N50 Stamp Duty On N10,000 Deposits And Above - Business - Nairaland
Nairaland Forum / Nairaland / General / Business / N50 Stamp Duty On N10,000 Deposits And Above (740 Views)
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| N50 Stamp Duty On N10,000 Deposits And Above by luluosas(m): 7:44am On Mar 01, 2020 |
Nairalanders, Please, does anyone have the CBN policy on stamp duty for deposits to Nigerian bank accounts of N10,000 and above? I am asking because Nigerian banks are now deducting N50 for every bank deposit/transfer of N10,000 and about. People were complaining earlier in our Data Resellers group about it, and I thought it was a lie, not until last week that First Bank showed up on my account. Is this stamp duty of N50 legal, or our banks are stealing from us illegally? Thank you. |
| Re: N50 Stamp Duty On N10,000 Deposits And Above by matrixme(m): 7:45am On Mar 01, 2020 |
The new financial act signed January this year stipulates that |
| Re: N50 Stamp Duty On N10,000 Deposits And Above by Lawgod247: 8:00am On Mar 01, 2020 |
ok |
| Re: N50 Stamp Duty On N10,000 Deposits And Above by luluosas(m): 8:04am On Mar 01, 2020 |
Okay, but this is really unfair to the poor masses in Nigeria. matrixme: |
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