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CBN Introduces New Charges On ATM Cards, Cheques - Business (2) - Nairaland

Nairaland ForumNairaland GeneralBusinessCBN Introduces New Charges On ATM Cards, Cheques (63935 Views)

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Re: CBN Introduces New Charges On ATM Cards, Cheques by Sirsinzu(m): 10:31pm On Mar 15, 2016
I think these CBN governor don madt we Neva finish from 50 post card fee one charges on ATM mtcshewwwwww

Sir sinzu
Re: CBN Introduces New Charges On ATM Cards, Cheques by Chrisx1x(m): 10:31pm On Mar 15, 2016
it has happened o.nigeria is indeed cursed.quote me anywhere
Re: CBN Introduces New Charges On ATM Cards, Cheques by Arigu001(m): 10:31pm On Mar 15, 2016
Another blunder by the CBN I guess hmmmm just watching
Re: CBN Introduces New Charges On ATM Cards, Cheques by jimi4us: 10:31pm On Mar 15, 2016
Oh Lord

Re: CBN Introduces New Charges On ATM Cards, Cheques by Nobody: 10:32pm On Mar 15, 2016
This is atrocious
Re: CBN Introduces New Charges On ATM Cards, Cheques by Nobody: 10:33pm On Mar 15, 2016
Yorubasgreat:
Buhari will finish off this country.. Mark my word..

Before the end of Buhari regime Nigerians must have faced themselves in war.. .

This will never end up well.. I have seen how it will all end..
Madam seer weldone .....you never see ur own life finish nah Naija own you come see
Re: CBN Introduces New Charges On ATM Cards, Cheques by Holuwadammie(m): 10:33pm On Mar 15, 2016
It high time CBN governor leave that office.. Enough of this distortion.... Haba wetin?
Re: CBN Introduces New Charges On ATM Cards, Cheques by Nobody: 10:33pm On Mar 15, 2016
Buhari,this is how you and I will part ways.
Re: CBN Introduces New Charges On ATM Cards, Cheques by eherbal(m): 10:34pm On Mar 15, 2016
princemillla:
Why is living in one's fatherland now more expensive than overseas.?

U pay tax
Pay 100 on atm every month
Pay 65 naira on atm in other banks
Pay 170 naira on every online transactions to other banks (105 and 55 naira)
Pay 50 naira bank stamp

Police go stop u for road u pay minimum 1k

Area boys go hail u, u pay 500.

Armed robbers go still come sweep the entire purse.

Maka why na
elewele complaining? Gbogbo prince of Ikorodu land. Hold body small. E go better
grin
Re: CBN Introduces New Charges On ATM Cards, Cheques by Rexnegro(m): 10:34pm On Mar 15, 2016
o boy na to go find kolo to dey use save money remain so o ...at least with that no Atm or monthly charge .
Re: CBN Introduces New Charges On ATM Cards, Cheques by Baboo13(m): 10:35pm On Mar 15, 2016
Na to kuku dey put money inside kolo now cos I don tire
Re: CBN Introduces New Charges On ATM Cards, Cheques by ChoCandyDiamond(f): 10:35pm On Mar 15, 2016
This is wickedness to the highest level, they are discouraging people from banking their money
Re: CBN Introduces New Charges On ATM Cards, Cheques by philosopy: 10:35pm On Mar 15, 2016
I dont understand. But why,
Re: CBN Introduces New Charges On ATM Cards, Cheques by Smooyis(m): 10:36pm On Mar 15, 2016
princemillla:
Why is living in one's fatherland now more expensive than overseas.?

U pay tax
Pay 100 on atm every month
Pay 65 naira on atm in other banks
Pay 170 naira on every online transactions to other banks (105 and 55 naira)
Pay 50 naira bank stamp

Police go stop u for road u pay minimum 1k

Area boys go hail u, u pay 500.

Armed robbers go still come sweep the entire purse.

Maka why na
It seems we are already paying it. Check out this text sent to me last week by UBA.....

Alert: Debit
Acct:XXXXXXXX
Amt:N105.00
Rmks:CARD MAINT. FEBRUARY, 2016
By:10-Mar-2016 10:30:23
Bal:N40,128.97
FDBCK?CAL 012808822
Re: CBN Introduces New Charges On ATM Cards, Cheques by Mopolchi: 10:36pm On Mar 15, 2016
It is either that Buhari is an incompetent person or Emefiele is. One of them needs to step down.
Re: CBN Introduces New Charges On ATM Cards, Cheques by flokii: 10:36pm On Mar 15, 2016
gratiaeo:
That is change Yoruba voted for
yeah it is..

why so pained?
Re: CBN Introduces New Charges On ATM Cards, Cheques by Malakh: 10:37pm On Mar 15, 2016
I can give you Scriptures to back it up,not only in Nigeria but America also and where Zion dwells
Yorubasgreat:
Buhari will finish off this country.. Mark my word..

Before the end of Buhari regime Nigerians must have faced themselves in war.. .

This will never end up well.. I have seen how it will all end..
Re: CBN Introduces New Charges On ATM Cards, Cheques by giles14(m): 10:37pm On Mar 15, 2016
baebae:
The Central Bank of Nigeria (CBN) has proposed a N100 monthly chargeon every debit card (ATM card) in the country.
The new charge is separate from the existing N65 charge after the third withdrawal within the same month.

A monthly maintenance fee of N100 was also proposed every month for anaira dominated debit card when used, and a N50 charge for other months when the card is used or not.
In its draft on the“guide to charges for banks and other financial institutions in Nigeria”, CBN has alsoproposed a N4,200-per-annum charge on foreign currency denominated cards as maintenance fee.

The apex bank has also proposed a N50 charge on every cheque leaflet obtained and used at the deposit money bank’s counter, The Cable reports.This is not the same as the collectioncharge on cheques, which is also proposed to be“one percent of cheque value or Naira equivalent of US $10 whichever is lower”.

The circular, signed by Kevin Amugo, director financial policy and regulation department, stated:

“The Central Bank of Nigeria is currently reviewing the extant Guide to Bank Charges, which came into effect on April 1, 2013,”

“The review, which is in line with the philosophy of periodically ensuring that the provisions of the guide accord with current realities, also seek to address complaints from customers of financial services, requests for clarification on provisionof the guide and absence of a tariff regime for other financial institutionsin Nigeria.

source
https://www.naij.com/765237-cbn-introduces-new-monthly-charge-atm-cards.html?_e_pi_=7%2CPAGE_ID10%2C1350216675
going traditional isusu tings on my mind
Re: CBN Introduces New Charges On ATM Cards, Cheques by Sultanchidi(m): 10:37pm On Mar 15, 2016
So dis is d reason y first Bank deducted 105 from my account and told me dat 5naira is 4 vat and d other 100naira is cbn charges
Re: CBN Introduces New Charges On ATM Cards, Cheques by Priest200(m): 10:38pm On Mar 15, 2016
I now understand the context of the bible that says when d righteous is in power the people rejoice....and when the wicked rule..hmmm.this government wan kill us..
Re: CBN Introduces New Charges On ATM Cards, Cheques by Malakh: 10:39pm On Mar 15, 2016
Not only in Nigeria but America also and where Zion dwells,Scriptures backs it up,bookmark this words,so when it happens you can make reference to it,they call some people Preppers in the State,there's a reason for that
Yorubasgreat:
Buhari will finish off this country.. Mark my word..

Before the end of Buhari regime Nigerians must have faced themselves in war.. .

This will never end up well.. I have seen how it will all end..
Re: CBN Introduces New Charges On ATM Cards, Cheques by flokii: 10:39pm On Mar 15, 2016
omo na to dey put money for house now o grin


Wailers how market na cheesy
Re: CBN Introduces New Charges On ATM Cards, Cheques by mkoabiola: 10:40pm On Mar 15, 2016
I only blv source lik vanguard n punch not ds junketer blogger naij.com
Re: CBN Introduces New Charges On ATM Cards, Cheques by K9blunt(f): 10:41pm On Mar 15, 2016
Na to get komko sure pass now o........


Shange is hia! grin
Re: CBN Introduces New Charges On ATM Cards, Cheques by jimi4us: 10:41pm On Mar 15, 2016
flokii:
omo na to dey put money for house now o grin


Wailers how market na cheesy
all those una small change wey una dey put for kolo sef. ndi ofe nmanu sef
Re: CBN Introduces New Charges On ATM Cards, Cheques by missjahiniekpe(f): 10:42pm On Mar 15, 2016
seunmsg:
What will Buhari benefit from ATM card charges?

Is the charges going into the coffers of government or the banks?

Just like I said on a thread earlier today, we apportion blames based on sentiments and emotions instead of common sense and pragmatism. Instead of calling out the greedy banks and their CBN collaborators, most of you are shouting Buhari. What has Buhari got to do with this?
Is CBN not a government patastertal?
Re: CBN Introduces New Charges On ATM Cards, Cheques by kenny987(f): 10:42pm On Mar 15, 2016
Now that they have secretly and illegally recruited sons and daughters of the powers that be, they need more money to pay them and maintain their lofty lifestyles. It is you and I that will have to pay for them of course! After all, oil, the be all and end all of the economy as far as this administration is concerned, now sells at prices too low for comfort and of course the economy is out of their control.

DEFAULT SETTING: When in doubt, increase charges and let the deprived masses bear the brunt from electricity to petrol to bank charges and so on.
Re: CBN Introduces New Charges On ATM Cards, Cheques by Nobody: 10:43pm On Mar 15, 2016
seunmsg:
I have said it repeatedly that Emefiele is more interested in helping DMB'S to fleece Nigerians than in regulating them. All his policies are favourable to the banks than to Nigerians.

Government needs to stop appointing DMB MD's as CBN governor because they can't manage the conflict of interest that comes with the position. All they do is protect their banking investments instead of regulating. We need seasoned economist who have no heavy banking investments to protect as CBN governor.
Godwin Emiefele is a thief. You said my mind 100%. The worst part is he is an Igbo man. Very greedy and selfish people. Sanusi didn't do this rubbish and he wasn't Igbo.
Re: CBN Introduces New Charges On ATM Cards, Cheques by Nobody: 10:44pm On Mar 15, 2016
So dis is hw Emefiele intends to create more money....he shld jst reprint more currency to favour his balance of payment and stop dis hardship they want to bring on us.

How much do students hv in their account dat CBN will be reducing N100 every month for card whateva.

Silly policy.
Re: CBN Introduces New Charges On ATM Cards, Cheques by truthspeaks: 10:44pm On Mar 15, 2016
grin grin I tot ApC supporters wr excluded. Pls do ur job n praise ur baba
Clerverly:
Na Thunder go Fire una there!
Re: CBN Introduces New Charges On ATM Cards, Cheques by dikeigbo2(m): 10:46pm On Mar 15, 2016
Illegal collections on the increase, but why this time?
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