I went to a Wema bank branch yesterday to withdraw from my Domicillary account, but i was told they have stopped giving dollars. I wanted to make transfer and they said that was also impossible.

Who else is facing this challenge?

Note i still was able to withdraw last week. Could this be from CBN?

HardMirror:
I went to a Wema bank branch yesterday to withdraw from my Domicillary account, but i was told they have stopped giving dollars. I wanted to make transfer and they said that was also impossible.

Who else is facing this challenge?

Note i still was able to withdraw last week. Could this be from CBN?

That's naija for you. They don't have good plans for us. As it stands, people ll find another illegal means to be repatriating their money. We all know the impact in our economy..

This government is so messed up and every of their policies has always been in line to exterminate the common man. Right from closing up the borders which lead to an unimaginable hunger all round to realising terrorist back into the society which lead to worsening insecurity to numerous financial jargons.

You send money to an account the sender pay charges while you as the recipient also pay, all of a sudden they stopped direct international transfers to local accounts saying you have to go and get your dollars by hand and now they are saying you can't get the Dollar again so what do they expect people to do now

Mrkumareze:


That's naija for you. They don't have good plans for us. As it stands, people ll find another illegal means to be repatriating their money. We all know the impact in our economy..

they are only going to encourage illegal fx trading. Nonsense

Tokskob2008:
This government is so messed up and every of their policies has always been in line to exterminate the common man. Right from closing up the borders which lead to an unimaginable hunger all round to realising terrorist back into the society which lead to worsening insecurity to numerous financial jargons.

You send money to an account the sender pay charges while you as the recipient also pay, all of a sudden they stopped direct international transfers to local accounts saying you have to go and get your dollars by hand and now they are saying you can't get the Dollar again so what do they expect people to do now

they know what they are doing. Some interests are being served

HardMirror:
I went to a Wema bank branch yesterday to withdraw from my Domicillary account, but i was told they have stopped giving dollars. I wanted to make transfer and they said that was also impossible.

Who else is facing this challenge?

Note i still was able to withdraw last week. Could this be from CBN?

You should be able to withdraw or transfer. Possibly maybe wema bank has issues. So, what did they expect you to do with the money? Are they forcing you to sell at NIFEX rate or dash them? Atleast there should be an option unless your account has issues

Ddworld:


You should be able to withdraw or transfer. Possibly maybe wema bank has issues. So, what did they expect you to do with the money? Are they forcing you to sell at NIFEX rate or dash them? Atleast there should be an option unless your account has issues

my account has no issues. No one was being attended to on the fx section. They said till further notice order from above

HardMirror:
my account has no issues. No one was being attended to on the fx section. They said till further notice order from above

That is laughable. Highly ridiculous. I can still tell you that; it is either your branch has an issue or something is wrong with Wema bank. Why won't they give you access to your account. Try to make an official report. If the branch said they don't have USD, that is acceptable but also denying you transfer is highly ridiculous.

Try to find an importer that needs USD, agree terms wity each other and then submit form m

Ddworld:


That is laughable. Highly ridiculous. I can still tell you that; it is either your branch has an issue or something is wrong with Wema bank. Why won't they give you access to your account. Try to make an official report. If the branch said they don't have USD, that is acceptable but also denying you transfer is highly ridiculous.

Try to find an importer that needs USD, agree terms wity each other and then submit form m

that is why i opened this thread to know if it is just the branch, bank or every bank. Thanks for the tip

Share ur experience this week guys. If you have similar experience pls share

HardMirror:
Share ur experience this week guys. If you have similar experience pls share

the issue is from your bank. I sent about 250 usd to dedipath and digital ocean to clear pending server payment and the transaction was smooth without any issue.

telim:
the issue is from your bank. I sent about 250 usd to dedipath and digital ocean to clear pending server payment and the transaction was smooth without any issue.

thanks. Needed to hear this.

HardMirror:
...but i was told they have stopped giving dollars. I wanted to make transfer and they said that was also impossible.

This is half baked truth. No bank will deny a transfer for the reasons you stated, after all it's electronic money.
What if you had opened your online banking app and done the transfer? Will the bank stop and reverse it?
You probably did not listen well or you're just spewing false claims. People still withdraw money over the counter

QuoteJustOnce:


This is half baked truth. No bank will deny a transfer for the reasons you stated, after all it's electronic money.
What if you had opened your online banking app and done the transfer? Will the bank stop and reverse it?
You probably did not listen well or you're just spewing false claims. People still withdraw money over the counter

baba are u using wema bank? Abi u want me to send u screenshot? Wema dollar card had been down for over 2 weeks now. I have to go to the bank for transactions and right now they are saying they cannot do it. And no withdrawal over the counter. Abeg dont tell me about a problem i am passing through.
I just want to know if other banks have this problem i dont need you to tell me what my own bank is doing.

It's terrible. I've been trying to make a $100 payment but cannot because they've placed a miserable $20 limit on my naira account. For the USD account, they're saying they have no card for now. GTB is near useless.

Nigeria is not making enough dollars.

Of the dollars we make, most of it goes to pay off our debts, or to pay for imported fuel and the subsidy we pay on it.

That's why when voting...if your candidate does not have a plan to get us off oyel....don't vote for them (Especially APC).

It will get worse if Tinubu wins.

I don’t need dollars on a regular day. I jump and pass.

Truth, they've stopped giving it. I was in a union Bank head branch in ibadan two weeks ago and I asked to withdraw dollars too, instead they asked me to go to bureau de change to withdraw it that they don't have. I wonder why I keep a dollar account sef this days

Yo!lemme change that sh!t fa ya

lol since when..


UBA don stop dorm Transfer sef since last year or so....


They only want us to be spending Naira...

yes!!!!!

Naija is a crazy place.... why would you not be able to withdraw the same dollars you deposited in cash?

That's why investors will be uncomfortable bringing funds to Nigeria as your funds could be trapped.

Election

Buhari na thief...
Atiku bigger thief.....
Tinubu biggest thief........

meobizy:
I don’t need dollars on a regular day. I jump and pass.

Wehdone

I just opened a dollar account with access bank and paid in cash. They didn't tell me anything like that o.

I never do myself so?

Ok

Fidelity Bank has stopped paying USD for like 5 months now.

This government no get sense at all