their Rights, but here in this black contaminated Africa especially Nigeria, what we only care for is social media and flashy/fake life... Some can even kill themselves because of fake life,.... In Nigeria what we only do is to fight and accuse the leader only on social media, that's why those leaders knew we are all fools and we ain't gonna talk about it nor protest... I know that there is no Defident of Democracy here in this country... No wonder we ain't progressing, even if the CBN would think about this schizophrenic system they should have a standard and comfortable reason why they actualized it....... I knw God wrath is coming and one day those people misleading this country in an improper way may Almighty God struck them with uncureable sicknees, for suffering the masses their generations will never know peace.......
Am still proud of my Country, no man's land but for all......
1

Sara-ann Jacob Udoh

I will keep my money at home

Rasheed Alao

Some Nigerians will still believe this Government is for the Poor

Shotonwa Oluwa Seun

Next level don begin
Esese bere
omo elomi afe salo

Dammie Cartha

I pray aboki will not dig grave and bury all of u one day

Ikwuamaka Nwazuru

Wer carpenter, abeg con build koloo 4 mi. I now know y my grandfather hide money inside a hole near es bedside

Meet Jonaz

So my money own money that I worked for again, not stolen money oo

John Grace Esene

This government is fraud oriented.
All they want is extort the poor.
I blame Goodluck for handing over to them.

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