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Diamond Bank Cheques Will Become Invalid From March 1st 2020 - Business - Nairaland

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Diamond Bank Cheques Will Become Invalid From March 1st 2020 by ogbiwa: 1:08pm On Feb 27, 2020
Access bank plc has directed that all Diamond Bank cheques will no longer be valid for transaction at the end of this month.

Banks across the country have given notice to customers that as from 27th of Febuary, Diamond bank cheques will not be accepted for clearing at the inter bank market.

One of such notice said “This is to inform you that Access Bank Plc has directed that effective March 1, 2020, Diamond Bank cheques will no longer be valid for clearing.
Consequently, from February 27, 2020, Diamond Bank cheques will not be accepted at any of our branches.

It will be recalled that Access Bank acquired Diamond Bank on the approval of its shareholders.

Access agreed to the takeover after Diamond Bank had struggled since 2016 to bolster its capital following loan losses which had forced the bank to sell its foreign subsidiaries.

U.S. private equity firm Carlyle is one of the main shareholders in Diamond Bank, which has a strong focus on banking for retail customers and small businesses.

https://businessnewsreport.com.ng/diamond-bank-cheque-will-not-be-valid-for-transaction-from-march-1/

1 Like 1 Share

Re: Diamond Bank Cheques Will Become Invalid From March 1st 2020 by logon599: 1:09pm On Feb 27, 2020
Truth is, with advent of CBN's cashless policy, cheques are slowly taking the backseat. Except in some special cases, nobody will usually want to be paid via cheque when you can easily do an instant transfer.

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21 Likes 2 Shares

Re: Diamond Bank Cheques Will Become Invalid From March 1st 2020 by Dandsome: 4:22pm On Feb 27, 2020
And they're saying it now?

When did they start giving the notice?

12 Likes 1 Share

Re: Diamond Bank Cheques Will Become Invalid From March 1st 2020 by Deivid10(m): 4:22pm On Feb 27, 2020
Re: Diamond Bank Cheques Will Become Invalid From March 1st 2020 by Legendguru: 4:22pm On Feb 27, 2020
Really
Re: Diamond Bank Cheques Will Become Invalid From March 1st 2020 by dadebayo1(m): 4:23pm On Feb 27, 2020
Noted.. Guess for the big boyz.... Cos transfer ti take over
Re: Diamond Bank Cheques Will Become Invalid From March 1st 2020 by MrThisandthat(m): 4:24pm On Feb 27, 2020
Who still uses cheque anyways

7 Likes 3 Shares

Re: Diamond Bank Cheques Will Become Invalid From March 1st 2020 by Patrioticman007(m): 4:24pm On Feb 27, 2020
The recapitalization of our banks by Soludo gave birth to financial insecurities to our economical sectors. Ever since then, it has been from mmm, to Amcon taking over of failing banks.
Re: Diamond Bank Cheques Will Become Invalid From March 1st 2020 by Acsm(m): 4:24pm On Feb 27, 2020
..

1 Like

Re: Diamond Bank Cheques Will Become Invalid From March 1st 2020 by Dadaboy: 4:24pm On Feb 27, 2020
grin
Re: Diamond Bank Cheques Will Become Invalid From March 1st 2020 by okomile(f): 4:25pm On Feb 27, 2020
No comment crew
Re: Diamond Bank Cheques Will Become Invalid From March 1st 2020 by Ofemmanu1: 4:25pm On Feb 27, 2020
finally
Re: Diamond Bank Cheques Will Become Invalid From March 1st 2020 by Kelvin30286063(m): 4:26pm On Feb 27, 2020
Their headache
Re: Diamond Bank Cheques Will Become Invalid From March 1st 2020 by Simplebeauty: 4:26pm On Feb 27, 2020
angry grin

1 Like

Re: Diamond Bank Cheques Will Become Invalid From March 1st 2020 by MrThisandthat(m): 4:26pm On Feb 27, 2020
Acsm:
If you have Diamond bank master card... Holla

Deal is massive!



What of expired one

12 Likes

Re: Diamond Bank Cheques Will Become Invalid From March 1st 2020 by Kingpele(m): 4:26pm On Feb 27, 2020
Chai my diamond is now in the past, tomorrow get Bella no be joke na fact

1 Like

Re: Diamond Bank Cheques Will Become Invalid From March 1st 2020 by Acsm(m): 4:26pm On Feb 27, 2020
MrThisandthat:




What of expired one

Doesn't matter
My number on my profile
Re: Diamond Bank Cheques Will Become Invalid From March 1st 2020 by Ibcrown(m): 4:27pm On Feb 27, 2020
Acsm:
If you have Diamond bank master card... Holla

Deal is massive!
them no dey issue am again. I've tried getting it. Me self need am to blow walai
Re: Diamond Bank Cheques Will Become Invalid From March 1st 2020 by Mutemenot(m): 4:27pm On Feb 27, 2020
That's how almighty diamond went on its knees
Re: Diamond Bank Cheques Will Become Invalid From March 1st 2020 by henryutd(m): 4:27pm On Feb 27, 2020
Another income from cheque book request loading for Access bank.

4 Likes

Re: Diamond Bank Cheques Will Become Invalid From March 1st 2020 by DCmonster: 4:27pm On Feb 27, 2020
Acsm:
If you have Diamond bank master card... Holla

Deal is massive!
I have trinidad, American and virgin islands account for sure loaders.

1 Like

Re: Diamond Bank Cheques Will Become Invalid From March 1st 2020 by Badonasty(m): 4:28pm On Feb 27, 2020
make una shine una eyes...make person no go give you dud cheque
Re: Diamond Bank Cheques Will Become Invalid From March 1st 2020 by Femich18(m): 4:28pm On Feb 27, 2020
And tomorrow is the last working day for the month and the notification just been publicized now..This kind of notification is just too short

9 Likes

Re: Diamond Bank Cheques Will Become Invalid From March 1st 2020 by Nobody: 4:29pm On Feb 27, 2020
Ok
Re: Diamond Bank Cheques Will Become Invalid From March 1st 2020 by Brightergrammer: 4:31pm On Feb 27, 2020
The end is here
Re: Diamond Bank Cheques Will Become Invalid From March 1st 2020 by ivolt: 4:33pm On Feb 27, 2020
MrThisandthat:




What of expired one
Be careful, don't get roped into fraud.

9 Likes 1 Share

Re: Diamond Bank Cheques Will Become Invalid From March 1st 2020 by Nobody: 4:36pm On Feb 27, 2020
Just like that? Was there any notice before hand?

2 Likes

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