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What Is Electronic Money Transfer Levy ??? - Business - Nairaland

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Traders At Ariaria International Market Protes Against ₦‎21,000 Levy / First Bank Is Charging Customers N200 For "Electronic Transfer Levy" / Access Bank Is Deducting My Money, In Form Of Electronic Transfer Levy. (2) (3) (4)

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What Is Electronic Money Transfer Levy ??? by sunky97: 6:16pm On Jan 08, 2023
What is the electronic money transfer levy?
this is the trending question on the lips on Nigerians online

Many Nigerians woke up to see alert of this charges from their banks on their phones and are wondering what it means.

This is the New CBN charge that allows Nigerian banks to charge you N50 for any transfer that is above N10,000 on your account per week.


https://www.youtube.com/watch?v=zP6LRGRJzmE[/url]

Re: What Is Electronic Money Transfer Levy ??? by arkonpoint: 6:25pm On Jan 08, 2023
If you received any amount above #10k, #50 will be debited from your account as stamp duty, most banks accumulate this to once a month then charge the account...

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