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Nairaland Forum / Nairaland / General / Business / CBN's New Policy On Cash Deposits: Nigerians React (58387 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 izzou(m): 3:51pm On Sep 18, 2019 |
pocohantas:
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Re: CBN's New Policy On Cash Deposits: Nigerians React by kikake: 3:51pm On Sep 18, 2019 |
izzou: Tinubu shall cum in 2023. By then, Nigeria would have been like Afghanistan or Somalia. |
Re: CBN's New Policy On Cash Deposits: Nigerians React by alphaNomega: 3:51pm On Sep 18, 2019 |
BlueRayDick: This was how they started 7 years ago and it is still the same states! Swinging back and fort, maximum effort, work done ZERO |
Re: CBN's New Policy On Cash Deposits: Nigerians React by BabaIbo: 3:52pm On Sep 18, 2019 |
BlueRayDick: You're yarning dust, I doubt if you have performed any transaction involving large sum of money. By the time you transfer the money out of your account and network flops or it didn't enter the recipient account, the goods that have been packed will be unpacked and sold to another customer in your presence, you will even need to lodge in a hotel because you need to complete the business you traveled to do. I once bought goods from someone, I transfered the money to him but he didn't receive any alert. I waited for sometimes(cos it's not a close/nearby location where I can decide to go and come back later) before the man told me to go with the goods that there is no problem, he will receive it so far I have sent it (he did that base on recognition or trust), had it been he doesn't trust me, what do you think will be my mood There is no way you won't need to do cash payment in some business deals |
Re: CBN's New Policy On Cash Deposits: Nigerians React by Cutehector(m): 3:52pm On Sep 18, 2019 |
pocohantas:lmao, I know say you follow for those wey get 1k for account ... |
Re: CBN's New Policy On Cash Deposits: Nigerians React by geloorrrrdd(m): 3:53pm On Sep 18, 2019 |
BlueRayDick:This cannot apply to shop owners who receives payment for goods daily. Why would they have to pay for deposits above 500k? Clearly, the government does not have the citizens in mind. |
Re: CBN's New Policy On Cash Deposits: Nigerians React by Benda59: 3:53pm On Sep 18, 2019 |
Wakeup NIGERIANS this is a SCAM about to be run live on all Nigerians. Reject it with all you have before its implemented. Blood of Jesus, na CBN Efcc suppose go burst |
Re: CBN's New Policy On Cash Deposits: Nigerians React by Nobody: 3:53pm On Sep 18, 2019 |
Realcash224:this can only be done by some1 using 99% of his brain. kudos |
Re: CBN's New Policy On Cash Deposits: Nigerians React by zubby4567(m): 3:54pm On Sep 18, 2019 |
BlueRayDick:9 ...So u don't know about labourers that work in a site that needs daily pay |
Re: CBN's New Policy On Cash Deposits: Nigerians React by paddyofboss(m): 3:54pm On Sep 18, 2019 |
BlueRayDick:When you wan pay workers for site when nor dey hear English. Shey u will only engage labourers that have account. If I hear say community boiz allow you build house in peace |
Re: CBN's New Policy On Cash Deposits: Nigerians React by tadetobi: 3:55pm On Sep 18, 2019 |
Naija politics be like game, NEXT LEVEL dey always hard |
Re: CBN's New Policy On Cash Deposits: Nigerians React by nextstep(m): 3:55pm On Sep 18, 2019 |
All these reactors, when did they last deposit 500k cash? I've never deposited that much cash, so I'm ok. But CBN is not being reasonable: a business transaction can result in 10% tax (I'm calling it tax) for depositing money, transferring to somebody, then that person withdraws the cash. That same cash will be re-deposited and widthdrawn, and somebody pays this cost each time. Do that 10-20 times and banks/govt has collected 100% the value of that cash in tax. Please where can sign up to be a bank so I can double my money just by having hardworking people move money? |
Re: CBN's New Policy On Cash Deposits: Nigerians React by richPHAROAH: 3:55pm On Sep 18, 2019 |
BlueRayDick:when i wan spray , what happens when i want to pay someone and i dont want him to get my personal detils, what happend? |
Re: CBN's New Policy On Cash Deposits: Nigerians React by Nobody: 3:56pm On Sep 18, 2019 |
Pathetic Check siggy |
Re: CBN's New Policy On Cash Deposits: Nigerians React by BlueRayDick: 3:57pm On Sep 18, 2019 |
BabaIbo: ok |
Re: CBN's New Policy On Cash Deposits: Nigerians React by BlueRayDick: 3:58pm On Sep 18, 2019 |
paddyofboss: Transfer to their oga account and have him settle his boys. |
Re: CBN's New Policy On Cash Deposits: Nigerians React by paddyofboss(m): 3:59pm On Sep 18, 2019 |
Pay your tithe una nor gree now when CBN done force una to collect 2% how e come be |
Re: CBN's New Policy On Cash Deposits: Nigerians React by mallamnari: 3:59pm On Sep 18, 2019 |
BlueRayDick: Yes you are missing something, say you have 15 workers/Labourers at site and you want to pay them 50k each at the end of the day, those laborers don't have account , now tell me how do you do it? |
Re: CBN's New Policy On Cash Deposits: Nigerians React by BlueRayDick: 4:00pm On Sep 18, 2019 |
geloorrrrdd: Once ur deposit reaches 450k send ur boys to deposit in the bank. |
Re: CBN's New Policy On Cash Deposits: Nigerians React by chukwuibuipob: 4:00pm On Sep 18, 2019 |
Kennitrust: |
Re: CBN's New Policy On Cash Deposits: Nigerians React by paddyofboss(m): 4:00pm On Sep 18, 2019 |
BlueRayDick:So he will be the one to bear the brunt. Assuming you are the oga |
Re: CBN's New Policy On Cash Deposits: Nigerians React by lovethchioma(f): 4:03pm On Sep 18, 2019 |
CBN planning to charge people for depositing or withdrawing monies upto 500,000 over the counter because they want to encourage cashless policy. Meanwhile Mr. Fowler is already negotiating with banks on how everyone would have to pay Vat for every transactions done online; of course they already have legal backing. You see, either way, we are stuck... These people mean no good for her citizens, I guarantee you. Always looking for ways to make things difficult than it is already for people. 1 Like |
Re: CBN's New Policy On Cash Deposits: Nigerians React by BlueRayDick: 4:05pm On Sep 18, 2019 |
paddyofboss: See I can easily give u another convinient answer and u will keep spinning it on and on. But the fact remains the government is saying u should have an account , use atm cards, do transfers etc. I've come across several unlettered people who have bank accounts, make use of atm cards etc. When I was in the north, I've been on atm queues with northerners who aren't lettered. I've even assisted some to use their atm. |
Re: CBN's New Policy On Cash Deposits: Nigerians React by Ugosample(m): 4:06pm On Sep 18, 2019 |
abkrgumel: do you know how many failed transactions through our e channels we have every month? |
Re: CBN's New Policy On Cash Deposits: Nigerians React by Godons1: 4:06pm On Sep 18, 2019 |
Built2last: Go to the Propaganda section, this place is not for your type.
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Re: CBN's New Policy On Cash Deposits: Nigerians React by Nobody: 4:07pm On Sep 18, 2019 |
Trash, Emefiele and his boss would be dishing out nonsense policy now and then.. |
Re: CBN's New Policy On Cash Deposits: Nigerians React by chukwuibuipob: 4:09pm On Sep 18, 2019 |
baba Ruga don Brutalized us finish with his anti pipu policy.Tueh! |
Re: CBN's New Policy On Cash Deposits: Nigerians React by olaniyilukman(m): 4:12pm On Sep 18, 2019 |
I can categorically says CBN authorities don't know the exact direction they are heading to. The embarrassment statement is that they designed the policy in order to encourage cashless policy, instead for them to put good stabilization policies in place that will help our economy... |
Re: CBN's New Policy On Cash Deposits: Nigerians React by chukwuibuipob: 4:13pm On Sep 18, 2019 |
is diz not the reason why the evil DSS pick up Sowore and lock him up |
Re: CBN's New Policy On Cash Deposits: Nigerians React by donaldde2: 4:15pm On Sep 18, 2019 |
When you allow robbers to rule you. U are not safe when you decided to keep ur money at home... And govt will consciously and unconsciously rob you.. We are not safe o. You will suffer to make your money, for so much fear to put it in ur house and you suffer more when u ty to keep it in the bank because u will have to stay in the long queue to deposit for safety and same queue to get ur money, is that not suffering for the money you work for Govt and robbers are same |
Re: CBN's New Policy On Cash Deposits: Nigerians React by JayPeeOham: 4:15pm On Sep 18, 2019 |
Nigeria has now become a primary school where the school management can just wake up one morning and dish out one cantankerous policy to detriment of the pu[ils and expect them not to complain or revolt.....after all they are just children!!!!!! SMH |
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