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Nairaland Forum / Nairaland / General / Business / Access Bank To Refund Stamp Duty Deductions (54090 Views)
Stamp Duty Charges Extended To Savings Account / POS Stamp Duty: FG Reviews 50 Naira To Transactions Above 10 Thousand Naira / 50 Naira Stamp Duty For Transactions Above 1000 Naira (2) (3) (4)
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Re: Access Bank To Refund Stamp Duty Deductions by hadex90(m): 8:47pm On Jun 28, 2020 |
CBN has hand in this, most banks started stealing from their customers during this covid-19 period, I remember they hole meeting with CBN and CBN told them they should not sack staffs, I guess stealing is the next line of action. Hushpuppi Crew |
Re: Access Bank To Refund Stamp Duty Deductions by authority2006(m): 8:51pm On Jun 28, 2020 |
NwaNimo1: Watch your language. Be that as it may, they didn't do anything wrong, only that they did it late. 2 Likes |
Re: Access Bank To Refund Stamp Duty Deductions by authority2006(m): 8:53pm On Jun 28, 2020 |
Sirheny007: Probably, that's what you owed. |
Re: Access Bank To Refund Stamp Duty Deductions by DAVE5(m): 8:53pm On Jun 28, 2020 |
kaycyor: I know Still doesn't change the fact that it's very unnecessary or it annoying to my pocket We weren't charged that ridiculous fee as of 5 months ago to as far back as over 10 years I've been banking neither has it helped improve Nigeria's welfare so it's still annoying and uncalled for |
Re: Access Bank To Refund Stamp Duty Deductions by ynotsadeek(m): 8:54pm On Jun 28, 2020 |
Way back in 2010, I closed down my Access Bank account. They have been robbing their customers since time immorial. Me, I'm just flexing with Standard Chartered Bank. Zero transfer fees, Zero SMS charges, Zero ATM charges, Delivery of card to your address. Check my siggy for App download link 1 Like 1 Share |
Re: Access Bank To Refund Stamp Duty Deductions by fof1: 8:56pm On Jun 28, 2020 |
Ravon: FRAUD AT ALL LEVELS OF OPERATIONS. CBN, FGN AND D BANKS ARE COMPLICIT IN CRIME AGAINT D NIGERIAN CITIZENS. THIS BUHARI GOVERNMENT IS UTTERLY CONFUSED AND MISGUIDED,MISDIRECTED AND ANTI PEOPLE INDEED. 1 Like |
Re: Access Bank To Refund Stamp Duty Deductions by authority2006(m): 8:56pm On Jun 28, 2020 |
Jaculze: You're a liar! I don't know who you are lying here to. Stamp duty is mandatory for all banks to deduct from transaction of 10k and above that comes into customers' accounts. Are you telling me that your GTB haven't been deducting 50 naira since February 1st this year? 2 Likes |
Re: Access Bank To Refund Stamp Duty Deductions by ladychioma: 8:58pm On Jun 28, 2020 |
Access Bank, is the deduction made as COVID 19 palliative?. Is this how to compensate your customers in this hard time?. This is very unfair and it's unacceptable . |
Re: Access Bank To Refund Stamp Duty Deductions by kayalcomp: 8:59pm On Jun 28, 2020 |
Access bank can deduct for Africa! Not only Stamp duty. They deducted my money to the extend I went to their customer care to complain. They explain bla bla. I vex forget my account with them when they deduct it to a small token (<N100). When they have nothing to deduct again, they stopped. EFCC suppose probe the management of that bank. I now use another bank. I wonder how their current customers cope with their much deductions. |
Re: Access Bank To Refund Stamp Duty Deductions by Ayemileto(m): 9:00pm On Jun 28, 2020 |
Lawrry: For every single transaction above 10k you receive, you get charged N50. The money goes directly to CBN. So, if you get charged 150 for stamp duty today, that means you receive 3 incoming transaction of 10k or more. 1 Like |
Re: Access Bank To Refund Stamp Duty Deductions by authority2006(m): 9:00pm On Jun 28, 2020 |
kaycyor: Stamp duty is only on inflow. Outflow is transactional charges if it is between two different banks |
Re: Access Bank To Refund Stamp Duty Deductions by franugo(m): 9:00pm On Jun 28, 2020 |
Ayemileto: Registered where exactly Where did you get this info from? Doesn't tally whatsoever with what I know |
Re: Access Bank To Refund Stamp Duty Deductions by ayusco85(m): 9:01pm On Jun 28, 2020 |
2 Likes 2 Shares
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Re: Access Bank To Refund Stamp Duty Deductions by Ayemileto(m): 9:03pm On Jun 28, 2020 |
franugo: Go make a withdrawal on a Saturday or Sunday, or transfer money to someone. Then check your statement of account. The date of the transaction will be the Next Monday. |
Re: Access Bank To Refund Stamp Duty Deductions by authority2006(m): 9:04pm On Jun 28, 2020 |
adewumiopeyemi: They didn't have to return it because it is what individual customers truly owed the CBN/FG. But the fear of closing of accounts made them to resolve to bear the cost on behalf of their customers. They didn't deduct the duty as the transactions were taking place. 1 Like |
Re: Access Bank To Refund Stamp Duty Deductions by jakD: 9:11pm On Jun 28, 2020 |
olumide4christ: I was using Zenith before I changed to Access thinking they were better. Zenith then would charge me monthly for card maintenance whereas my card couldn't do any transaction then. I complained severally, they didn't do anything but kept charging me. I had to leave there. Till today, they keep charging. Now, they said I'm owing them close to 2K as if I borrowed money o. Now, I'm going to GTB. I just hope I won't regret that though. |
Re: Access Bank To Refund Stamp Duty Deductions by jakD: 9:15pm On Jun 28, 2020 |
willieguy: What did they do please because they are the next bank I'm going to o |
Re: Access Bank To Refund Stamp Duty Deductions by fcdgrand(m): 9:17pm On Jun 28, 2020 |
OBJlive:bros na true, my 450 naira phone credit just finish, nobody pick, only just dey play music, chai |
Re: Access Bank To Refund Stamp Duty Deductions by franugo(m): 9:22pm On Jun 28, 2020 |
Ayemileto: Maybe it depends on the bank but zenith uses the exact date...access too I think. |
Re: Access Bank To Refund Stamp Duty Deductions by Rexraph18(m): 9:22pm On Jun 28, 2020 |
willieguy: Exactly oo.. Recently, GTB has been charging me 150naira daily for stamp duty.. Today too, I sent 5k to another GTB account only to discover my remaining balance is short of 300 naira.. This is really getting frustrating |
Re: Access Bank To Refund Stamp Duty Deductions by olalekanyeba: 9:23pm On Jun 28, 2020 |
GTbank and First Bank to follow suit |
Re: Access Bank To Refund Stamp Duty Deductions by fcdgrand(m): 9:24pm On Jun 28, 2020 |
ynotsadeek:hmm too sweet, i will love to open account but wait o!, are you a marketer? |
Re: Access Bank To Refund Stamp Duty Deductions by realtalk19: 9:25pm On Jun 28, 2020 |
I have been refunded. |
Re: Access Bank To Refund Stamp Duty Deductions by willieguy: 9:25pm On Jun 28, 2020 |
Unending and unnecessary deductions stamp duty, SMS charges alone na die and many other charges. Its killing jakD: |
Re: Access Bank To Refund Stamp Duty Deductions by naturefellow(m): 9:27pm On Jun 28, 2020 |
Ayemileto:yes, stamp duty. Thanks for the education! But why is everyone going gaga about it since Access Bank debited them yesterday? Are they the first bank to charge for stamp duties? Why is theirs different? How's this different from extortion? Look, i have a bad history with access already. Long before this event. So I'm unfazed really! 1 Like |
Re: Access Bank To Refund Stamp Duty Deductions by Nobody: 9:29pm On Jun 28, 2020 |
Organized crime. Why are they refunding it back? Has CBN suspended the decision to collect stamp duties (3 times/month) or is just once and access decided to take more two? I wish our system works in this country, you guys would have faced class A suites but no wahala. I have already transfered everything out. U can eat d remaining kobo there. Make sure u debit me next month. Idiots |
Re: Access Bank To Refund Stamp Duty Deductions by Ayemileto(m): 9:30pm On Jun 28, 2020 |
naturefellow: They didn't deduct it immediately. I also think they sent alert. Imagine just deducting stamp duty from February - June yesterday. GTB deducts it same day, and they won't even send you alert. You'll only see it if you check your Statement of Account. So most people don't know. 1 Like |
Re: Access Bank To Refund Stamp Duty Deductions by naturefellow(m): 9:32pm On Jun 28, 2020 |
Ayemileto:interesting! |
Re: Access Bank To Refund Stamp Duty Deductions by ynotsadeek(m): 9:32pm On Jun 28, 2020 |
fcdgrand: No boss, just a satisfied customer! |
Re: Access Bank To Refund Stamp Duty Deductions by supereagle(m): 9:39pm On Jun 28, 2020 |
willieguy:I bought airtime of #300 from my account this morning, they deducted #500. What's #200 for? |
Re: Access Bank To Refund Stamp Duty Deductions by iyaegin: 9:39pm On Jun 28, 2020 |
Lol....what you guys don't realize knowing Access Bank for what they are is that someone will bear the cost of those refunds.some people would either get sacked or suspended with loss of pay..e too sure... 1 Like |
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