Has Anyone Noticed This? - Business

Has Anyone Noticed This? - Business - Nairaland

Nairaland Forum › Nairaland General › Business › Has Anyone Noticed This? (716 Views)

Has Anyone Noticed This? by Chuksemi(op): 2:30pm On Jun 22, 2016

I saw a thread on frontpage recently concerning a proposed CBN policy concerning over the counter withdrawals. The proposed policy stated that over the counter withdrawals should be above 50k. Of course, majority of the people were against it. Note that the policy hasn't been approved yet.

I went to Diamond bank today to withdraw 10k. I was refused. My ATM was in another state. The cashier said I had to re apply for another ATM or go get the one I had. I had to go meet the manager, he signed on my withdrawal slip before the cashier obliged me.

I asked the cashier if the policy was from CBN or was it a Diamond bank policy. He said it was from the CBN but it hasn't been approved for implementation. Diamond bank just decided to implement it.

I saw alot of people stranded at the bank today. The queue at the ATM is better imagined.

Has this been noticed by anyone?

Re: Has Anyone Noticed This? by histemple: 2:54pm On Jun 22, 2016

Refusing to pay you on the basis of not having your ATM card is an absolute violation of your right and a breach of the SLA.

Perhaps they could only charge you for OTC withdrawal.

Re: Has Anyone Noticed This? by Chuksemi(op): 11:00pm On Jun 22, 2016

histemple:
Refusing to pay you on the basis of not having your ATM card is an absolute violation of your right and a breach of the SLA.

Perhaps they could only charge you for OTC withdrawal.

Nobody agreed to pay me oh. Untill the manager consented. I do not know why Diamond bank decided to implement it.

Re: Has Anyone Noticed This? by dav8id(m): 11:14pm On Jun 22, 2016

Chuksemi:
Nobody agreed to pay me oh. Untill the manager consented. I do not know why Diamond bank decided to implement it.

same with first bank in abuja.in fact they have being doing this since last year.

Re: Has Anyone Noticed This? by Chuksemi(op): 6:02am On Jun 23, 2016

dav8id:
same with first bank in abuja.in fact they have being doing this since last year.

This development is unwelcome oh. Eh!

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