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Business / Re: Help! First Bank Is Charging Me Monthly Withdrawal Fee On My Savings Acct!! by Jazminee: 1:48pm On Apr 08, 2016
Hello VLadipo,

I would like to assist you with this, do you have an email that i can contact you with?

My Best,
Business / Re: Help! First Bank Is Charging Me Monthly Withdrawal Fee On My Savings Acct!! by Jazminee: 1:34pm On Apr 08, 2016
Hello VLadipo,

Do you have twitter account i can follow or better still an email address i can contact you with?


Hello all,

I first got the alerts in early March. I was debited a total of NGN105.00 for withdrawal fee on my SAVINGS account.

Confused, I went to my branch to complain. From time immemorial, we have always known (and were even taught in school) that savings account do yield monthly interests if you do not withdraw more than once from the account within a month.
Hence, I was surprised to get this explanation from the customer service person I met that I was charged withdrawal fee because I withdrew more than once from my savings account. The normal thing should be no interest for that month.
She further explained that the directive was from CBN and that deliberations were still ongoing on whether the policy should hold. She promised that a reversal of the deduction could take place.

Now, just some moments ago, I got 2 alerts indicating that I have been debited a total of NGN105.00 as withdrawal fee for the month of March.
This is in addition to the senseless,unrealistic charges debited from my account as payment for SMS alert every month.

Now, isnt that crazy?

Guys, please can you relate to all these as regards your savings account in your respective banks?

What do I do temporarily while I think of leaving Firstbank for good?

The charges on my savings account have become unbearable and disgusting.

Thank you.


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