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Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) - Webmasters (4) - Nairaland

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Re: Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by advanceDNA: 3:26pm On Apr 29
gungab:
Is there any charges for operating Domiciliary Account?

100 dollars for account opening
Two reference from other current account holders
It’s best you don’t collect ATM, unless u do online buying a lot and u want to circumvent the monthly dollar limit on naira cards...you’ll be charged 20$ atm maintenance fee.. and if you want to withdraw you’ll be charged for counter Cheque or cheque book..

U will also pay to transfer..

1 Like

Re: Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by Yeahmehn: 3:29pm On Apr 29
I thought I saw recently that banks will pay 5naira to every dollar received?! I received an email from GTB recently will confirm from my inbox.
But last last GTB Na thieves
Re: Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by biggy26: 3:41pm 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
Pls how much was sent before I can talk. Cos I received from adsense and didn't notice.
Re: Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by Nobody: 3:45pm On Apr 29
gungab:
Is there any charges for operating Domiciliary Account?
No! If you open same in the bank you already has an account.
No! If want to open an account in another bank, you will be required to present some documentary evidence of yourself.
In or Not, card annual maintenance fee applies.
Re: Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by Solsix(m): 4:02pm On Apr 29
LaIabobo:
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
$25 is much
Re: Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by Nitah1: 4:30pm On Apr 29
wallay77:
First bank showed me pepper today...500 for sms charge...I won mental...like wtf a whole 5h
GT Bank GT Bank is the worst, I open student account every month they do deduct 300naira or 400,if they are angry they take nothing less than 500 naira, when complaints they said is for SMS charges.

Imagine student account, i the send SMS to entire Africa?
Re: Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by shidof(m): 4:34pm On Apr 29
wallay77:
First bank showed me pepper today...500 for sms charge...I won mental...like wtf a whole 5h
When it comes to SMS charges, first Bank are mad. Got my own portion on Monday also
Re: Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by IVORY2009(m): 5:07pm On Apr 29
They charged me for fraud alert last week grin
Re: Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by gungab(m): 5:11pm On Apr 29
Thanks Boss
So if I did not collect ATM.
No charges?
advanceDNA:


100 dollars for account opening
Two reference from other current account holders
It’s best you don’t collect ATM, unless u do online buying a lot and u want to circumvent the monthly dollar limit on naira cards...you’ll be charged 20$ atm maintenance fee.. and if you want to withdraw you’ll be charged for counter Cheque or cheque book..

U will also pay to transfer..
Re: Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by advanceDNA: 5:23pm On Apr 29
gungab:
Thanks Boss
So if I did not collect ATM.
No charges?

No charges unless u want to withdraw across the counter or collect cheque book or transfer abroad or to another dorm account in Nigeria

1 Like

Re: Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by Durklil: 5:28pm On Apr 29
Jesus
Re: Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by gungab(m): 5:36pm On Apr 29
Thanks
advanceDNA:


No charges unless u want to withdraw across the counter or collect cheque book or transfer abroad or to another dorm account in Nigeria
Re: Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by kolexy(m): 5:49pm On Apr 29
LaIabobo:
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

Thank you my brother. I'm surprised to read some of the comments here. GTB is one bank I know would never charge any fee that is not standard practice in the Nigeria banking industry. Only Acess, UBA and the defunct Diamond Bank are known for that.
Re: Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by Emeraldfynest(m): 6:14pm On Apr 29
kolexy:


Thank you my brother. I'm surprised to read some of the comments here. GTB is one bank I know would never charge any fee that is not standard practice in the Nigeria banking industry. Only Acess, UBA and the defunct Diamond Bank are known for that.
pls what is the best bank to openna domiciliary account for receiving my Payoneer payments, they're ripping me off with their #371/$ rate. If I can link a dorm account, I will be able to withdraw for #400+, pls help me guys. The dorm account should be free though. I don't have $100 for deposit.
Re: Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by Frankicent(m): 6:47pm On Apr 29
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.

I wanna start blogging again..Just don't want to go into entertainment industry. Which do you suggest?
Re: Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by verygudbadguy(m): 7:09pm On Apr 29
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.
All banks debit offshore charge. Even if you transfer from a Nigerian Bank to BOA, Wellsfargo or any other US bank, you get charged 15-25 dollars as offshore charges. It is not peculiar to Nigerian banks.

Remember you transactions are routed through correspondence banks.
Re: Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by verygudbadguy(m): 7:10pm On Apr 29
LaIabobo:
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
Well said jare. Nigerians just like making issues out of nothing.
Re: Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by bablon20(m): 8:03pm On Apr 29
Criminals have infiltrated GTBANK servers even their staffs are criminals, they have been deducting money from my account and every attempt to lodge a complaint has been fruitless so I stopped using d bank. If u still have ur money with them its better u empty ur account b4 d unexpected happen to u.
Re: Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by azeez1271: 8:19pm On Apr 29
Emeraldfynest:
pls what is the best bank to openna domiciliary account for receiving my Payoneer payments, they're ripping me off with their #371/$ rate. If I can link a dorm account, I will be able to withdraw for #400+, pls help me guys. The dorm account should be free though. I don't have $100 for deposit.


Usd deposit is needed for all withdrawal, we can buy your payoneer funds at 430/$
Re: Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by azeez1271: 8:20pm On Apr 29
bablon20:
Criminals have infiltrated GTBANK servers even their staffs are criminals, they have been deducting money from my account and every attempt to lodge a complaint has been fruitless so I stopped using d bank. If u still have ur money with them its better u empty ur account b4 d unexpected happen to u.

Stop that pls. Nothing like hacking, we were at gtb today and nothing of such was said
Re: Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by azeez1271: 8:21pm On Apr 29
verygudbadguy:

All banks debit offshore charge. Even if you transfer from a Nigerian Bank to BOA, Wellsfargo or any other US bank, you get charged 15-25 dollars as offshore charges. It is not peculiar to Nigerian banks.

Remember you transactions are routed through correspondence banks.

How is that possible?
Re: Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by Uwaiwe: 8:25pm On Apr 29
GTB usually deduct 45USD from my domiciliary account each time I receive funds from my foreign account. I think I need to visit them to explain.
Re: Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by wallay77(m): 8:26pm On Apr 29
advanceDNA:



You are not being charged just for your transaction alerts...they also charge you for other messages you ddnt ask for, like birthday, new information from the bank, NDDC message, Covid 19 message.......

Go and deactivate text message and chose email alerts...
u will still get all the messages u ddnt ask for and u won’t be charged for them...
Bros only sms 500
Re: Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by BigCowH0rn: 9:05pm On Apr 29
dazzlingd:
Same thing happend to me, temoving 20 dollars from my inflow, e no go better for that bank


Talking on that sisterfire's thread you sounded a lot like you've made it in life but look at you cry so bitterly about over $20 wey no even reach 10k a day i dey pay as hotel bills for Enugu grin


cc. Sisterfire
iLuvMamaV


See una brother wey giant winged creatures bless

Re: Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by Gragbo: 9:44pm 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

Crazy lie from The Gtb staff that told you it started last month because my company has accounts with gtb and and that $25 charge is fixed even if it is from our own coy account to our Gtb they will deduct $25 before it gets to our Gtb acct and I have been noticing it for years now. sad
Re: Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by Everest9(m): 9:59pm On Apr 29
Lightway:


How much did you receive
I was given a receipt of $106.04 what I got is 81.04
Re: Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by Everest9(m): 10:18pm On Apr 29
bunto:
Next time ask your client to send the fund through Remitly. Fast, easy,secure. Besides their rates are cheeeep!
explain pls
Re: Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by Genea(f): 10:41pm 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
You better learn how to use crypto to transfer money

1 Like

Re: Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by mohlanforex: 3:24am On Apr 30
how much is FCMB charge for receiving dollar ?
Re: Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by Sosqui: 4:10am On Apr 30
UncommonLogic:


It is ok if the bank wants to charge for any service. But you have to state it in the transaction.
I'm sending money from my US account to my GTB dom account, I have paid all fees requested by my US bank yet GTB still removed 20 to 25 dollars. No reason given and it does not reflect on the transaction what the amount was removed for.
To make matters worse, when I send it to another bank in Nigeria, I get all my money.
So explain that.
GTB is still.my bank but they are messing up on this issue.
This is not correct
Re: Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by Sosqui: 4:13am On Apr 30
UncommonLogic:


Obviously you don't understand what we are talking Bout here.
Let me give you an example

You want to wire 5000 USD to your Nigerian dom account. Chase bank for example will charge you 40 dollars if you do it online by yourself. They will charge you 50 dollars if you walk into a branch to have it done.
So your total is now $5040 or $5050 depending on your choice.
Once it is done, 5000 USD is expected to be deposited into your GTB dom account. Unfortunately, GTB has been removing 20 to 25 dollars from this total.
It has happened to me at least 3 to 4 times. And they don't have a good reason for why. You will just get a round around without proper reason.
The worst part is the money removed is not even stated as a charge anywhere in your account statement, no where does it say it's for this or that charge. It just disappeared.

Those are the facts.
The $40 or $50 is the normal bank charge. You didn't factor the offshore charge and it is not the receiving bank taking it. It is the correspondent bank that takes the offshore charge
Re: Gtbank Cut $25 From The Money I Received Offshore Charges (wire Transfer) by IamAsiri: 9:08am On Apr 30
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

You see, you are just angry for nothing. That partner of yours did not pay for offshore charge and that charge was removed by the beneficiary's bank. It was the instruction given by the partner. If he/she wanted the full funds to get to you, then he/she would have paid the offshore charge. And mind you, offshore charge is different from the commission, vat and telex charges (as I can see other people talking about they paying for other charges).

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