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Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by Everest9(m): 5:51pm On Apr 28
Please, my fellow bloggers and digital marketers, I have a serious question to ask because I am very angry right now.

One of my partners sent a little dollar to my account through wire transfer on the 23rd of this month, on getting to my account I saw that $25 dollar was deducted from the money.

I contacted the sender and he told me that they send the exact amount which they also sent me the receipt, now I had to contact my bank (GTB) and they said that it's offshore charges and that it's a new law from CBN.

Please I am still confused right now, why will CBN issue such a law?

Please share your experience if you have ever experienced something like that before because it also means that Google Adsense payment might be deducted too

1 Like 2 Shares

Re: Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by SportsHD: 5:57pm On Apr 28
Gtb is all shades of useless and lootery.

I use union Bank and i don't get debited like this for charges. Even though AdSense payment comes in it regularly.
change your bank sir.

46 Likes 1 Share

Re: Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by questechie: 6:01pm On Apr 28
Those guys are something else, lately. So many unexplainable charges. undecided

9 Likes 1 Share

Re: Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by Everest9(m): 7:32pm On Apr 28
This is the first time am seeing this, imagine paying $25 for every money received in USD, that's equivalent of paying 12000

9 Likes

Re: Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by Everest9(m): 7:33pm On Apr 28
They also told me that the new CBN law started last month

2 Likes 1 Share

Re: Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by momodub: 12:21pm On Apr 29
Bank wan milk them customers in any way

1 Like

Re: Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by rentAcock(m): 12:21pm On Apr 29
I thought the sender always pays the fee for an international transfer.

14 Likes

Re: Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by Sirpaul(m): 12:21pm On Apr 29
GT na bank.....

2 Likes

Re: Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by GreenWire(m): 12:21pm On Apr 29
all banks have their own complain sha.. I thought first bank is the worst

6 Likes

Re: Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by LaIabobo: 12:22pm On Apr 29
There is always offshore charge for wire transfers.

Usually, the sender bears the charge. I'm guessing this particular sender opted that the "beneficiary bears offshore charge", thus you were charged.

It has always been 25usd.
Next time, ask questions or you use Western Union to receive your money

56 Likes 2 Shares

Re: Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by Lightway: 12:22pm On Apr 29
Everest9:
Please, my fellow bloggers and digital marketers, I have a serious question to ask because I am very angry right now.

One of my partners sent a little dollar to my account through wire transfer on the 23rd of this month, on getting to my account I saw that $25 dollar was deducted from the money.

I contacted the sender and he told me that they send the exact amount which they also sent me the receipt, now I had to contact my bank (GTB) and they said that it's offshore charges and that it's a new law from CBN.

Please I am still confused right now, why will CBN issue such a law?

Please share your experience if you have ever experienced something like that before because it also means that Google Adsense payment might be deducted too

How much did you receive

5 Likes

Re: Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by Hezzyluv: 12:22pm On Apr 29
They told u is the new law from CBN i.e government law.

Anything we see in this Buhari term, make we just take am. Na one chance govt. we dey

10 Likes

Re: Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by tutudesz: 12:23pm On Apr 29
All this bank charges will kill person, everyday new charges are been introduced undecided

3 Likes

Re: Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by Sunnybay7: 12:23pm On Apr 29
Gtb is just not it recently.

1 Like

Re: Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by FarahAideed: 12:23pm On Apr 29
Are they not supposed to pay you for receiving dollars ? Is that not what the CBN said

8 Likes

Re: Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by 222Martins(m): 12:23pm On Apr 29
Let me educate you a little. There is something called offshore charge when doing a wire transfer. When i do a wire transfer from Nigeria, i pay the offshore charge so that the receiver will get the same amount expected. I cam equally request that the receiver be billed the offshore charges. The same happens when doing a wire transfer from abroad. In your case, the sender ticked the checkbox that the offshore charge should be paid by you. Simple and short. As for the Adsense guy, check your payment history, you will see that you are paying full charge for the wire transfer from your adsense account.
Everest9:
Please, my fellow bloggers and digital marketers, I have a serious question to ask because I am very angry right now.

One of my partners sent a little dollar to my account through wire transfer on the 23rd of this month, on getting to my account I saw that $25 dollar was deducted from the money.

I contacted the sender and he told me that they send the exact amount which they also sent me the receipt, now I had to contact my bank (GTB) and they said that it's offshore charges and that it's a new law from CBN.

Please I am still confused right now, why will CBN issue such a law?

Please share your experience if you have ever experienced something like that before because it also means that Google Adsense payment might be deducted too
SportsHD:
Gtb is all shades of useless and lootery.

I use union Bank and i don't get debited like this for charges. Even though AdSense payment comes in it regularly.
change your bank sir.
Re: Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by pickatyouu: 12:24pm On Apr 29
Buhari and his minions just looking for new ways to Bleep us all every day.

1 Like

Re: Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by Legacyedition: 12:24pm On Apr 29
Telex charges if they sent exact fee.
Re: Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by LaIabobo: 12:24pm On Apr 29
FarahAideed:
Are they not supposed to pay you for receiving dollars ? Is that not what the CBN said
.
CBN promo is for remittance received not wire transfers

1 Like

Re: Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by LuQuLuQu: 12:24pm On Apr 29
Tinubu should getat
Re: Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by dvkot(m): 12:25pm On Apr 29
Use bitcoin

2 Likes

Re: Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by Troublemaker007(m): 12:25pm On Apr 29
And I wanted to open an account with them today! Making a 360 U-turn and running for my dear life!

6 Likes

Re: Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by Seniorwriter(m): 12:26pm On Apr 29
Most Nigerian Banks are Rippers....though they (GTB) have a fast transaction process....
@OP what kind of account do you run in GTB.
Everest9:
This is the first time am seeing this, imagine paying $25 for every money received in USD, that's equivalent of paying 12000
Try upgrade or talk to your account officer for a much less tax induced account if you must keep using the said account for your transactions!
Howbeit you can open a gateway serviced accounts for ZERO FEE charges on foreign currency transactions.

My 2cent.

@Seniorwriter

1 Like

Re: Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by wallay77(m): 12:26pm On Apr 29
First bank showed me pepper today...500 for sms charge...I won mental...like wtf a whole 5h

10 Likes

Re: Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by gungab(m): 12:26pm On Apr 29
Is there any charges for operating Domiciliary Account?

1 Like

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