Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,194,172 members, 7,953,639 topics. Date: Thursday, 19 September 2024 at 09:30 PM |
Nairaland Forum / Nairaland / General / Business / Polaris Bank's Notice Of Cashless Policy Implementation (30642 Views)
Bread Producers Serve Notice Of Imminent Hike In Prices / Some Effect Of Cashless Policy / CBN Cashless Policy Is Good For POS Business (2) (3) (4)
Polaris Bank's Notice Of Cashless Policy Implementation by JKisOK(m): 2:32am On Sep 20, 2019 |
Banks Defy Legislature, Serve Notice Of Cashless Policy Implementation Despite the House of Representatives directive that CBN and banks stop the implementation of the latest cashless policy initiative, some banks appear bent on going on with the move. Polaris Bank, for example, has served notice to its customers. Nigerians see the move as fleecing bank customers by financial institutions with the active connivance of the CBN. The House of Representatives responded to these misgivings by ordering the banks to shelve the plan. But banks, standing to benefit, seem determined to go on with the plan. Now it is a matter of who blinks first and whose words will hold water: the Legislature or the banks. ATTENTION PLEASE...
|
Re: Polaris Bank's Notice Of Cashless Policy Implementation by BarrElChapo(m): 2:36am On Sep 20, 2019 |
ofcourse they are the beneficiaries.. what do you expect.. being a Nigerian is definitely Hell 29 Likes 1 Share |
Re: Polaris Bank's Notice Of Cashless Policy Implementation by 2rez: 2:42am On Sep 20, 2019 |
Hahahaha! First of, shey Naija get legislature talkless of say dem wan defy am? Mstchew! 3 Likes 1 Share
|
Re: Polaris Bank's Notice Of Cashless Policy Implementation by Goldencheese(m): 2:47am On Sep 20, 2019 |
Nigerians deserve better than this! ....we help businesses prepare their business plans, financials, carry out their feasibility surveys and generally support them through diverse business development services. You can try us today. 4 Likes |
Re: Polaris Bank's Notice Of Cashless Policy Implementation by 2rez: 2:47am On Sep 20, 2019 |
BarrElChapo: So u sef dey fly like me for night? U don shapaly reach here I envy your flying speed. 6 Likes 2 Shares
|
Re: Polaris Bank's Notice Of Cashless Policy Implementation by BarrElChapo(m): 2:50am On Sep 20, 2019 |
baba I just dey test my new flying mat o.. V16 turbo supercharged engine. The best ! 2rez: 7 Likes |
Re: Polaris Bank's Notice Of Cashless Policy Implementation by 2rez: 2:55am On Sep 20, 2019 |
BarrElChapo: Chai! I talk am na. The engine na super true true . E go be the upgraded version of Aladin mat i guess . Aliexpress go get? Asking for a neighbor. 1 Like 1 Share |
Re: Polaris Bank's Notice Of Cashless Policy Implementation by BarrElChapo(m): 2:59am On Sep 20, 2019 |
AliExpress too far nah.. you can source locally na BeninExpress sure die o.. Latest tech Fully padded That your neighbor go dey eternally thankful 2rez: 5 Likes |
Re: Polaris Bank's Notice Of Cashless Policy Implementation by 2rez: 3:11am On Sep 20, 2019 |
BarrElChapo: Infact ehn, i can't thank u enough. U be the realest. U just buttered a neighbor's bread with your stress free suggestion . Wetin dey sokoto wey man dey find go Sokoto, hmmn. Anywhichway, go update u as e be bruh 3 Likes 1 Share
|
Re: Polaris Bank's Notice Of Cashless Policy Implementation by Phace(m): 3:37am On Sep 20, 2019 |
The bank's excuse will now be that they've not received any directive from CBN, only because the policy favours them. 4 Likes |
Re: Polaris Bank's Notice Of Cashless Policy Implementation by JKisOK(m): 4:38am On Sep 20, 2019 |
Phace:We all are victims and potential victims. OP should please push and let this make front-page so it can attract the necessary attention and action. |
Re: Polaris Bank's Notice Of Cashless Policy Implementation by philip0906(m): 10:45am On Sep 20, 2019 |
Complete ediots If it is what will put money into our pockets, they will all be hesitant and not act quick...but if na to collect our money, sharp sharp, them don send notice & emails...clowns! 10 Likes |
Re: Polaris Bank's Notice Of Cashless Policy Implementation by kirkwood: 10:46am On Sep 20, 2019 |
Lazy government! Btw, I think banks are running away from the 60-40 deposit ratio. It's not fukking any cashless economy. 1 Like |
Re: Polaris Bank's Notice Of Cashless Policy Implementation by WalkerMichael(m): 10:46am On Sep 20, 2019 |
Polaris. Huge fraudsters. Read my experience with those scammers Abalado: That Polaris ehn. Legit frauds. Same with fcmb. I'm going to be closing my two accounts with those two fraudster banks before this week ends. God. They're thieves!!!! I tried to close my Polaris sometimes in February but one agent was just advising me not to, I refused picked a form and asked for the closure. Till today, they haven't and keep deducting my 2,000naira balance that they said I can't withdraw. My own money ooo. I couldn't even load my phone with d 2k again. Ha God. My own money. And this is how these banks scam several other Nigerians. Edit: just imagine I checked my Polaris balance after this post. See what they've reduced my 2000naira to!! please what can I do? These guys are LEGAL THEIVES. THEY'RE THE REAL YAHOO YAHOO 6 Likes
|
Re: Polaris Bank's Notice Of Cashless Policy Implementation by Nobody: 10:46am On Sep 20, 2019 |
Is it my end or you can’t see anybody’s signature from thread again ? |
Re: Polaris Bank's Notice Of Cashless Policy Implementation by SniperSmurf(m): 10:47am On Sep 20, 2019 |
Polaris is a greedy pig � of a bank. God dey. 1 Like |
Re: Polaris Bank's Notice Of Cashless Policy Implementation by zakim(m): 10:48am On Sep 20, 2019 |
Too bad |
Re: Polaris Bank's Notice Of Cashless Policy Implementation by megafaraday(m): 10:48am On Sep 20, 2019 |
The House don't regulate the banks, CBN does. Let CBN issue another directive to this effect and the banks will comply |
Re: Polaris Bank's Notice Of Cashless Policy Implementation by msmon(m): 10:49am On Sep 20, 2019 |
YOU NEED TO BE EDUCATED ON THIS NEW CBN CASHLESS POLICY. CBN Policy Says Cash Withdrawal and Deposits Amounting to 500k or more now are to attract additional charges, The policy is Straight and Simple. What it is saying is that if You want to make a cash withdrawal of 500k then you should be ready to pay 15k as charges. Also if you want to deposit 500k then u should be ready to add extra 10k on it as charges. Now the question is why? The answer is beacuse the government is trying to encourage a cashless economy. So how do you avoid this penalty? Simple! Don't withdraw cash in excess of 500k to pay anybody, rather collect their account number and transfer the cash to them. Also if someone wants to pay You 500K don't collect it since You know You can't keep it in the house but will take it to bank who will then charge You for the deposit. Instead, tell the person to use Your POS or transfer to Your account or they pay You through USSD CODE. This way, the Cashless Policy Will be Implemented. Culled from:- Moshood Abiola Ologundude FACEBOOK PAGE 18 Likes 1 Share |
Re: Polaris Bank's Notice Of Cashless Policy Implementation by JubrinElSudan: 10:49am On Sep 20, 2019 |
Should I share the ones Union Bank, GTB and Fidelity Bank sent to me? 1 Like |
Re: Polaris Bank's Notice Of Cashless Policy Implementation by 0taPiaPia(m): 10:50am On Sep 20, 2019 |
Its time to build a safe in the house with that 3 & 5 % respectively |
Re: Polaris Bank's Notice Of Cashless Policy Implementation by hush15: 10:51am On Sep 20, 2019 |
JKisOK: Do you think Emeifele decided it singlehandedly? Ofcourse, the banks are also culprits. Am not surprised about polaris bank neway, didn't it make the news that buhari's cronies bought the bank during the election year!!! We dey watch as e dey go. 1 Like |
Re: Polaris Bank's Notice Of Cashless Policy Implementation by chloride6: 10:52am On Sep 20, 2019 |
What are you doing with 500k cash in the first place? Are you a criminal? 2 Likes 2 Shares |
Re: Polaris Bank's Notice Of Cashless Policy Implementation by YoungAncient1: 10:52am On Sep 20, 2019 |
Polaris need to change their old and blind ATM machines. 2 Likes |
Re: Polaris Bank's Notice Of Cashless Policy Implementation by PassingShot(m): 10:52am On Sep 20, 2019 |
BarrElChapo:If you really understand the policy and desire the good things that come with a cashless policy, you won't see a problem in this. In what circumstances do you think people need to withdraw or deposit N500k cash into/from their bank account? 2 Likes |
Re: Polaris Bank's Notice Of Cashless Policy Implementation by Yewandequeen(f): 10:53am On Sep 20, 2019 |
I think the charges are fixed.
|
Re: Polaris Bank's Notice Of Cashless Policy Implementation by Revolva(m): 10:53am On Sep 20, 2019 |
Wat is d difference from any other bank cashless policy newsletter that was sent out Abi una de promote polaris brand Again I hate Polaris bank like.mad so slow |
Re: Polaris Bank's Notice Of Cashless Policy Implementation by Gentlemanforyou: 10:53am On Sep 20, 2019 |
But why is it only in lagos , ogun , ph, Anambra. Not understanding this shii 1 Like |
Re: Polaris Bank's Notice Of Cashless Policy Implementation by Onyenna(m): 10:53am On Sep 20, 2019 |
Okay |
Re: Polaris Bank's Notice Of Cashless Policy Implementation by dustydee: 10:54am On Sep 20, 2019 |
JKisOK:The legislators have no power to stop the CBN or the banks from implementing this policy. Only the courts or the CBN can order such. |
Re: Polaris Bank's Notice Of Cashless Policy Implementation by PassingShot(m): 10:54am On Sep 20, 2019 |
JKisOK:Please educate me on why the policy is bad? 4 Likes |
FG Raises Import Duties On Luxury Goods, Food Items That Have Local Alternatives / Sanlam Takes Full Ownership Of FBN Insurance In Nigeria / Video Of Nigerians Fighting To Use ATM To Cash New Naira Notes..
(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. 37 |