₦airaland Forum

providencia:
What about those who go to ATM and couldn't continue transaction because of "insufficient fund" ?
From the article, I didn't see where they specified only cheque. Is there something I'm not getting?

ATM is not part of it

Richfarmer:
paid bank worker to come defend their new crimes.

you are a looser if you agree on this terms,
what if I tend to make a transfer of maybe #2 million and the transaction failed due to network error so I will be charged 20k for it since they say you will be charged 1%.

this is really sad for the common man because many will cry!

this is unnecessary at this time.
what banks need now is to even increase the interest rate been given to individuals on a monthly basis that's even if they give any

stop been ignorant and face the truth that the masses are crying bro!

Read it again to see that network problem is not one of the issues.

Why is it that anyone that doesn't agree with you guys is a paid agent?

Openbusiness:
Thank God you know you need to be educated on it, in short you need to be schooled thoroughly like a toddler. A dud cheque is not in any way a mutually synonymous comparison to a failed debit transaction. Mr A. has 2.1m in his account. Then someone else transfers 5m to him. In his mind, his balance is 7.1m, but due to bank and their fraudulent ways, some charges are deducted without him knowing. And then you literally have a situation where these crooked banks are running 2 balances side by side: LEDGER balance and Account balance. Later he tries to transfer 7.1m because he was seeing ledger balance of 7.10159m, but the transaction fails, because he has 7.1m + N159 in his ledger account but his actual money is 7.095m due to some bank charges magically deducted lowkey. The transaction fails. Now CBN wants to penalize the customer for that and deduct money again. Is that not wickedness like that Techmo guy said?

Your assumption is wrong. Very wrong.

You obviously don't know the implications of a direct debit not to talk of when it fails.

The charges you talked about are as relevant to a dud cheque as they are to a direct debit. This is why you should be on top of your account balance if you want to isue a cheque or a direct debit.

You have no knowledge of what you're venturing into

Lucas4903:
It is thesame in Canada. Be sure u have money in your account before any transaction. If it fails. You will be penalized $45CAD. For me this move isnt strange. But to be candid na who no get money suppose they fear this move or how this move affect Iya Ebuka for market or Iya Ikimot. Even Bala wey dey sell groundnut will not bulge about this. But for the banked population we sure know the rules. If u agree to have a transaction done through the banks, then be sure u have money to pull it through.
#JustMyThoughts.

Many of those people commenting don't understand the issue

naptu2:
The people that wrote the article deliberately chose a dodgy headline and did all they could to obfuscate the meaning of the actions in order to get a reaction out of Nigerians (and I'm not surprised that it's by "People"s Gazette" ).

You're right

frankson1:
[/b]




The charges were imposed following a CBN directive earlier this year that directed banks to penalise customers who initiate direct debit transactions on their account but lack funds to complete the transaction.

If there’s no money at the time of the failed transaction, the charge will be withdrawn from the account whenever it is funded, IBTC said.


I believe it's short enough for you to read.

It is faster for his likes to throw insults than to read and understand

bluefilm:
This clueless government is just looking for any avenue to mop up some dough.

It can only get crazier and crazier...

Some of you are quick to condemn everything and call the government clueless even on issues that you don't understand

Lexusgs430:
This is a general banking procedure in most countries nah.......


Why issue or agree to a mandate and not ensure you have adequate funds, when funds are called.......

You dey mind them?

tofolo:
They dont know that EFCC can prosecute you for a dud check sef..

Most of them are ignorant

techmo:
Why charge customers for a failed transaction when this can happen for various reasons which are not intentional


.

How is not having enough balance in your account to support your own instruction not intentional?

Do you know the implications of this for the provider of the service you have enjoyed?

Why can't you cancel the instruction if you don't have enough money?

techmo:
Direct debit transaction that's what the thread reads... Are direct debit transaction only cheques?!

.

Alizma is right.

Direct debit instructions.

techmo:
In UAE, on my NBAD account never am I charged a penny for any transaction, and this is because all transactions are basically handled electronically, and my deposited fund is invested frequently giving. Them required profit to run the Banking Software Finacle needed for simple transaction

Why charge customers for a failed transaction when this can happen for various reasons which are not intentional



.

What's the interest rate on that NBAD account and minimum account balance requirement?

techmo:
Wicked Country

How is the country wicked for this?

Shouldn't a dud cheque or a failed transaction come with charges or a penalty? What of the charges incurred by those two processed it? Who will pay?

If you don't have enough balance in your account, don't issue a standing order or direct debit, or cancel the one you have issued.

It is irresponsible to issue or sustain a direct debit on unfunded accounts. It's also criminal if it's for a service that you have already enjoyed.

On this one, I don't see why Nigeria is a wicked country as you have said unless you're willing to educate me on it.

Na by force?

Leave her if she doesn't want to nah

mohims:
I guess he was arrested in your dream. Radarada that's how you people will be spreading lies. Please try and borrow small sense next time and stop speculating lies. It doesn't speak well of you

Isn't that why some people are rightly talking about social media control?

It's wrong to sit down and manufacture fake stories which can cause distrust, disturbance and even violence.

Jostoman:
Restructure Nigeria they said no

Divide Nigeria they said no way

Good governance, no.

Restructure, no.

Divide, no.

I pity una

Funny.

Is it the VIPs that will release or the police should simply obey their IG?

Who is controlling who?

Na wa o

helinues:
And yet you that have watched the same video can't answer a simple question.

If you can't make use of your 6 free gifted senses when it's necessary/important, then such person is simply amongst the lazy you..

Did she receive any form of notification ahead or not?

Inside her video, did she also record when government officials were closing her business with clients inside.

Answer those logical questions

I'm done with you as I have no time to waste on an incorrigible element who permanently judges people hastily and looks for how to tear others down.

Again, I'm done with you.

Keep doing your inglorious job.

But glory cannot and won't come out of ingloriousness

helinues:
5 mins video, when I no chop craze?

Sebi you have watched it, then answer my simple question.

Did she receive any form of notification from government before closing her business?

You see the problem?

You didn't watch yet you were all over strutting around with arrogance and throwing wicked insinuations about.

You've placed the cart before the horse by now asking the question you ought to have first asked.

Yet you called someone a lazy youth.

Who is the lazy one now?

Shift abeg

helinues:
Simple question, you are dodging .

Did she receive any notification ahead or not?

Some of you guys would be a bad ordinary class captain

If you had cared to listen to her, you would have received answers to all the silly, needless and judgemental questions you're asking.

Again, watch first. Don't be in hurry to tear down everything in sight like an untamed beast. It's not good for you. It's unfair and unkind.

The law of sowing and reaping is real.

Keep quiet if you have nothing to say.

helinues:
On the first instance, why should I waste my data watching obvious lie?

So government will close her business without any notification ahead.

No wonder some of you people believed that Witch DJ about Lekki massacre when there was none

Why were you such in a hurry to pass a judgement based on a mere headline?

Must you comment?

Would you like to be treated this same way?

Na wa o

Naija!

OZOnNengiTheory:
you be mumu. You for ask me how I take know, rather than call me oversabi. everybody wey come social media cry foul, Una go dey support am blindly. Do you know how these things work?

dumb yooots

Talk now.

How does it work?

Dumbie, hope you won't launch into how things work on a general basis BUT what specifically happened to this woman.

We're waiting.

The one who knows how things work.

Weyrey wey dey disguise to be smart

OZOnNengiTheory:
you be mumu. You for ask me how I take know, rather than call me oversabi.

You're a big mumu.

Wait for us to beg you to tell us how you got to know.

Did we apply to you before you started spreading assumptions up and down?

Why didn't you just use the same time and energy that you used to write the rubbish assumptions to state your yeye truth?

Mumurity

Weyrey dey disguise

If you don't have anything meaningful to say to another person's story or hustle, just shut up!

OZOnNengiTheory:
no mind them. everybody now wan dey spread news.

This woman must have been served notice upon notice but will not even do as if she knows anything about it. sometimes if they reject notices, the government makes use of courier services just to get their acknowledgement

Were you the one who served the notice upon notice by courier? Or were you the delivery man?

Oversabi, rather than address many of the issues the woman raised, you're here throwing assumptions about.

The woman didn't hider her identity but you're throwing assumptions anonymously.

GodWrites:
The cause is greed. No matter how many billions they accumulate, their heart is never contented, never at rest.

They neglect friends, family, and health while fighting for more. The only care they show to loved ones is sending them more money.

At the end of the day, they have no real friend to drink a beer with.

Everyone that comes close is a suspect, and thus, they are mostly alone.

They try to mitigate this feeling by keeping busy, but they are only compounding their issues.

This leads to anxiety, depression, and slowly, their health will begin to deteriorate due to stress and worries.

Is that the life you want? Nah! Wealth isn't measured by how much that is in your account.

I'm not saying you shouldn't make money; please do. But be contented, and cut off things you don't need. Simplify your life.

A man with just 200k in his account can be happier than Bill Gates who has billions of dollars.

Life is about family, doing the things you love, happiness, and contentment. Not more money! That's stress!

Be a minimalist!

You're a wise man

fav4real:
watch this viral video of a lady who was trying to force a man to sleep with her not knowing that someone was capturing her

please don't forget to subscribe to the channel for more YouTube videos
follow link to watch the video



https://www.youtube.com/watch?v=SxlNlJmXOFw?sub_confirmation=1

You're a liar

Oyakhilome, with all his anointing and miracles, was using mobile police?

Na wa o

Na wa o

How long does it take to implement the directive of the IG?

okeyfineboy:
TRUMP INSERTED NON-RADIOACTIVE ISOTOPE WATERMARK IN THE POLLING CARDS TO DIFFERENTIATE FAKE FROM REAL

Take the trouble to read these pieces of information. Trump is a genius indeed! He was too smart for the Dems. He inserted watermark in the polling/voter's card to distinguish real from fake. The Dems had no idea of this new security and fell for the bait.

Ladies and gentlemen, President Trump has proved to the United States people that he is the man to make America great again. I didn't know the Dems were this reckless. When they re-count the votes and remove the cards without the watermark, the Dems will be no way near the White House. This sting operation has really caught the Dems off guard. Trump was miles and miles ahead of them all. Obama and those of his ilk in Democrats have proved to be poor thinkers.

There is going to be a thorough re-examination of the votes cast with a view to identifying the real cards. This puts the Dems in a panicky and helpless situation, doesn't it? God brought Trump to salvage the US from the satanic grips of these demons in human form. Yes, it is time to make the US great again.

I refrained from commenting earlier because I envisaged that Trump had something up his sleeves. And yes, he did and has used it against the uncanny, desperate Dems. The non-radioactive isotope watermark inserted in the polling cards has saved the US from Luciferan occupancy. The US is safe. Trump all the way. He trudges on.

Hope you know that there is no "INEC" in the US that centrally prints millions of ballot papers.

You and your religiously deluded folks should better accept the reality and take your fake evangelical and armageddonic views to the ocean

Afamed:
At this juncture, don't you think you need a break from the fake entity you worship after several of your prophecies have failed you?

Let him continue to deceive himself

Defiling the odds?

When will she start filing the odds?

What's your actual population? Not estimate o