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Nairaland Forum / Nairaland / General / Business / CBN's New Policy On Cash Deposits: Nigerians React (58388 Views)
CBN Suspends Processing Fees On Large Cash Deposits / First Bank Accepts CBN New Board As Adeduntan Resumes / CBN New Policy On Cryptocurrency: What You Should Know (2) (3) (4)
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Re: CBN's New Policy On Cash Deposits: Nigerians React by aycapri(m): 3:27pm On Sep 18, 2019 |
That is what you guys voted for nah, vision 2020 my foot.... |
Re: CBN's New Policy On Cash Deposits: Nigerians React by Nobody: 3:27pm On Sep 18, 2019 |
YOU GUYS REFUSE TO TELL THE GULLIBLE MAN IN THE OFFICE NOT TO TAKE TRAMADOL BEFORE RESUMING OFFICE |
Re: CBN's New Policy On Cash Deposits: Nigerians React by biosystech: 3:27pm On Sep 18, 2019 |
izzou:7.5% and not 7.2% as earlier said. |
Re: CBN's New Policy On Cash Deposits: Nigerians React by Denique(f): 3:28pm On Sep 18, 2019 |
izzou:They will soon know "waris gorin hon eventuarry"
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Re: CBN's New Policy On Cash Deposits: Nigerians React by Tonymegabush1(m): 3:29pm On Sep 18, 2019 |
Pls na cash transaction CBN is after, if you feel you dont want to be charged such lodge ur cash in 200k or 300k 1 Like |
Re: CBN's New Policy On Cash Deposits: Nigerians React by Cutehector(m): 3:29pm On Sep 18, 2019 |
How many people here perform transactions more than 500k? Even those having only 1k in there account will be complaining. 5 Likes |
Re: CBN's New Policy On Cash Deposits: Nigerians React by Nobody: 3:30pm On Sep 18, 2019 |
Forward never. Backwards ever. Corruption for ever and ever. |
Re: CBN's New Policy On Cash Deposits: Nigerians React by cassbeat(m): 3:30pm On Sep 18, 2019 |
post=82348843:Bro i know u to be a staunch supporter of buhari and his cohorts so deal with this
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Re: CBN's New Policy On Cash Deposits: Nigerians React by pocohantas(f): 3:30pm On Sep 18, 2019 |
izzou: Onye ara |
Re: CBN's New Policy On Cash Deposits: Nigerians React by wabbyland(m): 3:30pm On Sep 18, 2019 |
BlueRayDick: what about the endless bank fees for transfers, maintenance etc? after transferring to and from, won't I need to withdraw for business, hospital payment and many other things? this government is just deliberately sucking people of their hard-earned money. |
Re: CBN's New Policy On Cash Deposits: Nigerians React by Angelfrost(m): 3:31pm On Sep 18, 2019 |
Doctorfitz: Chief, I stopped taking Nigerians serious a long time ago, especially those that rant online. Leave them to be making noise upandan. Instead of them to tighten their belts for the next level they brought upon themselves. |
Re: CBN's New Policy On Cash Deposits: Nigerians React by Nobody: 3:31pm On Sep 18, 2019 |
God pls teach me how to hack any bank |
Re: CBN's New Policy On Cash Deposits: Nigerians React by Nobody: 3:31pm On Sep 18, 2019 |
izzou: This what happens in a country where people dont pay taxes or the tax authorities are too lazy to go after people who dont pay tax |
Re: CBN's New Policy On Cash Deposits: Nigerians React by 9jatriot(m): 3:31pm On Sep 18, 2019 |
This does not affect online transfers so why the halabolo Even people when non get 50k for account de shout "Enjoy your next level". The policy is to discourage the use of cash. Why on earth would anyone want to move physical half a million with all the security challenges if the transaction is not under duress or not a clean one. 2 Likes |
Re: CBN's New Policy On Cash Deposits: Nigerians React by BlueRayDick: 3:32pm On Sep 18, 2019 |
airsaylongcon: So u mean u will take over 500k in cash to computer village to buy iphone 11? Like seriously? Even if u want to, this new policy will make Emeka reason that it won't be a wise decision to collect over 500k in cash from you since he will be charged by the bank when he decides to lodge it in his account. Hence, he will insist u make transfer or use POS. 3 Likes |
Re: CBN's New Policy On Cash Deposits: Nigerians React by pocohantas(f): 3:35pm On Sep 18, 2019 |
Cutehector: See them. Here to defend their employers. 3 Likes
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Re: CBN's New Policy On Cash Deposits: Nigerians React by Nobody: 3:37pm On Sep 18, 2019 |
post=82348843:Beta gree because na una put us for dis kasala |
Re: CBN's New Policy On Cash Deposits: Nigerians React by airsaylongcon: 3:37pm On Sep 18, 2019 |
BlueRayDick: I'm asking. Haven't u used POS and it fails? Switch to Internet banking and it fails? And even if you do transfer from zenith to gtbank e no dey go until one hour after? Emeka will prefer you withdraw the cold 500k from Zenith for him to sharperly go and pay into his GT instead of all the POS and "Transfer" wàhálà 2 Likes 1 Share |
Re: CBN's New Policy On Cash Deposits: Nigerians React by BlueRayDick: 3:37pm On Sep 18, 2019 |
wabbyland: Baba hospital get account wey u fit transfer to now. Ur business partner sef get account wey u fit transfer to. The policy is expecting u to have cash less than 500k which obviously can take care of groceries, bus fare, uber, and some other day to day needs now. The goal is to encourage u to use alternative channels for transactions na. 1 Like |
Re: CBN's New Policy On Cash Deposits: Nigerians React by brownbib(m): 3:38pm On Sep 18, 2019 |
Resolutions of NEXT LEVEL. |
Re: CBN's New Policy On Cash Deposits: Nigerians React by bizhop01: 3:42pm On Sep 18, 2019 |
What will happen to cashless policy? |
Re: CBN's New Policy On Cash Deposits: Nigerians React by owowa145(m): 3:42pm On Sep 18, 2019 |
BlueRayDick:U are talking as if we are at dat level yet. As if the Internet of Things (IOT) is in perfect consideration. As if the needed facilities are well in place. That was how pple suggested the government should chase foreign firms away as if there is sufficient investments in place to employ pple. Lets be guided pls. |
Re: CBN's New Policy On Cash Deposits: Nigerians React by AFONJAPIG(m): 3:42pm On Sep 18, 2019 |
Why are they wailing We are not even in half quarter of Next Level and they have started wailing already... Unah never see something, sai barbar till 2055 |
Re: CBN's New Policy On Cash Deposits: Nigerians React by izzou(m): 3:44pm On Sep 18, 2019 |
BlueRayDick: https://www.google.com/amp/s/punchng.com/firs-imposes-vat-on-online-transactions-january/amp/ Oh yes. You are missing alot Read that link, and explain again if the CBN and FIRS are making common sense together 1 Like |
Re: CBN's New Policy On Cash Deposits: Nigerians React by Spechialone(f): 3:44pm On Sep 18, 2019 |
Here we go again |
Re: CBN's New Policy On Cash Deposits: Nigerians React by Nobody: 3:46pm On Sep 18, 2019 |
Please confirm this doesn't affect transfers |
Re: CBN's New Policy On Cash Deposits: Nigerians React by BlueRayDick: 3:46pm On Sep 18, 2019 |
owowa145: Did u read the cbn circular? There are about 6 states or thereabouts to be used as pilot survey for the first few months before it's adopted nationwide by March 2020. If the implementation is not feasible as u most people want to claim then they can decide to shelve the plan. |
Re: CBN's New Policy On Cash Deposits: Nigerians React by Edyice: 3:47pm On Sep 18, 2019 |
Buhari will be like ( in buharis voice) :. Osinbade our NEXT LEVEL furlicy (policy ) will finish this lazy youth
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Re: CBN's New Policy On Cash Deposits: Nigerians React by Stillthebest: 3:48pm On Sep 18, 2019 |
Doctorfitz: In fact, you get sense. |
Re: CBN's New Policy On Cash Deposits: Nigerians React by izzou(m): 3:48pm On Sep 18, 2019 |
9jatriot: https://www.google.com/amp/s/punchng.com/firs-imposes-vat-on-online-transactions-january/amp/ Educate yourself 1 Like |
Re: CBN's New Policy On Cash Deposits: Nigerians React by abuhari: 3:50pm On Sep 18, 2019 |
Very bad decision, This government never calculate fact and figures before implementing their decision, possibly they forget our people from rural areas and much of those places no any bank and you most pay cash. All is well |
Re: CBN's New Policy On Cash Deposits: Nigerians React by alphaNomega: 3:50pm On Sep 18, 2019 |
flemsy15: Your post just echoed my mind. This is ridiculous. CBN is running the bank like an extortionist outfit. They have certain accounts they are targeting but they always miss and hit the little guys like us. 1 Like |
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