₦airaland Forum

sluvy4tune:
Sterling charged 206 ? Chisos

Access bank is the next big fraud


They charged me 225 as at Monday this week

I swear, I'm so glad that i didn't open an access bank account yet.

senoreetah:
What i noticed is that, aliexpress use blackmarket rate, why ebay and paypal use official rates

U probably have ur reason for saying this, but i think it's the same thing. It's the card issuer (ur bank) that decides how much they sell a foreign currency to u, depending on how much they buy from CBN.

unmask:
hi guys,
just want to sound a note of warning after what I went through at the hands of gtb (N224/1$) where I lost almost 6k

banks are trading using interbank exchange rates which is high
so at checkout, it is better to checkout in naira as merchants such as amazon will use the official rate. however, if you use checkout in dollars, you will be subject to very volatile rates


I paid for an item on ebay charged in dollars unfortunately for me, the seller did not claim his money until after a week....by then the interbank rate had risen from 207 to 224....while the cbn rate was 199.

I created a thread here where we are monitoring the dollar rates. Post there also.

Here - www.nairaland.com/2172391/monitoring-dollar-rate-ourselves-closely

Jeffy1206:
ok sir but pay 200 for my account first then ill process it to your account

My manager did not agree.

Jeffy1206:
Hmmmm this one some banks are so cheap... una sure say no be their marketing agents the work here

If not I'm watching sterling and stanbic now

Lol. I'm working for Otondo Microfinance Bank. We have VISA, Master and even black card. Our rate is 100 naira per dollar. But you only pay into your account through my Ecobank Account

Tobiizzy:
Made a purchase from Amazon dollar value $19.38, bank debit Alert 3866.11

Mhen nice rate oh! But who uses StanbicIBTC these days mhen? Lol.

DAvIt0:
Feedback on the card

Won't get it till tomorrow and i'm guessing it won't work till Friday.

Tobiizzy:
Tuesday 17 March StanbicIBTC 199.50 mastercard

Ahhhh! This ones aren't making any gain oh. Them just dey give u straight. Central bank value, well almost.

Please post how much was in the alert and how much the dollar value was. Make we divide.

tyconcepts:
Do we post jokes here too? Don't get the bolded.

#184,004 / $816


Access bank rates use to be one of the best.

Some people don't calculate it well, sorry oh. Just wanted to be sure.

tumababa:
did you send money through paypal site or you paid on ebay? this increase might be due to 5% paypal fee

wisehouse:
access bank done wipe my acount. #225 per dollar, paid on ebay via paypal. paypal no colect anytin. bye bye to acces bank visa.

As tumababa said, PayPal charges fees as long as you aren't using PayPal credit. If you are paying through a card added on PayPal. I read it only a few days back.

https://www.paypal.com/ng/cgi-bin/webscr?cmd=_display-receiving-fees-outside

On this page - "It's always free to send money to friends and family when you use your PayPal balance or bank account. Fees apply only if the sender uses a credit or debit card, or if you receive any payment for goods or services"

So if you didn't use PayPal credit, as you didn't. U were likely charges PayPal fees.

Reactivated my Diamond bank account last week, activated Internet and Mobile Banking then requested for ATM Card (VISA) today. I just hope that Diamond Bank will show me love with good rates. Surprisingly thier VISA Cards take only 3 working days. Dats cool. So by Thursday or Friday latest, I should be able to share Diamond Bank rates. Cheers.

tyconcepts:
DATE : March 16th, 2015
BANK : Access Bank Plc
CARD TYPE : Visa Card
CURRENCY : $
RATE : 225.5

Damn! Dats high. i was even complaining about Ecobank being 217.5. Thank God i didn't open Access Bank account yet oh. But u sure of this?

tumababa:
₦247,282.28 divided by $1200

206.1 mhen dats a very good rate oh! U ship with Chinos also?

obosirow:
Ecobank sef. Are you sure they are not selling to mallams and getting the mallams to sell back to the public?

Lol. Every bank sells to mallams I assume but 360 is their official pound rate.

guente02:
Oya e don do. Lets get back to the purpose of the thread.

Lol. Abi? Someone told me dollar has hit 240 i actually believed it because i was charged 360 per pound. But people told me GTB still charge around 208. Last time i tried, Ecobank charged me 217.5

madridfc:
You re just being arrogant. He gave his sincere opinion, nobody is competing with You or something, why call him a liar?? Smh.

Never called him a liar nor meant he was a liar. i merely disagreed with his opinion. Everyone should be allowed an opinion. And if only u had spent time to read my last post, u will see where i acknowledge that I'm sure he had his reasons for saying what he said. You even quoted it.I also rememeber phrasing it like this "It's a lie, according to my experience" which clearly suggests that he might have had a different experience. So please don't barger me online. Only cowards fight over the Internet anyways, and I'm not one of them so stop being unnecessarily emotional. Again, I never meant he was a liar and i am truly sorry if dats what he assumed i meant.

tumababa:
sorry for the lie. let us know when you get your refund and how much you gained.

I am sure you have a reason for saying whatever u said. But here is evidence.

This is from ECOBANK NIGERIA. Showing purchase in first image and refund in second image.
As i said, Naira value dropped between 8th of December 2014 and 9th February 2015. I state facts, i don't assume.

https://i57.tinypic.com/zr8k8.jpg

https://i60.tinypic.com/15ib5g8.jpg


This is from ACCESS BANK GHANA. Showing purchase and refund.

https://i58.tinypic.com/fnfprs.jpg

tumababa:
hope you know that for cancelling the order after you have already been charged, you should expect a loss of like 8k when you get a refund. cancelling an order immediately you have been charged is not a good idea for a naira account

It's not my first time. It's a lie, according to my experience. As long as they haven't shipped it out yet, the money hasn't been debited from ur account, it's just pending. Happened to me before. The refund took 17 days to return and when it came, the money was even more as Naira had lost value in that time. Regardless, I'll give u a feedback when it comes.

yemight2776:
Am not sure about that, but i don't think it would have reach that because the last one i did which is last week is 208 per dollar.

ryusufu:
they charged me N207.58 yesterday

Laredojohn:
My last charge on gtb was abt 208 too, dnt think, it going to be upto 238 now

Okay, thanks for the reply guys! Please also know that there's a thread here where we report the dollar rates to help us know how much the rate is before we buy anything. Share ur rates on there whenever u make a purchase. Cheers!

The thread - www.nairaland.com/2172391/monitoring-dollar-rate-ourselves-closely

I heard GTB charged 238 per dollar yesterday. Who can confirm this?

ozor1:
the naira is seriously fvcked up bro,Igbo man no dey carry last na so u sharply terminate the thing

I'm telling you Nna! 360! Come on!

DATE: Today
BANK: ECOBANK
CARD TYPE: VISA
CURRENCY: £
RATE: 360.3

Placed an order on Asos for 220 pounds. Immediately i saw the alert, i cancelled the order. I budgeted 320. Wayy too much!

Does anyone have an idea how much pounds is?

Does anyone have an idea how much pounds is when buying online? Last i checked, it was like 316 or so.

ozor1:
lol,that's the problem with gr bank,very few branch

Lol. Yes. I just don't know why.

Now I'm torn between Access and GT. The problem i have with GT is that here in Lagos, i don't know about elsewhere but there are always too many ppl in the bank.

Lol. How does chinosxl know solaceTK's age?

Anyways, lets all try to calm down, no need flaring unnecessarily, ur ranting won't clear the goods. I'm certain Chinos doesn't intentionally want to hang on to your goods. Because believe it or not, no matter how much u spent on them... Chinos has more to lose than urself. Bottomline: Keep Calm and wait.

konami001:
When will march 2nd pickup begin please?.... just itching to get hold of my big box

Big box?!

Thespecialone:
Gtbank master card
N206.57
March 4th,2015

Nice!

mavinc4u:
I will share but is a front page material which would need another thread. I will post the link here when am done with that.

Okay then, cool.

I called one of their branches around my area and the requirements are

1. Idenfication (Any of National ID, Voters Card, Diver's License, International Passport).
2. Proof of Address (Nepa bill or water bill not older than 3 months)
3. 2 recent passport photographs
4. Minimum of 2,000 naira, as 1,000 is operating fee of the account and the other 1K is for ur ATM card. But i asked for both Visa and Verve cards and Internet banking, so the guy said it was 3,100 for everything. I'll just use 4 or 5K.

Dats about it

mavinc4u:
Hmmm, Access bank? Your money is not safe there. Wait till you hear my gist besides they all have double charges, there is always what they call settlement at the end of any transaction. That settlement junction is only noticed by people with eagle eyes except that one will claim no hidden charges.

Lol mate, if you have something to share, Please do. Dats the point of the thread. I'm gonna get an Access Bank account along with a couple others.

Good going Chino! Dats how you put everyone at ease, you know people get riled up when their money is on the line. Just try to update the thread when there is an issue, and there won't be issues. If you know what i mean
Cheers mate!

ozor1:
what if they decide to go mad too,just like first bank??as at Jan,they were almost $10 cheaper than other banks.just get gtbank, they are more stable

Actually i have Access Bank account from Ghana and a visa card even and they always got good rates even there. And it's not ths first time someone recommended them. Also, i have plans to get a GT too. One at a time. Plus it's not possible for one bank to always always have the best rates. The idea is having as many options as possible.

tonjeola:
no hidden charges. that was what i was charged

Already decided to open an Access Bank account tomorrow. Lol.

tonjeola:
i think so

My friend said GTB charged him 218 just yesterday. Are u sure there aren't hidden charges or commisions you don't know about? I'm taking it's Access Bank Visa card yes?