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Bank Charges. Illegal Or Legal? - Nairaland / General - Nairaland

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Bank Charges. Illegal Or Legal? by sunnyolads1(m): 3:10pm On Sep 14, 2018
I need people in the house to please clarify the below charge s by Nigeria banks for me.

1. Whenever I made transfer to other banks I will be charged #50 commission and another #2.50k for Vat.
Is it normal to pay Vat over commission charged?

2. Whenever someone transfer money to my account I will be charged for a certain amount in my account.
Is it normal?

3 . Every month I am being charged for account maintenance fee and card maintainance fee at the same time.
Is it normal?

4.I bought a token and I was still charged for Vat on the price of the token.
Token is their product am I supposed to be charged for Vat on that again?

5. If I left like #50,000.00 in my account for 2 months or more by the time I check my balance it will decrease
Is it normal too?

6. And sometimes my bank will send me same message like 3 to 5 times or more and charged their normal sms charge on each message.
Is this normal or why all these?

Your education and clarification on the above will be appreciated.
Re: Bank Charges. Illegal Or Legal? by Alejoc(m): 3:11pm On Sep 14, 2018
Legally illegal with Central Bank backing..... They are take turn to Bleep us but




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