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CBN Reintroduces N65 Charges On Cash Withdrawals On ‘other Banks’ Atms - Business (9) - Nairaland

Nairaland Forum / Nairaland / General / Business / CBN Reintroduces N65 Charges On Cash Withdrawals On ‘other Banks’ Atms (60128 Views)

CBN Introduces New Charges On ATM Cards, Cheques / Access Bank To Deactivate ATM Cards Trapped In Other Banks' ATMs / Transfers From GTB Savings Account To Other Banks Is Now Enabled (2) (3) (4)

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Re: CBN Reintroduces N65 Charges On Cash Withdrawals On ‘other Banks’ Atms by greall1: 1:41pm On Aug 14, 2014
The problem of Nig is Nobody is ready to die revolution is the best dis pple always believe that we don't have an option than to accept their decission.. GEj addministration is not helping d matter.
Re: CBN Reintroduces N65 Charges On Cash Withdrawals On ‘other Banks’ Atms by olamidayo85: 1:51pm On Aug 14, 2014
eezor:
u r rite bros. i remembered two years ago when i was in calabar, i withdraw with zenith bank atm and surprise they charge me 200 naira twice. calling it " out of country atm charges" so calabar now is cameroon? Bleep zenith bank.

Its calabar republic

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Re: CBN Reintroduces N65 Charges On Cash Withdrawals On ‘other Banks’ Atms by begwong: 1:56pm On Aug 14, 2014
oga cbn,with this yr yeye singular act,your tenure is doomed!

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Re: CBN Reintroduces N65 Charges On Cash Withdrawals On ‘other Banks’ Atms by awo666(m): 1:59pm On Aug 14, 2014
See foolish pple calling sanusi mad man can we now see who the real foolish man is mad emiefiele who doesn't tink abt the masses

2 Likes

Re: CBN Reintroduces N65 Charges On Cash Withdrawals On ‘other Banks’ Atms by awo666(m): 2:02pm On Aug 14, 2014
Ekans: .Ethnic begot, he is not an igbo man ok.
so u can now say he is not an Igbo man. His he not a delta igbo

1 Like

Re: CBN Reintroduces N65 Charges On Cash Withdrawals On ‘other Banks’ Atms by feedthenation(m): 2:19pm On Aug 14, 2014
To all those who are blinded by ethnic and religious sentiments...see your lives outside.

I'm not suprised, those people haven't commented on this thread...bunch of bigots.
Re: CBN Reintroduces N65 Charges On Cash Withdrawals On ‘other Banks’ Atms by kechywillz(m): 2:20pm On Aug 14, 2014
It now looks as if Mallam Sanusi's regime was better than now,why is nigeria always happy to see its citizens suffer? When will these cruel habit end in nigeria? We no get mouth.Baba God,help us na.
Re: CBN Reintroduces N65 Charges On Cash Withdrawals On ‘other Banks’ Atms by onatisi(m): 2:21pm On Aug 14, 2014
UrbanMystique: they charge 100 naira everytime you withdraw on counter. they do it to encourage people to use atm
which means banks will create and deploy more atms machines ,because the more atm machine a bank has the more money the bank will make
Re: CBN Reintroduces N65 Charges On Cash Withdrawals On ‘other Banks’ Atms by wildflower22(f): 2:36pm On Aug 14, 2014
So that means that if i use my ATM twice in a month i will not be charged, i just hope so cos Nigeria is a funny country
Re: CBN Reintroduces N65 Charges On Cash Withdrawals On ‘other Banks’ Atms by Okijajuju1(m): 2:59pm On Aug 14, 2014
ayukdaboss: Our banks may pay for our ATM services but they steal much more secretly or openly. Every month FirstBank charges me about 160naira for SMS charges and some other things I don't even understand yet I don't get any messages at all from them.

My folks who use more services at the bank complain about secret minor deductions regularly etc. yet this man wants us to start paying for our atm services. These banks are clearly getting more gain from us than this 65 naira we're about to start paying them. So if I wan withdraw 1k from another bank I go pay 65naira??

Oh Sanusi where art thou?? Come and save your people
lipsrsealed



FirstBank will even charge you for Birthday SMS.. grin

3 Likes

Re: CBN Reintroduces N65 Charges On Cash Withdrawals On ‘other Banks’ Atms by Blackteeth(m): 3:02pm On Aug 14, 2014
Because of N65 Sanusi is now a good man.
Nigerians oh!!!
Re: CBN Reintroduces N65 Charges On Cash Withdrawals On ‘other Banks’ Atms by yorke1: 3:06pm On Aug 14, 2014
look people that don't even understand anything coming here to rant. Is N65 too much as charges in a month? Some Nigerians just like worrying about some inconsequential things. SMH! God forbid Sanusi is bought back. Sanusi have done much harm to the banking sector than any Governor of CBN.

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Re: CBN Reintroduces N65 Charges On Cash Withdrawals On ‘other Banks’ Atms by fxskye: 3:10pm On Aug 14, 2014
It's a sad news and bad policy from CBN to ordinary man on d street.

Currently, we have lots of unexplainable charges/fees reaped off by Nigerian banks which CBN has not addressed. This is adding salt to an injury.

#BringBackSanusi does not fitting in here. God has already vindicated SLS long ago before now, if we could recount on 2014 events that have unfolded. And obviously, he won't want to come back. HRH Sanusi, may your reigns be long and confort the people of Kano.

#NoToATMFee may be fitted in here. Let's create a thread for it on NL and a tweeter handle also.

We need not to be told that our leaders, or better say Rulers are our enemies.

I knew it from d onset that CBN can never be better by appointing a Governor from Zenith Bank. It's a bank for d halves of d society. Or what do expect from a product of a bank that couldn't support acct opening for middle class of a society other than d cream of d society only.

Let's take up from here.
#NoToATMFee
#SackEmefiele

2 Likes

Re: CBN Reintroduces N65 Charges On Cash Withdrawals On ‘other Banks’ Atms by victorazy(m): 3:11pm On Aug 14, 2014
Next one na introduction of 5,000 note so that he will have his na forever stamped.
Re: CBN Reintroduces N65 Charges On Cash Withdrawals On ‘other Banks’ Atms by jibga(m): 3:14pm On Aug 14, 2014
Bringback SLS
Re: CBN Reintroduces N65 Charges On Cash Withdrawals On ‘other Banks’ Atms by anthoniaz(f): 3:20pm On Aug 14, 2014
ayukdaboss: Our banks may pay for our ATM services but they steal much more secretly or openly. Every month FirstBank charges me about 160naira for SMS charges and some other things I don't even understand yet I don't get any messages at all from them.

My folks who use more services at the bank complain about secret minor deductions regularly etc. yet this man wants us to start paying for our atm services. These banks are clearly getting more gain from us than this 65 naira we're about to start paying them. So if I wan withdraw 1k from another bank I go pay 65naira??

Oh Sanusi where art thou?? Come and save your people
lipsrsealed


I have same problem. The recent one is that I tried transferring money to a customer I ordered goods from and I got an error message, I was debited and the person didn't get the money since 31st July.I have called First Monie customer Care line several times with a promise of rectifying the problem, I have also visited the bank and submitted the form I was asked to fill, yet my money has not been reversed to my account. E be like sey na to dey save money inside house make sense pass instead queuing to collect your money, being charged to withdraw with their numerous charges.I stopped using my Access Bank account because of their numerous charges.I love GTB.
Re: CBN Reintroduces N65 Charges On Cash Withdrawals On ‘other Banks’ Atms by fxskye: 3:21pm On Aug 14, 2014
Okijajuju1:


Erm.. No vex bros..

Did the Police ever leave the road?! Infact, since I landed Lagos last year, I have spotted many checkpoints at the following locations every night:

i. Ikoyi side of Falomo Bridge
ii. Ozumba Mbadiwe exit of Falomo Bridge.
iii. Ajose Adeogun Round-about (these ones sef dey operate 24 hrs depending on how they feel)
iv. Bonny Camp road V.I
v. Lekki 1 Gate
vi. Ikoyi - Lekki Link Bridge



So unless you are telling me these Checkpoints are illegal, I wonder what good work you are speculating the current I.G would mess up.

Thanks.

It seems you have been out of d country for decades. Yes for Decades I said. Be informed that the era of multiple/illegal checkpoints by police men has reduced drastically during Abubakar Mohammed tenure as police chief.

So, the guy u quoted is right.

1 Like

Re: CBN Reintroduces N65 Charges On Cash Withdrawals On ‘other Banks’ Atms by drng: 3:22pm On Aug 14, 2014
Reading this I must say I am indeed disappointed .in this country each CBN governor with his own new policy. They are plan to is to raid us of our money. But can't we the mass stand against such policy? Shld we just take anything they dish out to us? My God we need revolution in this country
Re: CBN Reintroduces N65 Charges On Cash Withdrawals On ‘other Banks’ Atms by morefire: 3:24pm On Aug 14, 2014
i am not surprised at all, this is what happens when you bring people with top interest in the banks to head the CBN.. I have always said this no Bank MD should ever head CBN because in the end favoritism steps in...

Emefiele and zenith sha


oya more policies to come
Re: CBN Reintroduces N65 Charges On Cash Withdrawals On ‘other Banks’ Atms by DAVE5(m): 3:26pm On Aug 14, 2014
ayukdaboss: Our banks may pay for our ATM services but they steal much more secretly or openly. Every month FirstBank charges me about 160naira for SMS charges and some other things I don't even understand yet I don't get any messages at all from them.

My folks who use more services at the bank complain about secret minor deductions regularly etc. yet this man wants us to start paying for our atm services. These banks are clearly getting more gain from us than this 65 naira we're about to start paying them. So if I wan withdraw 1k from another bank I go pay 65naira??

Oh Sanusi where art thou?? Come and save your people
lipsrsealed


i was charged like dis by first(from behind grin) bank, so i complained to the bank several times and all dey say is its sms charges wen i dint get alerts at all... dat bank is screwed 4 real...recently i withdrew wit ATM, money dint come out, went to d bank and they said there was no info on ma withdrawal (maybe cos they know i dont get alerts) so ma money jst flew off like dat but tank God it was a small amt
Re: CBN Reintroduces N65 Charges On Cash Withdrawals On ‘other Banks’ Atms by TUNFOL: 3:26pm On Aug 14, 2014
Eyop:

Good analysis/points you have made my brother. So where do you now bank?
hmmm. is any even better. As a business man I use firstbank and Diamond bank. I also mantain a savings account with GTB-another business killing bank.
Re: CBN Reintroduces N65 Charges On Cash Withdrawals On ‘other Banks’ Atms by fxskye: 3:28pm On Aug 14, 2014
anthoniaz:

I have same problem. The recent one is that I tried transferring money to a customer I ordered goods from and I got an error message, I was debited and the person didn't get the money since 31st July.I have called First Monie customer Care line several times with a promise of rectifying the problem, I have also visited the bank and submitted the form I was asked to fill, yet my money has not been reversed to my account. E be like sey na to dey save money inside house make sense pass instead queuing to collect your money, being charged to withdraw with their numerous charges.I stopped using my Access Bank account because of their numerous charges.I love GTB.

That's Nigerian bank online system for you bros. They are actually online but not real time. The only applicable real time is debit for charges. Where there a hitch, resolution could take a yr.

On Access Bank, it's true. I got to discover that your savings acct get depleted even when no transactions occur on it within a consecutive months despite interest credited.to your acct for d period.

1 Like

Re: CBN Reintroduces N65 Charges On Cash Withdrawals On ‘other Banks’ Atms by madamoringo(f): 3:32pm On Aug 14, 2014
Yungwizzzy: And I follow jubilate when sanusi was removed

God please forgive me

This is how suffer will hammer you Igbos into dust! Na only una waka come? Okay kontinu...:
Re: CBN Reintroduces N65 Charges On Cash Withdrawals On ‘other Banks’ Atms by 9jatatafo(m): 3:33pm On Aug 14, 2014
The is one problem I have every policy in Nigeria, we are never consistent, we are always taking a step forward and 3 backward and recycling policies. These banks steal from us with impunity, now the new CBN just endorsed more stealing by these banks. Why are the so called educated ones managing different parastatals are so clueless or is it money making thing to be appointed the apex bank governor? The other I heard the new CBN gov ordered that all trapped ATM cards perforated and destroyed so that when you apply for a new one, your bank will charge for re-issuance of a new one. This is hopeless!!! #SanusiComeSaveTheDepositors
Re: CBN Reintroduces N65 Charges On Cash Withdrawals On ‘other Banks’ Atms by madamoringo(f): 3:36pm On Aug 14, 2014
drng: Reading this I must say I am indeed disappointed .in this country each CBN governor with his own new policy. They are plan to is to raid us of our money. But can't we the mass stand against such policy? Shld we just take anything they dish out to us? My God we need revolution in this country

Na so suffer to dey hammer una dey go! GEJ till 2091. No to Sanusi, yes to the flattie puppet CBN gomina Emefiele.
Re: CBN Reintroduces N65 Charges On Cash Withdrawals On ‘other Banks’ Atms by Okijajuju1(m): 3:37pm On Aug 14, 2014
fxskye:

It seems you have been out of d country for decades. Yes for Decades I said. Be informed that the era of multiple/illegal checkpoints by police men has reduced drastically during Abubakar Mohammed tenure as police chief.

So, the guy u quoted is right.


It seems like you have been either using Air as your means of Transportation or Water cos all those checkpoints I listed are gonna be there TONIGHT, TOMORROW and EVERY OTHER GADDANM DAY.


Did the I.G outlaw Checkpoints?! YES!!

Do Checkpoints still exist despite the abolishment decree?! YES!!!

Has Checkpoints reduced since the decree?! YES!!

But reduction isnt the same as NO MORE CHECKPOINTS..

What Other States apart from Lagos still have checkpoints?! I am sure of Imo State & Anambra State..



I have not been out of the Country Sir, I listed the places where these checkpoints exist, i didnt pull those locations out of thin air. Go to any of these places tonight and if you dont find Checkpoints there, I owe you. Hells, the one on Ajose Adeogun operate even in broad daylight sef. angry

Shoooo!! The people in Abuja can say what they like on T.V, but on the streets, The hussle is very real. #Believe.

1 Like

Re: CBN Reintroduces N65 Charges On Cash Withdrawals On ‘other Banks’ Atms by Eyop: 3:37pm On Aug 14, 2014
TUNFOL: hmmm. is any even better. As a business man I use firstbank and Diamond bank. I also mantain a savings account with GTB-another business killing bank.
My brother the hype about Zenith bank is something else i must tell you. I opened a Corporate Account with Zenith Bank last year and later there was need for a USD account from same bank but can you imagine that after submitting inflow and outflow evidences they still didn't open up the account. I have told my account officer who happens to be a family friend that i kept mute all these while because he's involved because if i should take the matter up from the top,his job might be affected. Some of these banks are noise makers & they are just interested in some classes of business men. FCMB keeps bombarding me with calls and e-mails to come open up an account with them but Zenith Bank doesn't send you. Am just considering either Diamond or Stanbic IbTC now
Re: CBN Reintroduces N65 Charges On Cash Withdrawals On ‘other Banks’ Atms by madamoringo(f): 3:40pm On Aug 14, 2014
victorazy: Next one na introduction of 5,000 note so that he will have his na forever stamped.

Of course! Anything to hammer you dumbfucks down is fine with me! GEJ till suffer balds every flat and useless head over there!
Re: CBN Reintroduces N65 Charges On Cash Withdrawals On ‘other Banks’ Atms by meforyou1(m): 3:43pm On Aug 14, 2014
in port harcourt, first bank ATMs reject gtbank cards
Re: CBN Reintroduces N65 Charges On Cash Withdrawals On ‘other Banks’ Atms by cicero11: 3:44pm On Aug 14, 2014
Since they have started collecting charges on withrawals on other banks ATM,would they also stop charging ATM card fees for first ATM card application?
Re: CBN Reintroduces N65 Charges On Cash Withdrawals On ‘other Banks’ Atms by gawu1: 3:47pm On Aug 14, 2014
yorke1: look people that don't even understand anything coming here to rant. Is N65 too much as charges in a month? Some Nigerians just like worrying about some inconsequential things. SMH! God forbid Sanusi is bought back. Sanusi have done much harm to the banking sector than any Governor of CBN.
It is not N65 per month but N65 per transaction after first three transactions same month. That is, if you have withdrawn 3 times, any other time you do again in the same month you will be charged N65 until another new month when you may have grace of 3 free transactions.
So can you see what you calling inconsequential? Beside, most ATm don't dispense more than N20,000 per transaction.

1 Like

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