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*nigerian Banks Have Finished This Nation!* - Politics (2) - Nairaland

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Re: *nigerian Banks Have Finished This Nation!* by bishop4life(m): 8:14am On Sep 05
everything u see there is at the table of our Oga kpata kpata.
stop calling out the banks it's called BuhariMetrics.

1 Like

Re: *nigerian Banks Have Finished This Nation!* by psucc(m): 9:09pm On Sep 05
[quote author=Lanretoye
another one is if dem give you loan,they will charge over 20% interest but if u fix or invest money with them,they will give u less than 5% return.[/quote]


You never try FCMB on loan. Those people get mind to charge 38% p.a excluding VAT, Insurance, Legal fees, etc.

I don't know if the bank is owned by Shylock.

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Re: *nigerian Banks Have Finished This Nation!* by MrColdsweat: 10:42pm On Sep 05
Yarribas brought this evil upon southern Nigeria.

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Re: *nigerian Banks Have Finished This Nation!* by lite16nl: 8:42am On Sep 07
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Re: *nigerian Banks Have Finished This Nation!* by lite16nl: 10:55am On Sep 07
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Re: *nigerian Banks Have Finished This Nation!* by Johnnyessence(m): 12:52pm On Sep 07
Seanjay:
*Nigerian Banks have finished this Nation!*

They are silent killers and unarmed robbers.

If you're in doubt, below are series of charges always placed on innocent customers in a single banking transaction.

1 VAT.
2. Account maintenance charges
3. SMS alert charges
4. Transfer charges
5. Postal STAMP DUTY charges
6. Weekend charges.

Now, the Apex bank, the unarmed robbers' boss introduced a CASHLESS ECONOMY whereby everyone does not need to carry cash for any transaction.

The problem is this: I am Cement Trader. The landing cost of a bag of cement is #2,550 while we sell #2,600. That is a profit of just #50 per bag of cement.

Now on every 2 bags of cement, a customer transfers #5,200 into my account due to CASHLESS policy and my profit is #100.

To my amazement, the bank deducted the following on that transaction!

1. #53 transfer charges.
2. #100 Postal STAMP duty.
3. #6.98 VAT.
4. #76 SMS alerts charges.
5. #93.13 account maintenance charges.

If that was not enough, on every single transaction, both account FROM which money is being transferred and the account TO which money is being transferred were charged for same transaction.

If you're in doubt, find out by requesting for your account statement.

Don't forget the bank had already laid off and reduced number of staff due to self service banking system o because more customers don't have to visit banking hall for transaction again.

So. Amount being paid on salaries and allowances of staff has dropped.
Did the CBN Governor or FED government know what they are doing at all.?

Or it was a deliberate act of exploiting the poor citizens?
So, we are now being tricked, enslaved by Government and the Bank?

This government will still come and collect income tax, trade permit at both state and federal level.

Who do we offend in Nigeria for us to have such extremely bad leaders, worst agencies and bad Nation like this?

No wonder businesses are folding up and liquidated on daily basis!?!

No wonder people now bury cash in cemeteries and farms?
Our Senators and House of Rep members who are supposed to be vanguard of the common people are not but a curse as well.

Who will put an end to all this injustice?

While I run around in the rain and sun for business to survive, the bank management just sit back in air conditioning and relax to feed on our sweat.
Very soon, they will complain of shortage of cash in circulation because people will find alternative savings and security for the cash.

*Please, kindly help repost until it gets to the appropriate authorities to end the Nigerian Bank madness.*

Nigerias lawyers do something about this above-mentioned


you are very right here.

1 Like

Re: *nigerian Banks Have Finished This Nation!* by Nobody: 1:01pm On Sep 07
longetivity:
I blame Nigerians for this
I honestly do in lots of ways. It's never the fault of the government but that of nigerians who are never bold enough to stand up for their rights. Beautifully stated!

1 Like

Re: *nigerian Banks Have Finished This Nation!* by Seanjay(m): 8:09am On Sep 09
Nigerian Citizens are all E protesters and E warriors.
Even the present administration is not helping matter, when there is no freedom of speech �‍♂️�‍♂️�‍♂️
Once you criticized this present regime then you should be expecting DSS and Popo at your door step in few days...
our country is in pitiable and horrible conditions now we never had it this bad even Abacha is a saint when it comes to this administration

FaAbokiWithSuit:
That is what you get when the citizens only protest on social media.

The internet has made Nigerians docile
Re: *nigerian Banks Have Finished This Nation!* by Seanjay(m): 8:12am On Sep 09
donbachi:
The one that pains me the most is "ATM card maintenance"..a card that is inside my wallet.its not like they wash it and rubs cream on it.


I tire ooo my broda UBA is one hell of a bank, sometimes a month they deduct up to 1000naira in my savings account I have with them
Re: *nigerian Banks Have Finished This Nation!* by Seanjay(m): 8:15am On Sep 09
wisdomkid:
Who are you hiding or trying to save?
Please mention the bank and let others recommend a better bank for you.

Some banks like Access, GTBank and UBA are not for daily transactions. GTBank charges me up to 400 Naira monthly on SMS I don't need.

I'll turn it off via my online dashboard, and it miraculously turns on after few hours.


You are right my UBA account got charged up to 1000 naira a month and when those funds are removed I don’t get any form of notifications at all isn’t that extortion? You deduct peoples money without their consent and still won’t alert them about the deductions
Re: *nigerian Banks Have Finished This Nation!* by Seanjay(m): 8:17am On Sep 09
longetivity:
I blame Nigerians for this


Why do you blame Nigerians ?
Re: *nigerian Banks Have Finished This Nation!* by Seanjay(m): 8:20am On Sep 09
OlujobaSamuel:
Op, what are you talking about, the charges you listed are not true as regards to the transaction claimed.
On the ₦5200 deposit (assuming it's a current account)
1. #53 transfer charges. (No transfer charge for you the receiver)

2. #100 Postal STAMP duty. (It's ₦50 for ₦10000 above, so this is false)

3. #6.98 VAT. (You are not the sender so no vat for you, also vat for that sum is 7.5% of about ₦20)

4. #76 SMS alerts charges. (Sms alert is ₦4)

5. #93.13 account maintenance charges. (₦1 on every₦1000 received)
So op, why are you lying?
Also, why is the bank nameless?

Show me otherwise not just typing and then saying it all lies, show me where those charged is written in bank website to corroborate your comment...
Re: *nigerian Banks Have Finished This Nation!* by Seanjay(m): 8:26am On Sep 09
Johnnyessence:
you are very right here.


Thank you my broda but someone said am lying when it the reality on ground, UBA just want to kill me with different charges even without performing any form of transactions.. learnt Access Bank and GTB is the same unfortunately for me those are the three banks am banking with. embarassed embarassed
Re: *nigerian Banks Have Finished This Nation!* by Johnnyessence(m): 8:33am On Sep 09
Seanjay:



Thank you my broda but someone said am lying when it the reality on ground, UBA just want to kill me with different charges even without performing any form of transactions.. learnt Access Bank and GTB is the same unfortunately for me those are the three banks am banking with. embarassed embarassed
yes, the same way with first bank too. their charges are enormous.

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Re: *nigerian Banks Have Finished This Nation!* by ican2020: 9:02am On Sep 09
Nigeria banks are all virus

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Re: *nigerian Banks Have Finished This Nation!* by Seanjay(m): 9:03am On Sep 09
emae009:
OP, open a Standard Chartered account and you'll never regret it. No charges. Everything is free and the actually gives interest on the amount in your account.


Think I will do this thanks for the info
Re: *nigerian Banks Have Finished This Nation!* by ican2020: 9:05am On Sep 09
Seanjay:



Thank you my broda but someone said am lying when it the reality on ground, UBA just want to kill me with different charges even without performing any form of transactions.. learnt Access Bank and GTB is the same unfortunately for me those are the three banks am banking with. embarassed embarassed
GTB is far better than UBA.
I see UBA as a legalised thief thief bank

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Re: *nigerian Banks Have Finished This Nation!* by Seanjay(m): 9:08am On Sep 09
Johnnyessence:
yes, the same way with first bank too. their charges are enormous.


Do you know anything about the Standard Charted bank a guy suggested up there bros ?
Re: *nigerian Banks Have Finished This Nation!* by Seanjay(m): 9:10am On Sep 09
ican2020:

GTB is far better than UBA.
I see UBA as a legalised thief thief bank


I swear and their network is Hell you can’t make transfer or purchase vtu once you have to try like 10x for one to manage to go thru
Re: *nigerian Banks Have Finished This Nation!* by OlujobaSamuel: 9:25am On Sep 09
Seanjay:


Show me otherwise not just typing and then saying it all lies, show me where those charged is written in bank website to corroborate your comment...
Like seriously
You don't mean it.
Hope you read where I wrote if you have anything different from what I wrote above, you should demand an explanation from your bank?
All bank charges are regulated by CBN. Go to CBN website if you need any clarification
Re: *nigerian Banks Have Finished This Nation!* by Johnnyessence(m): 10:18am On Sep 09
Seanjay:



Do you know anything about the Standard Charted bank a guy suggested up there bros ?
nope.
Re: *nigerian Banks Have Finished This Nation!* by MosheDayan: 10:42am On Sep 09
emae009:
OP, open a Standard Chartered account and you'll never regret it. No charges. Everything is free and the actually gives interest on the amount in your account.
lies
Re: *nigerian Banks Have Finished This Nation!* by Seanjay(m): 11:21am On Sep 09
Johnnyessence:
nope.


Alright thanks ��
Re: *nigerian Banks Have Finished This Nation!* by Seanjay(m): 11:23am On Sep 09
MosheDayan:
lies

Bros Abeg which one can I port too please ? This Banks are spoiling the money in my account help me ����
Re: *nigerian Banks Have Finished This Nation!* by Seanjay(m): 11:24am On Sep 09
OlujobaSamuel:

Like seriously
You don't mean it.
Hope you read where I wrote if you have anything different from what I wrote above, you should demand an explanation from your bank?
All bank charges are regulated by CBN. Go to CBN website if you need any clarification


So which bank can you advice me to join that doesn’t extort customer like those three banks ?
Re: *nigerian Banks Have Finished This Nation!* by Seanjay(m): 11:29am On Sep 09
Kondomatic:
I transferred N40k from GTB to Access Bank.



I was charged for the transfer and the person received N39.9k.


N100 was deducted

How do you explain that?

Thank you let him keep shouting lies
Re: *nigerian Banks Have Finished This Nation!* by Seanjay(m): 11:31am On Sep 09
amakadlite:
we have never had it this bad.
who will undo these bad policies and for how long where are going to live with these, no one knows.


as for me, now am adopting our grandpa savings methods. underground all the way.


I would have loved to try that but trust me I will finish the money myself without saving anything again undecided undecided
Re: *nigerian Banks Have Finished This Nation!* by Seanjay(m): 11:33am On Sep 09
OlujobaSamuel:

The beneficiary should received ₦39950
While you the sender should be charged ₦52:50k
If there is any discrepancies, mail your bank or engage them online.
I sometimes do my statement analysis myself without even waiting for it from the bank.
I don't use sms, and my account is non interest yielding, although savings account, so it's easy for me to do my month statement


So who’s fault is it for been overcharged the Bank or we the Customers ?
Re: *nigerian Banks Have Finished This Nation!* by Seanjay(m): 11:36am On Sep 09
ODJ124:
Op try standard chartered everything is free..
Sometimes I wonder if the bank will make much profit....


Thanks
Re: *nigerian Banks Have Finished This Nation!* by GreyLaw(m): 11:36am On Sep 09
OlujobaSamuel:

Like seriously
You don't mean it.
Hope you read where I wrote if you have anything different from what I wrote above, you should demand an explanation from your bank?
All bank charges are regulated by CBN. Go to CBN website if you need any clarification

Yes, like GTbank charging me N300 monthly plus some hidden fees without sending me alerts. And the N300, when I log into myninternet banking, it says it's for sms. That's broad daylight robbery. It's a savings account and not much transactions happen on it. This simply means they charge arbitrary fees or they charge for even their adverts sent through sms.

To make it worse they never send alerts for these deductions. They are a theiving bank. Simple!

Their live chat feature is no more working for me so I have to call them. No need. I'll simply move my money to banks I can trust.
Re: *nigerian Banks Have Finished This Nation!* by Seanjay(m): 11:42am On Sep 09
Lanretoye:
all these banks can frustrate someone,that’s how i opened a zenith bank account last year january for private savings and before i could even save a dime in the account by month end i received a debit alert for card mentainance,giving me a negative balance even without any transaction yet and it keeps accumulating even when i decided i won’t use the account anymore.

another one is when you have 100k in your account,they will just wait until the day u want to use the exact 100k before u realize that 100 naira has been deducted for stamp duty charge or some stupid charges...this one even weak me yesterday cos e just scatter my balance

another one is if dem give you loan,they will charge over 20% interest but if u fix or invest money with them,they will give u less than 5% return.

the funny thing is that the govt has made this banks almost unavoidable for citizens with their policies.


Chai Bros I swear we’re in the same shoes cry cry
Sometimes when I go to the atm people will just be looking at you as if you don’t have money in your account when the amount you left in your account is been deducted without you been informed, you will be pressing your known balance and the bank will be telling you insufficient funds not knowing this stupid banks have already shortchanged you without your knowledge... so pathetic

1 Like

Re: *nigerian Banks Have Finished This Nation!* by Seanjay(m): 11:45am On Sep 09
GreyLaw:


Yes, like GTbank charging me N300 monthly plus some hidden fees without sending me alerts. And the N300, when I log into myninternet banking, it says it's for sms. That's broad daylight robbery. It's a savings account and not much transactions happen on it. This simply means they charge arbitrary fees or they charge for even their adverts sent through sms.

To make it worse they never send alerts for these deductions. They are a theiving bank. Simple!

Their live chat feature is no more working for me so I have to call them. No need. I'll simply move my money to banks I can trust.

Thank you my broda this is what I have been going thru undecided they will deduct your money without alerts isn’t that stealing ?

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