hayoholla:


Unfortunately, mindset like this will defeat the purpose

How will his mindset defeat govt policy?

What exactly is the benefit of the policy?

May be this rule is applied to some individuals or states because i still withdrawn the sum of #120k yester night.

Wetin una dey use cash do na the question

Why would someone want cash of 100k and above.
I understand for those running POS business

This will affect pos vendors
It will drop their income but it may not affect them in another way due to the fact that majority if the people who patronise them don't withdraw huge amount,they will still be making their profit but where the issue lies is how they will bypass the 100k limit to pay their customers cos they won't want to pay the 5 percent
All in All a change of government can render this policy null
Peter obi,atiku,tinubu may change everything

What about the processing fee?

THINKING I WAS TO READ SOMETHING DIFFERENT,THIS ONE IS JUST WASTING SPACE

This Nigeria is a country filled with stress

noble71:

Thanks for this information



Meanwhile sell your Pi to us at good rate.

How much are you buying

Andrewkinggg:
What of bank customers that intends to buy a car, a house or pay a huge amount of money for a transaction?

You will do transfer

Another useless article by yeye blogger.
It was not hidden that you can withdraw any amount in the bank. The point is that you will be charged exorbitant processing fees.

Babastrong:
May be this rule is applied to some individuals or states because i still withdrawn the sum of #120k yester night.

The policy starts next year.

Bad...good news for yahooboys, this country is a joke

noble71:

Thanks for this information



Meanwhile sell your Pi to us at good rate.

What's your rate

noble71:

Thanks for this information



Meanwhile sell your Pi to us at good rate.

how much do you people buy?

Nothing good goes down well with Nigerians.

The truth is physical cash aids so many bad practices.

The policy is good, it will only bite us small, say 3months before we start appreciating the advantages.

noble71:

Thanks for this information



Meanwhile sell your Pi to us at good rate.

How much are u buying it?

Rules are made for reasons and if you are here trying to defeat those reasons you are due for jail.

[quote author=jmoore post=119207772] The policy starts next year.
[ Okay, Thanks.]

noble71:

Thanks for this information



Meanwhile sell your Pi to us at good rate.

how much?

A305:
This would only prevent people from saving huge sum of money in the bank when they know It will be a mountainous task to take out the money when needed urgently, (especially business men who need huge cash to run their business), in other words — the whole idea of cashless policy will be defeated if these set of huge spenders refuses to keep huge cash in the bank.

Any serious business will make transfers for high value transactions. Even mallams have accounts these days.

Nigeria is fast becoming Zimbabwe. The beauty of Nigeria is slain upon thy high places: How are the mighty fallen! Tell it not in Accra, Publish it not in the streets of Yaoundé; Lest the daughters of the Ghana rejoice, Lest the daughters of the Cameroons triumph. NIGERIA IS FINISHED, IRREVOCABLY!

This is so unnecessary. Was the account not opened with a valid government approved IDs?

noble71:

Thanks for this information



Meanwhile sell your Pi to us at good rate.

do you buy pi?

This country must always create loopholes for crooks to have alternatives, this is another way of making some people reach inside the bank again, We are just too un serious in anything we do, if u want to start completel cashless banking, don't give any waiver

What point are you making saying what is already known and why didn't you mention the charges applied after withdrawing above your limit. What's the need for this thread Mr OP?

flexyrule:
These ones didn't even bother to read the topic.







OP. Thanks for the info.

I like what the CBN and Buhari administration are doing.

Most times, money laundry is carried out using cash. With this new initiative, proceeds of crime and corruption can be effectively traced.

But they should have sorted out the issue of security. Imagine when kidnappers demand 20m ransom...

Omoh. You go just dey play.

Now imagine when they demand 20k USD crypto.

Yeah, there are other options for criminals.

If you are interested in selling your PVC... don't contact me again please

noble71:

Thanks for this information



Meanwhile sell your Pi to us at good rate.

how much ?

noble71:

Thanks for this information



Meanwhile sell your Pi to us at good rate.

Pi hunters don come to NL? So if I may ask, how much are you paying for a π?

Meanwhile sell your Pi to us at good rate.[/quote]

How much do you buy a PI coin?

The above info is good for business account. For personal account, watch the video below that wouldn't waste you time waiting for Bank Manager signature.

The CBN said you can withdraw above the limit BUT, the government would take 5% for individuals and 10% for company account.

The 1 minute video below would show you how to withdraw above the limits WITHOUT waiting for Bank Manager signature, showing multiple ID and even showing blood test and DNA test.
⬇️⬇️⬇️

https://www.youtube.com/watch?v=RfaIEnw15w0

DirtyGold:
This thread is a bloody waste of space... just rehashing what was there right from the beginning!

Nobody EVER said you cant withdraw above limits. Infact, there has been cash withdrawal limits for years now. CBN just simply updated lowered it to a point that everyone will notice.

What's tha business?

And herein lies the problem. Why bring it so low if you are not targeting ordinary people? This is to people who are saying yes, this will help fight corruption and money laundering as if there weren't limits before which didn't fight anything.