₦airaland Forum

chuchwhite:
Not true bro.. I also use my zenith mastercard to transfer to other banks on Quickteller and i get charged 100 bucks for each transfer i do..

Oh! Maybe it's Zenith. Do u also get OTP via SMS? I don't get charged with Ecobank Mastercard. I always transfer money to my Diamond bank to buy stuffs, never charged. Transfered to GT and Access last week. No charge. If i use my verve, 100 naira, Mastercard 0.

@Jeffy1206 you and i think @opeyemmmy were saying something about Stanbic beneficiary something something. Can't remember Lol. I got something like that today after requesting for my internet banking be processed. Might not be correct, but i think dat somehow, this is not a wrong or scam email. Maybe a glitch, maybe procedure. My advice is don't click anything till u show the bank. Anyways, confirm if it's a similar email u received below.

Jeffy1206:
thats same response I got... Just maiden name fa Anyways I just hope it Wil worth ask stress sha if not

Just mother's maiden name they asked (her surname before she got married, I think. Lol) Just ask them for everything you need, you know the best thing? Send them an email, they will call u back, those guys call you more than a clingy girlfriend. See my call log below. Lol.

EUGENE4GOO:
Is it true that internet banking don't charging when you are using the platform on quickteller? All my transaction I have made so far using cards of UBA, ECOBANK and FIRSTBANK cards, they always charge me #100 on quickteller.

If you use your Verve card on Quickteller, you get charged 100 naira per transaction except you are buying recharge card. But if you use ur mastercard, no 100 naira charge. I always use my master card.

Jeffy1206:
Any latest on zenith?

EUGENE4GOO:
Abeg, somebody should confirm what Zenith bank is charging per dollar

Standby, @sinebaba would update you guys. If he has any info.
I was thinking of getting a Zenith too, but nah! I'll get GTB instead because of the majority and GTB to GTB transfer, every client asks me if i have a GTB account first. Lol

Now Stanbic are telling me that my mother's maiden name is not updated on my account so i have to visit their branch to update it before they can enroll my card for online transactions, something i filled on the form oh. Omo I'm tired of these guys procedures, but on the bright side for you guys, you can learn from all these and reduce ur number of trips to the bank.

Update to my other post:
- Second trip: After opening the envelope containing ur Debit mastercard, and changing the pin. You will find a small update form in the envelope also, tell them that you want to update ur mother's maiden name on ur account so that your card will be able to enroll ur card for online transactions.

opeyemmmy:
Some of us do. Internet banking saves me money o.

I've done payouts of about 100K in one day on Quickteller before. And it cost me 0 naira.

Mizzzbeee:
tnx a lot wud do this.... #StanbicUp

tyconcepts:
Date : 7th April '15
Currency : $
Bank : Access Bank
Exchange rate : 208

#Time to port to Stanbic

Lol. We don't want both of you please, when u join now, dollar will go up to 300 naira.

@tyconcepts thanks for the update on Access rate. Added to first post.

opeyemmmy:
Yes. Stanbic allows you to do transfers and transactions through QuickTeller. Also, Stanbic has a seamless internet banking service. Transfer to other banks is charged at N75 while transfer within Stanbic is free.

Lol. How many people use Stanbic anyways? And who uses Internet Banking to transfer anyways? Quickteller FTW! (For The Win)

opeyemmmy:
I can confirm Stanbic Mastercard rate for usd is N199.5.

We sef go confirm our own tomorrow oh. Lol.

Jeffy1206:
Nice one Stanley, hope you can test the card to know the real date today

Lol. Sadly i can't test the card today, i tried it online and it was declined. Called Stanbic and they have caked me back twice since then, apparently the card has to be enrolled to be use online and dat can't be done till end of business day tomorrow.
So follow the advice i gave to the lady above and go very early. 9am affair. Lol.

Mizzzbeee:
No Stanbic branch in my area except I go to d island

All u need is 2 trips. Make full use of those trips.
- First trip: Go with the complete requirements for opening the account and a minimum of 2000 naira. But if you ask me, i say make it 3K like i did. And be prepared because the form is long oh. U will sign ur signature ehn! like 6 times. lol. The same day request for a Debit Mastercard (Costs 1050). Then collect the phone number of someone in the branch you can call.
- Second trip: First call the person, then when u confirm that the card is physically available at the branch then go. To be on the safe side, if they say Tuesday, go on Wednesday morning early (the enrollment talked about below, so dey can do it same day). After collecting ur card, and changing the pin, Request that ur card be enrolled immediately so that u can start using it for Online transactions. Also request for internet banking (free), and mobile banking (Costs 1050). You will need to fill forms for both of them.

Added: After opening the envelope containing ur Debit mastercard, and changing the pin. You will find a small update form in the envelope also, tell them that you want to update ur mother's maiden name on ur account so that your card will be able to enroll ur card for oblong transactions.
Also request dat you want to do any other updates on ur account that would make internet banking, mobile banking and ur card work seamlessly because it seems like these guys just like seeing customers faces.

The two charges amount to 2100 and dats why i said u should use 3K, bear in mind that their minimum operating balance is 500 naira, so after the whole thing you should have 400 naira available balance in ur account. But of course u can always decide to open the account with more than 3K, personally i like to test the waters first to avoid diving into a hot cup of tea.

If you follow these instructions, these 2 trips would be enough for u. Cheers!

As I said earlier, I went back to Stanbic at exactly 3:30pm, i was delayed a little but what's important is that i left with this beauty. Lol.
I can confirm that Ecobank and Diamond bank both charge 2.5% of transaction value for online transactions but as stated in the photo below, StanbicIBTC doesn't charge a dime. Online transactions are free, the reason why they have very good rates. Of course, POS transactions too are free. 240 naira is charged on all foreign mastercards and visa cards for every single withdrawal even if you are withdrawing 500 naira, that is normal for every bank. I lived in Accra for 3 years, i learnt this the hard way lol. Even when i use my Access Bank Ghana VISA card here in Nigeria, i am charged around 3 cedis per transaction i think.
Anyways! Time to see what Stanbic has for me. *EVIL LAUGH*

Mizzzbeee:
Zenith bank has a problem simple question wat is dollar rate as of today...... They are saying wen I make the transaction I would know ..

frebor:
No mind those yeye banks, when have something to hide na so so excuse.
Gtbank told me to visit their nearest branch before I can get the rates. As in no be from one branch dem dey reply me.

Lol. Dats why i like Stanbic. If you ask them on Twitter everyday, they will reply everyday.

Mizzzbeee:
Can u imagine.... IT means dey a-v something to hide... AT least urs is saying visit d nearest branch mine is saying make the transaction and wat u see is wat u get... If I see 235nko

Lol. If you aren't on Stanbic, you are on a LONG THING! Stanbic up! Zenith should be around 200 tho.

Jeffy1206:

I'm loving this stanbic no bank has ever ever called me but you know...
Stan are you back?

Ecobank called me today , and if you are talking to Diamond Care and the phone cuts, maybe ur credit finished, they will call u back. Ur current bank is stingy, they don't like paying for calls.
Yes i am, watch next post

Went to Stanbic my card wasn't there. after they told me it was available on twitter and via email. Going back at 3:30pm.

danniyal:
so how come that of banks is not coming down?

It would take time. Plus, the drop has to be significant.

tumababa:
wrong time to get a refund for items paid for 2 to 3 weeks ago.

I'm telling you.

slye:
Where dd you get it bro

My accessories guy at computer village.

oluwashegunfunm:
How come my aboki sold doolars to me yesterday afternoon at 195 per dollar

Because naira did gain some value some time last week i think. Some people are already saying Change is here. SMH. Lol.

Martiano:
Only E DIES

If C is Superman.

chaz007:
It's logical. C and E will die! The incline plane would project the rock towards E, while C gets crushed under the plane.

This babe is smart. Who don't like someone with a good head on their shoulders.

It simple. The grip mappings on ths right wall where E is standing makes, when he rolls the rock, the hole there will cover D's head so nothing happens to him. But then it land on the other side of the inclined plane and the effort kills C under then the weight shoots the rock on the other end towards E and crushes that Moofucker.

Lesson: KARMA is a B I T C H!

Me: You look like my second wife
Her: How marry times have u been married?
Me: Once.

I have a ROMOSS 10000 mAh power back and it charges my 3200mAh Xperia Z2. 1.75 times at best. Not up to 2 times. I guess that makes it fall around 5600mAh. Sad really.

jereal:
Date: 6th April
BANK: GTbank
CARD TYPE: MasterCard
Currency: $
Rate: 207.4

Thanks for the info. Updated in first post.

Mizzzbeee:
smh gbese bank

I swear, those ones are confusing. Their own dollar rate is heading towards pounds

frebor:
The GTCrea8 is not the best choice.
According to their website "The GTCrea8 e-Savers account is a flexible card account for students
Account holders can only perform transactions via e-channels (ATMs, Internet Banking, POS, and GTMobile). No Transaction can be processed in branches"

All savings account don't yield any interest after you might have carried out transactions up to 4 times in a month so if na interest rate dey interest you, you don sabi say e get condition.

Someone else said about the same thing. i won't do anything without speaking to someone at GTbank. GTSave might be better after all. Or staying away from GTB and their token madness might be the best. Lol.

Btw, Ecobank yesterday... bought an app for 0.99 from Apple store.
Was charged 235.68.

$1 = 1 x 235.68 / 0.99
$1 = 238.06

Lol. Evacuate from Ecobank!

koredex4love:
@ stanly ,pls can help confirm from ibtc ,if they buy dollars?

You can just tweet at them on twitter ur question, tho customer care reps won't have or give answers to that question.

StanbicIBTC as always, keeping us up to date.

$ - 199.50
€ - 219.45
£ - 299.77

Cheers!

biggboy:
I use a GTCrea8. It's a cool account for students. It's also a zero account. They pay good interest too. But Diamond SWAG account is better.

Thanks, I'll choose Crea8.
Lol. SWAG ke? Abeg I'm done with school, i don't need SWAG, I need DOUGH!

I want to open a new account online. GTBANK. GTCrea8 or GTSave?

tyconcepts:
Anyone has an idea of exchange rate in Access bank today??

Not me, but anytime i see ur name, i start thinking 'testimony'. Lol. Praise the lord!
Oya everybody, offering time!

opeyemmmy:
N210 seems not fair to me. If they don't pay physical cash, why charge your customers for foreign exchange and also service charge?
Bro, I'm talking about Mastercard rate which is a reflection of Stanbic official rate loaded on their e-banking channels. If the official rate is 199.5, Mastercard rate can never be 199.5... you have every reason to doubt me though. I'll be back on Tuesday to give a detailed analysis.

I don't disagree with u. I'm saying they charge 199.5 for transactions on the MasterCard not that they exchange with/from CBN at that amount. Afterall DiamondBank refunded me at 194.2 just last week. If they sell at that, it means they buy at lower. No idea, just makes sense. Stanbic might be buying lower too. I don't know. All will be answered when i get my mitts on That Stanbic Mastercard on Tuesday. Lol.

Jeffy1206:
I'm hoping very soon to get my card next week... We will all confirm it.
While is a .boki referred to as northerners it doesn't sound welk to me at all... Kind of trabalistic. Seun please correct cos it doesn't mean insult.

Me too, a.boki isn't an insult. Even if, it's nothing major. Seems me and u are getting it on Tuesday together afterall. Did they come to ur house for address verification too? Maybe they do it only in Lagos tho... They came to mine.

opeyemmmy:
Rates are not determined by those websites but rather by banks. You will be charged your bank's Mastercard rate. A case in point, on 31st March, the offer rate for pound on Stanbic internet banking was N296. I made a payment of £103.85 with my Stanbic Mastercard on that day and I was debited N31098... giving N299.46 as the rate.
To me, the cargo guys on NL are simply ripping NLers off with their ridiculous rates.
I should call you later in the day. Trust you are fine.

Lol what's the websites own? As long as they get their money in the currency they requested and it's complete. If ur bank likes, they should charge u 1 kobo to $1. Them no send. So u are right. Rates are decided by card issuer ERGO! Your bank.

EUGENE4GOO:
Thanks for keeping this thread updated

No problem mate. That's how it's meant to be. Cheers!

koredex4love:
shippers will always charge you at that rate or just a bit lesser,banks rate is the regulating foca point for trading,as dey also will wants to make little gain from it.and that is why i keep saying abokis rate is suspicious.

Lmao. It's amazing how Nairaland autocorrects A.b.o.k.i to Northerner. Lol. EPIC!

opeyemmmy:
Going by what StanbicIBTC rates are, why are the cargo guys on other threads charging NLers ridiculous rates, like N220 to a dollar? Beside their service charge, why the exorbitant rates? I just wish to know the rationale behind it... thanks guys.

Chinosxl charges at 210 i believe. Which is plenty fair. We can never tell with these things, so stop worrying ur head mate.

opeyemmmy:
The Stanbic dollar rate of 199.50 seems too good to be true. I expect it to be around N201-203. I can confirm the Pound rate is correct as I was charged N299.67 for a transaction just some days ago.

Beside dollar which has remained relatively stable over the past weeks, other currencies change every day and new rates are advised.

The question being asked to them is what they charge on their Mastercard. And not official rate. i think it's accurate. Lol. I think it's VERY accurate actually.

Mhen! StanbicIBTC is Awesome, i have officially ported to StanbicIBTC. Final!

EUGENE4GOO saw it lol.
But what interested me more is their Naira to Euro rate. I've tweeted at them asking for their naira to pound rate, hope they reply soon.