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Kuda Bank Is no Longer Free: See Reason - Celebrities - Nairaland

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Kuda Bank Is no Longer Free: See Reason by ScholarNaijas: 6:43am On Jul 13, 2022
Monday, in a pop-up message to customers via its app, the bank said the N50 introduction was in line with the federal government’s Stamp Duty Act.

The bank said the stamp duty deduction applies to all electronic transfers and would commence on July 15, 2022.

“In line with the federal government’s duty act, we‘re required by law to apply a N50 charge to all depositors of N10,000 or more made into your Kuda account,” the message reads.

Read more

https://scholar9ja.org.ng/kuda-bank-is-no-longer-free/

2 Likes 1 Share

Re: Kuda Bank Is no Longer Free: See Reason by ahnie: 7:09am On Jul 13, 2022
Lolx
Re: Kuda Bank Is no Longer Free: See Reason by emmabest2000(m): 7:28am On Jul 13, 2022
No free lunch
Even in Freetown

3 Likes 1 Share

Re: Kuda Bank Is no Longer Free: See Reason by Flora2Sweet: 7:28am On Jul 13, 2022
Nothing is free, Even in free town
Re: Kuda Bank Is no Longer Free: See Reason by ojun50(m): 7:41am On Jul 13, 2022
I don tell una make una beware of this online bank
Re: Kuda Bank Is no Longer Free: See Reason by totiamiyu(m): 7:48am On Jul 13, 2022
A #50 charge on every #10,000

is something I still consider totally free

4 Likes

Re: Kuda Bank Is no Longer Free: See Reason by DaInferno(m): 8:14am On Jul 13, 2022
Just uninstalled the app

It defeats the purpose for which I downloaded it for. undecided

Heading to Abeg app, credits you for every deposit
Re: Kuda Bank Is no Longer Free: See Reason by Jamesbiodun(m): 9:57am On Jul 13, 2022
I stopped using kuda bank last year ... I prefer palmpay and opay
Re: Kuda Bank Is no Longer Free: See Reason by LogicBomb8: 11:31am On Jul 13, 2022
DaInferno:
Just uninstalled the app
It defeats the purpose for which I downloaded it for. undecided
Heading to Abeg app, credits you for every deposit
how much
Re: Kuda Bank Is no Longer Free: See Reason by ridwanlawal: 11:37am On Jul 13, 2022
DaInferno:
Just uninstalled the app

It defeats the purpose for which I downloaded it for. undecided

Heading to Abeg app, credits you for every deposit
chair abeg yarn me update
Re: Kuda Bank Is no Longer Free: See Reason by Olatoman(m): 12:00pm On Jul 13, 2022
ScholarNaijas:
Monday, in a pop-up message to customers via its app, the bank said the N50 introduction was in line with the federal government’s Stamp Duty Act.

The bank said the stamp duty deduction applies to all electronic transfers and would commence on July 15, 2022.

“In line with the federal government’s duty act, we‘re required by law to apply a N50 charge to all depositors of N10,000 or more made into your Kuda account,” the message reads.

Read more

https://scholar9ja.org.ng/kuda-bank-is-no-longer-free/

The easy solution is have a transfer of NGN9,999.00 (assuming a one time transfer of 10k)

1 Like

Re: Kuda Bank Is no Longer Free: See Reason by RealEzee(m): 12:13pm On Jul 13, 2022
Olatoman:


The easy solution is have a transfer of NGN9,999.00 (assuming a one time transfer of 10k)

grin wahala don start
Re: Kuda Bank Is no Longer Free: See Reason by phyya(f): 12:13pm On Jul 13, 2022
I wonder why branch isn't popular. Transfers are totally free. You get cashback when you buy airtime. You earn weekly cash rewards. When you save, you get 20% interest.

Totally nice app. Go check it out.
Re: Kuda Bank Is no Longer Free: See Reason by DaInferno(m): 5:05pm On Jul 13, 2022
ridwanlawal:
chair abeg yarn me update
update no dey, just head on to play store and search abeg
Re: Kuda Bank Is no Longer Free: See Reason by HeavenVGate: 8:49pm On Jul 13, 2022
Make OPAY no try that sh!t Ooo. Anyday them try that, that's would be the last time using Opay
Re: Kuda Bank Is no Longer Free: See Reason by Olatoman(m): 9:21pm On Jul 14, 2022
RealEzee:
grin wahala don start

Lol abi na, rather lose 1 naira than 50 naira

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