Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,152,760 members, 7,817,102 topics. Date: Saturday, 04 May 2024 at 05:38 AM

Why Are Banking Enforcing The No ATM Card, No Withdrawal - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / Why Are Banking Enforcing The No ATM Card, No Withdrawal (318 Views)

90k Profit From Dollar To Naira Trading, No ATM Card / GT Bank Naira Master Card No Longer Works On International Trade Websites / How Bank Officials Withdrew My Money Through Swallowed ATM Card (2) (3) (4)

(1) (Reply) (Go Down)

Why Are Banking Enforcing The No ATM Card, No Withdrawal by dareyking(m): 11:47am On Jan 21, 2022
.

1 Like

Re: Why Are Banking Enforcing The No ATM Card, No Withdrawal by Greatzeus(m): 4:52pm On Jan 21, 2022
dareyking:
I have an account with a popular bank, I use the account to store funds in order to control my spending. I went there to make withdrawal this morning only to be told I can only withdraw 100k and above.
Why must banks force people to get things against there will, or is this a CBN policy?
I felt a bit peeved!!!

Who else have experienced this?
Funny our case is somehow related. I was using Ecobank before,when I switched job,I was mandated to open GTB account. So I use to transfer some fund to ecobank account monthly,and it really helped. I didn't touch the account for almost a year,one day I needed a huge amount of money,went to ecobank to withdrew,(my ATM expired long ago and I intentionally refused to renew so as to keep the fund safe) only to be told they don't use withdrawal slip that I must get ATM,I got the ATM that day,withdrew the money,and abandoned the ATM again. It will likely expire again before I use it again.
Re: Why Are Banking Enforcing The No ATM Card, No Withdrawal by dareyking(m): 11:15pm On Jan 21, 2022
Greatzeus:

Funny our case is somehow related. I was using Ecobank before,when I switched job,I was mandated to open GTB account. So I use to transfer some fund to ecobank account monthly,and it really helped. I didn't touch the account for almost a year,one day I needed a huge amount of money,went to ecobank to withdrew,(my ATM expired long ago and I intentionally refused to renew so as to keep the fund safe) only to be told they don't use withdrawal slip that I must get ATM,I got the ATM that day,withdrew the money,and abandoned the ATM again. It will likely expire again before I use it again.

That ATM of a thing does more harm than good. grin grin grin

(1) (Reply)

The Funny Message I Received From Loan Company / I Need A Youtube Channel To Buy / How To Earn $2,000 Daily With Dollar Arbitrage In Nigeria

(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. 10
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.