Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,194,725 members, 7,955,740 topics. Date: Sunday, 22 September 2024 at 02:08 PM |
Nairaland Forum / Nairaland / General / Business / We’ve Not Reintroduced ATM Charges —CBN (3934 Views)
We’ve Not Reintroduced ATM Charges —CBN / Banks To Start Zero ATM Charges On Dec 17. / Banks And Interswitch To Increase ATM Charges (2) (3) (4)
We’ve Not Reintroduced ATM Charges —CBN by victorVIC1(m): 7:48am On Aug 15, 2014 |
LAGOS—The Central Bank of Nigeria, CBN, yesterday said it has not http://www.vanguardngr.com/2014/08/weve-reintroduced-atm-charges-cbn/#sthash.okrGmLM0.dpu 1 Like |
Re: We’ve Not Reintroduced ATM Charges —CBN by Burger01(m): 7:54am On Aug 15, 2014 |
Some 'mischievous' bankers are doing everything possible to milk the customers dry |
Re: We’ve Not Reintroduced ATM Charges —CBN by Nobody: 7:57am On Aug 15, 2014 |
i now see reasons |
Re: We’ve Not Reintroduced ATM Charges —CBN by Nobody: 8:02am On Aug 15, 2014 |
The CBN is confused,why discourage multiple withdrawal,yet they are clamouring for cashless society. I for one,I can withdraw many times a day,I only withdraw only what I need for a purpose,cos one of my weakness is spendthrift when with huge amount..this is nothing short of policy somersault. 4 Likes |
Re: We’ve Not Reintroduced ATM Charges —CBN by jmoore(m): 8:04am On Aug 15, 2014 |
“So that is why we said, you can go to an ATM other than your bank |
Re: We’ve Not Reintroduced ATM Charges —CBN by aljharem(m): 8:05am On Aug 15, 2014 |
[quote author=jmoore][/quote] that is all that is needed to say |
Re: We’ve Not Reintroduced ATM Charges —CBN by jmoore(m): 8:09am On Aug 15, 2014 |
Yomieluv: The CBN is confused,why discourage multiple withdrawal,yet they are clamouring for cashless society. I for one,I can withdraw many times a day,I only withdraw only what I need for a purpose,cos one of my weakness is spendthrift when with huge amount..this is nothing short of policy somersault. Cashless policy has nothing to with withdrawal. If you are touching the cash then its not cashless. 6 Likes |
Re: We’ve Not Reintroduced ATM Charges —CBN by aljharem(m): 8:10am On Aug 15, 2014 |
There is be no charges for people withdrawing their money from any ATM from any financial institution unless it is operated by a private company. Why make interest on our money and still charge us on withdrawal. Afterall, we Nigerians don't see any interest paid into our accounts. The law should be reverted immediately 1 Like |
Re: We’ve Not Reintroduced ATM Charges —CBN by stinggy(m): 8:12am On Aug 15, 2014 |
'It is when you make your fourth withdrawal that you'll be charged' I hate how this sounds We all know how banks try all their best to cheat customers. I bet some people will be charged right from their first withdrawal! You can't be pushing for a cashless economy and yet come up with this thoughtless charge. *pissed off* 1 Like |
Re: We’ve Not Reintroduced ATM Charges —CBN by koboko69: 8:13am On Aug 15, 2014 |
[b]it was discovered that people have actually turned ATMs into their personal purses because nothing is charged. Somebody needs N500, or N1000, he will go to ATM and withdraw, he needs N2000, he will go to ATM and withdraw, so that in a day some people can patronise ATM for up to four or ten times.Who discovered this blantant lie? Who likes going through the stress of going to an ATM even once? Lets assume thia is correct, what % of Nigerians does that. Majority of Nigerians even have to drive, or use other means of transport to get to an ATM point. What is wrong in withdrawing 500 or 1000? Does one have to withdraw more than he needs? This banks are making a whole lot money from depositors money why cant they pay for switches. They post huge profits at the end of every year, whilst paying the switches so what burden are we talking about here. As a matter of fact, the money still goes round the banks, because the same way onr uses a GTB atm in Zenith, is the same way someone is using Zenith's ATM in GTB, meaning as GTB is paying Zenith and the switch network, Zenith is also paying GTB and the switch network in another terminal. Indeed the cluelessness of this administration is as infectious as EBOLA, Sanusi only had natural immunity and was sacked cos of that.[/b] 8 Likes |
Re: We’ve Not Reintroduced ATM Charges —CBN by aljharem(m): 8:14am On Aug 15, 2014 |
stinggy: 'It is when you make your fourth withdrawal that you'll be charged' 2 Likes |
Re: We’ve Not Reintroduced ATM Charges —CBN by Nobody: 8:20am On Aug 15, 2014 |
”Between 2012 and recently when the review was done, it was discovered that people have actually turned ATMs into their personal purses because nothing is charged. Somebody needs N500, or N1000, he will go to ATM and withdraw, he needs N2000, he. will go to ATM and withdraw, so that in a day some people can Sometimes you tend to question if southerners have human face when implementing policies. The same CBN that encouraged the poor man on the street to open a bank account, discouraged him from queueing in the banking and forced him to apply for an Atm card is now telling him he's disturbing the commercial banks on top of his money. The North always consider their people whenever they find themselves in positions but the south is always concerned about profit-making. Obj increased the price of fuel same as Jonathan but Yardua brought it down and now the southern CBN governor just re-introduced a charges that once made accessiblity to Atm convinient for the ordinary man. 11 Likes |
Re: We’ve Not Reintroduced ATM Charges —CBN by stinggy(m): 8:35am On Aug 15, 2014 |
Bluetooth2: Hmmmm..... after minutes of thought, I think you're right 6 Likes |
Re: We’ve Not Reintroduced ATM Charges —CBN by macklef(m): 9:14am On Aug 15, 2014 |
Bankers are greedy. Yes, alot of money is invested in formating banks, but they dont see how much profit is too much as the expense of poor people. Bank echelon workers living big, no matter how many they are, have flashy cars, bag millions every month, nlive in flamboyant houses and gets unlimited freebies like petrol n d rest. Yet they see maintaing of ATM machines a big deal, so they dont cut off dier fat take home pay. First bank is the worst, out of 4 ATM machines, only 1 will be allowed to work, so that they would be a long queue and people will dread coming to the ATM to make witdrawals. How much is used to maintain this ATm machines sef, apart from the contract staff dey employ and the cost of inverter n battries that last for months, what else, Greedy peole need 65 naira from lets say 1000 peope a day, 65,000 a day, x 30 days. Almost 2 million naira, they dont maintain more than 5 staff on atm collecting about 60k/month. Well atleats they say its a charge for forth withdrawal, i cant witdraw more than 2wice a day anyways. Mtchewww. |
Re: We’ve Not Reintroduced ATM Charges —CBN by egopersonified(f): 10:16am On Aug 15, 2014 |
Correct me if i'm wrong, but I think some banks used to charge N100 per month, while others charged per withdrawal. How did those that charged monthly pay for this N65 then? 1 Like |
Re: We’ve Not Reintroduced ATM Charges —CBN by Firefire(m): 10:24am On Aug 15, 2014 |
ok |
Re: We’ve Not Reintroduced ATM Charges —CBN by Liability(m): 10:29am On Aug 15, 2014 |
accessbank please stop sending unnecessary message to me. Am tired! |
Re: We’ve Not Reintroduced ATM Charges —CBN by adedayourt(m): 10:29am On Aug 15, 2014 |
Foolish people foolishing themselves since 1960 |
Re: We’ve Not Reintroduced ATM Charges —CBN by Joshuadon: 10:32am On Aug 15, 2014 |
really zo who z dis person carrying false news all about |
Re: We’ve Not Reintroduced ATM Charges —CBN by Nobody: 10:32am On Aug 15, 2014 |
Why is it that majority of Nigerians find it difficult to read?So easy to just read headline and start raining abuses on persons and institutions. I personally think this is a good move by CBN. If you withdraw more than 3times a day, then you need to get more organised, plan your day and spendings. Everyone gets into business to make profit. By the way, if you think N65 is too much price to pay for the convinience, keep your money in a potty under your bed. Shikena! 1 Like |
Re: We’ve Not Reintroduced ATM Charges —CBN by Shehucom(m): 10:34am On Aug 15, 2014 |
Well, what can i say FAIR ENOUGH 1 Like |
Re: We’ve Not Reintroduced ATM Charges —CBN by sirjohnson(m): 10:35am On Aug 15, 2014 |
So who started this shenanigans |
Re: We’ve Not Reintroduced ATM Charges —CBN by MizMyColi(f): 10:36am On Aug 15, 2014 |
Vanguard? Please link me to another source carrying this story? |
Re: We’ve Not Reintroduced ATM Charges —CBN by Nobody: 10:37am On Aug 15, 2014 |
Too much grammar are charging any money? yes or no?? |
Re: We’ve Not Reintroduced ATM Charges —CBN by mployer(m): 10:38am On Aug 15, 2014 |
egopersonified: Correct me if i'm wrong, but I think some banks used to charge N100 per month, while others charged per withdrawal. How did those that charged monthly pay for this N65 then?I think they started charging N100 per month after the N100 per withdrawal was stopped. I wonder if they are going to continue with that considering the re-introduction of withdrawal charges. |
Re: We’ve Not Reintroduced ATM Charges —CBN by Azedplus(m): 10:39am On Aug 15, 2014 |
trust Nigeria policy makers will always come up with a defense for their bad & inconsistent policies, knowing fully well that I can't withdraw a #35,000 but twice ( a limitation on how many withdrawal I can make) so why say people make multiple withdrawal when u don't allow me withdraw my 50k at once. Bull.shit 5 Likes |
Re: We’ve Not Reintroduced ATM Charges —CBN by Nobody: 10:44am On Aug 15, 2014 |
put the blame on GEJ |
Re: We’ve Not Reintroduced ATM Charges —CBN by truth4meal(m): 10:44am On Aug 15, 2014 |
whoever made this useless and greedy policy just made Sanusi a hero... 2 Likes |
Re: We’ve Not Reintroduced ATM Charges —CBN by johnjay4u2u(m): 10:48am On Aug 15, 2014 |
okay |
Re: We’ve Not Reintroduced ATM Charges —CBN by Aromas: 10:48am On Aug 15, 2014 |
truth4meal: whoever made this useless and greedy policy just made Sanusi a hero... 1 Like |
Re: We’ve Not Reintroduced ATM Charges —CBN by valmunich(m): 10:49am On Aug 15, 2014 |
Bluetooth2: Do you always have to 'regionalize' everything? What happened to one Nigeria? SMH |
(1) (2)
Wearetogether.ng COVID-19 Stimulus Package By Nigerian Startups. / Govs. Amaechi And Oshiomhole Condem FG's Economic Policy / Sugar Council Projects 1.58mt For 2018
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 39 |