₦airaland Forum

vb0mb:
Journalist looking for something to masturbate with.

If you go to POS, you will charged ₦400 for 20,000 and you will not complain.

We complained that banks ATM do not always have cash. The CBN has made it lucrative for banks to load Thier ATM and you are complaining.

is it because banks were not charging customers that there was no money in ATMs?

why should customers pay for the inefficiency of banks?

what is the essence of ATM charges banks were already charging customers?

how have these previous charges improved efficiency?

Where are Tinubu's supporters and APC urchins? Hope you're enjoying this arrant nonsense? 🙄😏😏

epainos:
You pay N100 for every withdrawal from POS, so that it is N400 for N20,000 since "Emewerey" scattered it all. Now it is N100 for N20k in other banks ATM. If you withdraw with your bank and the ATM is onsite, it is free. Why the complain? Find your bank and withdraw if you don't want to pay. Then, when you can't find and you need cash, remove N5,000 to N20,000 and pay N100. Still cheaper than withdrawing from POS.


The only time you may not want to use ATM is when the ATMs are off-site m...like ATM at airports, malls, etc. where the bank is not there, but the ATM is there. That's when you pay N600 per N20,000 because banks spend more for such ATMs. If you find a POS around any offsite location, then use it then. But I don't mind. I won't start looking for POS at offsides. Imagine I am at the airport and I need cash. So, I will have to go to the street and start looking for POS. Right? No way. I will rather give out that N600 for my convenience, but if I can spot a POS before I enter airport, why not? Then, POS. But personally, I want CBN to damage that POs business. So, I will rather not patronise them again so they can all pack up operating where there are enough ATMs. Let then operate only where ATMs are not enough for the residents.

Most people aren't educated, and they just cry stupidly and spread false info.

On this policy, CBN has done well for us. Na illiteracy dey worry those criticising it. CBN carry go!

You have no point. Why can't CBN put laws mandatory banks to load money in the ATM, most government on a daily basis keep taxing its citizens with nothing to show for it?
The law must be punishable.
You have a fish brain to think otherwise. What has your stup!d govt done for masses other than everyday task.
When there's hardships everywhere, low and inconsistent salary.

helinues:
Toh

CBN which way, 50 naira deduction from every ten thousand and above, 100naira deduction from every hundred thousand, It goes on and on...,..
Usssd deduction another wahala
Now this one, all this in this TPAIN first tenure, if u remove all these from minimum wage, and another 5% as VAT, what is the fate of the common man, or did we offend anyone by putting our money in the bank, or is bank the new scam

Una go groan and then in 2027 still vote for the same people enjoyyyyyyyyyyyyyyyyyyyyyyyyyyy

You pay N100 for every withdrawal from POS, so that it is N400 for N20,000 since "Emewerey" scattered it all. Now it is N100 for N20k in other banks ATM. If you withdraw with your bank and the ATM is onsite, it is free. Why the complain? Find your bank and withdraw if you don't want to pay. Then, when you can't find and you need cash, remove N5,000 to N20,000 and pay N100. Still cheaper than withdrawing from POS.

The only time you may not want to use ATM is when the ATMs are off-site m...like ATM at airports, malls, etc. where the bank is not there, but the ATM is there. That's when you pay N600 per N20,000 because banks spend more for such ATMs. If you find a POS around any offsite location, then use it then. But I don't mind. I won't start looking for POS at offsides. Imagine I am at the airport and I need cash. So, I will have to go to the street and start looking for POS. Right? No way. I will rather give out that N600 for my convenience, but if I can spot a POS before I enter airport, why not? Then, POS. But personally, I want CBN to damage that POs business. So, I will rather not patronise them again so they can all pack up operating where there are enough ATMs. Let then operate only where ATMs are not enough for the residents.

Most people aren't educated, and they just cry stupidly and spread false info.

On this policy, CBN has done well for us. Na illiteracy dey worry those criticising it. CBN carry go!


The above is one of the most reasonable submissions on this New Atm charges by CBN. Realistically CBN just want the banks to load cash in their Atm and make it more functional. Is now a matter of choice for customer to use the atm or post. The good part customer that use atm card of the bank is free withdrawal for the ₦20,000 or more.

vb0mb:
Journalist looking for something to masturbate with.

If you go to POS, you will charged ₦400 for 20,000 and you will not complain.

We complained that banks ATM do not always have cash. The CBN has made it lucrative for banks to load Thier ATM and you are complaining.

Is N400 not better than N500 for the same 20,000? Do you even realize that some persons still has to transport themselves to some ATM stands? Factor that extra cost in and you will understand why many are complaining

helinues:
Toh

your Oga want to kill Nigerians with his wicked policy, almighty God will deliver Nigerians in the hands of this wicked government.

SatoshiX:
You can pay above as high as 300 to collect 10,000 from the POS operators but can't pay 100 to collect 20,000 from the ATM machine. Hypocrites.

you can withdraw from any POS around you but if you want to collect money from bank you will have to enter 200 naira bike or maruwa to the bank and 200 naira when you are coming back, 400+100=500 naira just to collect 20,000 is that not wickedness?

What happens to money on counter.

Urgent1Million:
Expect more of these kinds of policies and even worse.
Tinubu's attitude during the #endbadgovernance protests was a test run. He used it to confirm what would happen when he rolls out draconian policies.
Nigerians will just complain in their houses, shops, beer parlours, offices, markets and come online to insult and fight each other.
After a few days, or a few weeks tops, everyone will rest and adjust to the new reality.
The baba whe run am this jazzz na real agba baller!!

This is true.
They have chained the whole citizen of this country, you are a dead man the moment u protest or fight the government wicked policies

Acidosis:
I like to believe that many Nigerians are not aware of this, or maybe they just don't understand the meaning of off-site ATMs. If they did, they wouldn't be groaning; instead, they would take to the streets to protest.

If off-site ATMs attract N600 per N20,000 transactions, then the POS guys nearest to you would be doing us a great favour if they charge N1000 per N20,000.

It's getting messy

These monetary policies are just too harsh

Iamthoney:
Is N400 not better than N500 for the same 20,000? Do you even realize that some persons still has to transport themselves to some ATM stands? Factor that extra cost in and you will understand why many are complaining

CBN wants to generate money for banks, seeing how much POS guys are chashing out in the POS business

It ok

tosyne2much:
It's getting messy

These monetary policies are just too harsh

Too harsh, my brother

vb0mb:
Journalist looking for something to masturbate with.

If you go to POS, you will charged ₦400 for 20,000 and you will not complain.

We complained that banks ATM do not always have cash. The CBN has made it lucrative for banks to load Thier ATM and you are complaining.

So, do you think this new policy will improve cash availability in ATMs? Or do you think the POS operators will stop emptying the ATMs because of increased bank charges? You guys are too funny in this country.

I really hope that the CBN has not adopted your line of thought because that would mean providing a solution to a problem they generated in their head, not the real problem out there.

If you like o, load your ATM with 1 zillion Naira, the POS guys will always empty it.

epainos:
You pay N100 for every withdrawal from POS, so that it is N400 for N20,000 since "Emewerey" scattered it all. Now it is N100 for N20k in other banks ATM. If you withdraw with your bank and the ATM is onsite, it is free. Why the complain? Find your bank and withdraw if you don't want to pay. Then, when you can't find and you need cash, remove N5,000 to N20,000 and pay N100. Still cheaper than withdrawing from POS.

The only time you may not want to use ATM is when the ATMs are off-site m...like ATM at airports, malls, etc. where the bank is not there, but the ATM is there. That's when you pay N600 per N20,000 because banks spend more for such ATMs. If you find a POS around any offsite location, then use it then. But I don't mind. I won't start looking for POS at offsides. Imagine I am at the airport and I need cash. So, I will have to go to the street and start looking for POS. Right? No way. I will rather give out that N600 for my convenience, but if I can spot a POS before I enter airport, why not? Then, POS. But personally, I want CBN to damage that POs business. So, I will rather not patronise them again so they can all pack up operating where there are enough ATMs. Let then operate only where ATMs are not enough for the residents.

Most people aren't educated, and they just cry stupidly and spread false info.

On this policy, CBN has done well for us. Na illiteracy dey worry those criticising it. CBN carry go!

You are the stupid one here who doesn't know that the useless government is killing the citizens with multiple taxation.....nothing dey that your smelly head

Urgent1Million:
Expect more of these kinds of policies and even worse.
Tinubu's attitude during the #endbadgovernance protests was a test run. He used it to confirm what would happen when he rolls out draconian policies.
Nigerians will just complain in their houses, shops, beer parlours, offices, markets and come online to insult and fight each other.
After a few days, or a few weeks tops, everyone will rest and adjust to the new reality.
The baba whe run am this jazzz na real agba baller!!

It's just a matter of days...

Everything will turn around.... Nature will fight back!

They have done everything to use... Divide and rule... Using the story from Babylon.

One thing they cannot control is Nature....

Everyday is for the thief
One day is for the owner...

SatoshiX:
You can pay above as high as 300 to collect 10,000 from the POS operators but can't pay 100 to collect 20,000 from the ATM machine. Hypocrites.

It is not about 20,000. If you want to collect 1,000, the ATm charge you the same. Besides it is 100 plus VAT. So the charge is 107.
Also the maximum most ATM pay is 10,000.
And there is no basis comparing POS with ATM.

Inosky:
You have no point. Why can't CBN put laws mandatory banks to load money in the ATM, most government on a daily basis keep taxing its citizens with nothing to show for it?
The law must be punishable.
You have a fish brain to think otherwise. What has your stup!d govt done for masses other than everyday task.
When there's hardships everywhere, low and inconsistent salary.

Laws are made to satisfy everyone. I am not supporting or against the banks because I prefer "awof" too. Who no want "awof"? Yes, these banks wahala too much. Look at how they charge sms, and other charges anyhow. But I can't complain. The banks keep saying they are running at loss. I can understand certain things. For example, the costs of running banks, diesel, etc are high also. Do I know the true cost? I don't. But one thing is clear, you don't expect them to not make additional income like when Soludo and Sanusi were there cos the fees you want to pay were established in those days.

You can argue that CBN should prosecute banks if they don't put cash there. Lol. But CBN too cannot do much cos they must have seen the issues. The lapse gave banks the opportunity to exploit Nigerians. I guess they put all the costs together and arrived at the new costs.

These new costs are cheaper than what you have been paying to withdraw from POS. But you want to go back to the old fees. Think about it again.

If you use your bank's ATM till date, it's free. Look at it well. What kind of additional cost will a bank say it will incurred becos of 3 to 5 more ATMs. If they have to stop the Air conditioned of the oga to power Atms, let them do it. No be so? The security in the bank takes care of the ATM too. No rental fee cos it's on their property or already rented property. So, what excuse will the bank make? So, it is free even till today for all their customers. But make money on other customers. It's sounds good. Previously, it used to be after 3 times withdrawls in monthly charges start. Do you get it. No matter how you see it, there are costs to maintain it. Maybe costs of maintenance and other unforseen costs ....those can be taking care by the fees of other banks customers that use their ATMs.

Are the fees what we should really pay? I don't know. But as long as the fees are extremely cheaper than using POS, I am OK with it.

Oga, na people like you dey cause wahala. You can pay extremely high for POS, but now that it has gone down extreme cheap, you want to pay what you used to pay in 2010 (15 years ago) with the situation on ground now. Ha ba! You too stingy and very unreasonable. You are too unreasonable.

A beg, leave my mention alone. Wahala person.

I am really enjoying this

Please. MR T-PAIN.


Fine a way to milk us ND suffer us very well.

We are just getting started. We never see anything.

That sense that we don't have . Give it to us by force.

Next year, reduce price of everything. So that people can vote for you again. After your swearing in. Take us from frying pan 🍳 to fire 🔥.

Because I know. Some animals wl still vote for this clown next election 😂

EXPRESSSMAN:
It is not about 20,000. If you want to collect 1,000, the ATm charge you the same. Besides it is 100 plus VAT. So the charge is 107.
Also the maximum most ATM pay is 10,000.
And there is no basis comparing POS with ATM.

Stop giving false info. Minimum of ATM now is N20 000. Banks are free to load more, but I doubt they will. Stop telling lies. Na waooo! Una too dey lie. You did not state that you can still withdraw free if you use your bank. Most people always have their banks close to them. 70% withdrawals are done on the withdrawals' banks ATM. I'm sure you used to use your bank 70% in the past. And now, you will start again since you know. Go and try it. Use your bank and it is free. And there aren't long lines again.

Stop telling lies.

sonsomegrigbo:
Put an Igbo man in the helms of affairs and watch him misbehaving..







ALL THESE STUPID POLICIES WERE INVENTED BY EMEFIELE

It's a shame,you think like this.

🤔💬 🤷🏾‍♂️💭 👀 Where is NLC now¿

Sleekfingers:
Nobody is stopping you not to be protest. It is your right ....

na so we de hear

When last did I use ATM? Honestly, I can't remember.

SatoshiX:
You can pay above as high as 300 to collect 10,000 from the POS operators but can't pay 100 to collect 20,000 from the ATM machine. Hypocrites.

how many Atm machines are working.
There are remote places where banks do not exist, do u even think.

God will deliver us from these our Nigerian colonial masters.

People should know that 100 naira is now the new Nigerian 5 naira..

Acidosis:
So, do you think this new policy will improve cash availability in ATMs? Or do you think the POS operators will stop emptying the ATMs because of increased bank charges? You guys are too funny in this country.

I really hope that the CBN has not adopted your line of thought because that would mean providing a solution to a problem they generated in their head, not the real problem out there.

If you like o, load your ATM with 1 zillion Naira, the POS guys will always empty it.

Cash availability in ATMs will surely happen.

My house my bank....

vb0mb:
Cash availability in ATMs will surely happen.

...meaning POS agents will now struggle to get customers, yeah? I no fit laugh o.