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How Much Does POS Charge For Withdrawal In Your Area? - Business (3) - Nairaland

Nairaland Forum / Nairaland / General / Business / How Much Does POS Charge For Withdrawal In Your Area? (24685 Views)

POS Operators Increase Charges For Withdrawal, Deposit / CBN: N50 POS Charge To Be Paid By Businesses Not Customers / N50 Stamp Duties POS Charge Begins (2) (3) (4)

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Re: How Much Does POS Charge For Withdrawal In Your Area? by Easylife1234: 6:49pm On Jan 28, 2023
;
oka4ugoo:
Bullion vans now carries old currency without siren and police escort. grin grin grin

Armed robbers have suspended operation till further notice.
grin
Re: How Much Does POS Charge For Withdrawal In Your Area? by Nobody: 6:49pm On Jan 28, 2023
3000 naira for 10k. I wan swear for the woman today ehn...

1 Like

Re: How Much Does POS Charge For Withdrawal In Your Area? by Babastrong(m): 6:51pm On Jan 28, 2023
Why can't you say truth for once. 7millar ko, 7k ni.

1 Like

Re: How Much Does POS Charge For Withdrawal In Your Area? by NECO1998: 6:53pm On Jan 28, 2023
BRIMBRAM:


Lies
Lies? I just left there now. #200 for 2k.
Re: How Much Does POS Charge For Withdrawal In Your Area? by EkiranAlexmedia(m): 6:56pm On Jan 28, 2023
FalseProphet1:
They charge the regular amount for me because they know I'm a prophet and they know what I'm capable of doing of they try to exploit me.

This I have seen.

My gallant false prophet 1? I always enjoy ur fake prophecies

2 Likes

Re: How Much Does POS Charge For Withdrawal In Your Area? by Slynation(m): 6:57pm On Jan 28, 2023
CaptainFM1:
F**Ked up country! POS beside banks will have money, but ATM machine will not because the bank staffs are all cartels in the POS industry.

Like there must be parallel (Black market) side to every sector in Nigeria. Once an official business is created, Nigerians....,starting with government officials themselves will create a faux and parallel market alongside.

Think about it. Absolutely no sector is left out!
Banks makes more profits from POS operations than any other services...So they prefer to give out new notes to their POS vendors than regular customers. POS agents can walk into the bank at any time to collect new notes even if there is a long queue...

Will you give preferential treatment to your POS operators if you're a bank owner?? The answer is YES!!

1 Like

Re: How Much Does POS Charge For Withdrawal In Your Area? by BRIMBRAM: 7:02pm On Jan 28, 2023
NECO1998:
Lies? I just left there now. #200 for 2k.
It's not there business that your transaction is less than 10k. The charges is per 10k.
Re: How Much Does POS Charge For Withdrawal In Your Area? by millionboi2: 7:02pm On Jan 28, 2023
sammyscholar:
How did you know he brought 7 million?
d way some ppl open mouth and lie atimes,you begin to blame social media

1 Like

Re: How Much Does POS Charge For Withdrawal In Your Area? by Elidrisy20: 7:06pm On Jan 28, 2023
Emiefele is a bastard

1 Like

Re: How Much Does POS Charge For Withdrawal In Your Area? by Alliswell248: 7:07pm On Jan 28, 2023
oka4ugoo:
Bullion vans now carries old currency without siren and police escort. grin grin grin

Armed robbers have suspended operation till further notice.

Are you one of them?
Just asking..
Re: How Much Does POS Charge For Withdrawal In Your Area? by CaptainFM1: 7:13pm On Jan 28, 2023
Slynation:
Banks makes more profits from POS operations than any other services...So they prefer to give out new notes to their POS vendors than regular customers. POS agents can walk into the bank at any time to collect new notes even if there is a long queue...

Will you give preferential treatment to your POS operators if you're a bank owner?? The answer is YES!!

I guess it's the same thing we are saying.
What is good for the Greeks is not good for Ugandans....and that's why there's chaos everywhere. No equality before the law.

We are our own problems yet we always think one leader will come with a magic wand to solve our problems. The wall-to-wall corruption within the civil society is probably at par with the government.

3 Likes 1 Share

Re: How Much Does POS Charge For Withdrawal In Your Area? by AskProf: 7:15pm On Jan 28, 2023
MaDaRa01:
As the scarcity of new notes keep increasing. The pos operator have hiked up the charges for withdrawal.

To withdraw 10k is 1k. Thats 10%. The pos man brought 7mil(new mint notes and 100 notes) yesterday morning and by evening all have been withdrawn, making more than 500k profit that day.


He told you he brought that much?

Ask him how much was allocated by CBN to the bank?

Peddlers of fake news.
Re: How Much Does POS Charge For Withdrawal In Your Area? by Princemedico18: 7:17pm On Jan 28, 2023
This Evening. I withdraw 10k for N200
Re: How Much Does POS Charge For Withdrawal In Your Area? by yaki84: 7:30pm On Jan 28, 2023
MaDaRa01:
As the scarcity of new notes keep increasing. The pos operator have hiked up the charges for withdrawal.

To withdraw 10k is 1k. Thats 10%. The pos man brought 7mil(new mint notes and 100 notes) yesterday morning and by evening all have been withdrawn, making more than 500k profit that day.
Where did he get 7million from?
Re: How Much Does POS Charge For Withdrawal In Your Area? by ogorwyne(f): 7:37pm On Jan 28, 2023
Princemedico18:
This Evening. I withdraw 10k for N200
They are charging 4k to withdraw 20k. 1200 for every 1000. Crooks too plenty for the nation.
Re: How Much Does POS Charge For Withdrawal In Your Area? by Father4all: 7:57pm On Jan 28, 2023
This whole rubbish will end two weeks from now
Re: How Much Does POS Charge For Withdrawal In Your Area? by theamazonguru(m): 8:09pm On Jan 28, 2023
FalseProphet1:
They charge the regular amount for me because they know I'm a prophet and they know what I'm capable of doing if they try to exploit me.

This I have seen.

You meant to say, they know you are a fake prophet who sees no genuine vision.
Ordinary Coronavirus you no fit see and you dey call yourself prophet.

Yinmu.
Re: How Much Does POS Charge For Withdrawal In Your Area? by cigaricon(m): 8:13pm On Jan 28, 2023
1k charge for 10k withdrawal
Kubwa Abuja
Re: How Much Does POS Charge For Withdrawal In Your Area? by otiokponaetiani(f): 8:24pm On Jan 28, 2023
10k is 1k then anything above 5k is 500. 1k to 4k is 300kpa. They are not even begging. It's take it or leave it. We will survive.
Re: How Much Does POS Charge For Withdrawal In Your Area? by PrayWills: 8:27pm On Jan 28, 2023
MaDaRa01:
As the scarcity of new notes keep increasing. The pos operator have hiked up the charges for withdrawal.

To withdraw 10k is 1k. Thats 10%. The pos man brought 7mil(new mint notes and 100 notes) yesterday morning and by evening all have been withdrawn, making more than 500k profit that day.

Lie lieπŸ˜‚πŸ˜‚
Re: How Much Does POS Charge For Withdrawal In Your Area? by Holluwhakemmy(f): 8:33pm On Jan 28, 2023
MrEndowed1:
Is the 10k new notes?
Yes
Re: How Much Does POS Charge For Withdrawal In Your Area? by Holluwhakemmy(f): 8:35pm On Jan 28, 2023
Lamanii22:
in my areaa its 300 for 10k but i did 30k for 300 at cele express
Here in Ile-Ife Mayfair area on 1k it is now 100 charges.

1 Like

Re: How Much Does POS Charge For Withdrawal In Your Area? by farem: 8:41pm On Jan 28, 2023
sammyscholar:
How did you know he brought 7 million?

You they mind the op. Which branch of a commercial bank branch when his national Assembly assigned pos has 7ml
Re: How Much Does POS Charge For Withdrawal In Your Area? by FireUpNow(m): 8:52pm On Jan 28, 2023
MaDaRa01:
As the scarcity of new notes keep increasing. The pos operator have hiked up the charges for withdrawal.

To withdraw 10k is 1k. Thats 10%. The pos man brought 7mil(new mint notes and 100 notes) yesterday morning and by evening all have been withdrawn, making more than 500k profit that day.
You be his secretary to know how much he brought? Take am easy oo baba.
Re: How Much Does POS Charge For Withdrawal In Your Area? by JayTommy(m): 8:54pm On Jan 28, 2023
200 for 2k
Re: How Much Does POS Charge For Withdrawal In Your Area? by KingOfBoyz1(m): 9:05pm On Jan 28, 2023
oka4ugoo:
Bullion vans now carries old currency without siren and police escort. grin grin grin

Armed robbers have suspended operation till further notice.
just dey play...
Re: How Much Does POS Charge For Withdrawal In Your Area? by mastermaestro(m): 9:08pm On Jan 28, 2023
mmsen:


I still do not understand why some people are so insistent upon cash. It's such a stupid mindset.
Cash is cumbersome.

Have you experienced fake transfer? Have you initiated an online transfer that either took hours before receipt? Do you live in a rural area where network is largely unstable and an online transaction can fail while in process with a debit alert following?

Cash remains the most trusted form of financial transaction in this dubious country. Some people would receive a credit and lie that they didn't get it. You find yourself stuck in one place waiting for them to acknowledge receipt.

Have you not seen people visiting banks for over a month just to resolve a failed online transaction? Go to banking halls from Monday through Friday, you will find them filling forms upon forms to no avail.

I do online too. However there are circumstances where I peacefully withdraw cash, hand it over to save me time as well as prevent any perceived eventualities. I simply follow my instincts.

3 Likes

Re: How Much Does POS Charge For Withdrawal In Your Area? by jessylaurel(f): 9:16pm On Jan 28, 2023
MaDaRa01:
As the scarcity of new notes keep increasing. The pos operator have hiked up the charges for withdrawal.

To withdraw 10k is 1k. Thats 10%. The pos man brought 7mil(new mint notes and 100 notes) yesterday morning and by evening all have been withdrawn, making more than 500k profit that day.

How did you know he brought 7mil nawa o. Where did he get them from.
Re: How Much Does POS Charge For Withdrawal In Your Area? by Axis313(m): 9:22pm On Jan 28, 2023
oka4ugoo:
Bullion vans now carries old currency without siren and police escort. grin grin grin

Armed robbers have suspended operation till further notice.
grin
You really crack me up.
But what will happen if there is an extension for the old currencies.
Re: How Much Does POS Charge For Withdrawal In Your Area? by BennyDGreat: 9:32pm On Jan 28, 2023
ocloud:
Stop all this lies even Banks doesn't get 7m to load in there terminals and it's somehow impossible to get 7m new note at the counter this time. But if that happens, it means our bankers are sabotaging the CBN efforts.

One can get anything in most places in Nigeria if you settle
Re: How Much Does POS Charge For Withdrawal In Your Area? by oka4ugoo: 9:43pm On Jan 28, 2023
Axis313:

grin
You really crack me up.
But what will happen if there is an extension for the old currencies.

The old currency is already useless. With what people are currently passing through, if there is an extension, people will hardly accept the old currency again as medium of exchange. The extension can only be for the owners to go and deposit it in the bank nothing more.

3 Likes

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