Ecoterrorist:
You signed for change and Change must you enjoy

coachwilcox:
Nope. The idea is to encourage a cashless society to discourage corruption.

Online payments, mobile money and card transactions are to discourage a corrupt society.

NenweIstson:
What has Igbo got to do with this? You forgot that the clueless finance minister kemi adosun who is a Yoruba heads ministry of finance which oversees cbn?

Omotolu:
...though,I wanted change, I did not bargain for unreasonable and callous change. I wanted a change that improves citizenry well-being.

Priest200:
I now understand the context of the bible that says when d righteous is in power the people rejoice....and when the wicked rule..hmmm.this government wan kill us..

hedonistic:
Nigerian banks don't know anything about banking. Sounds counterintuitive but true. Very lazy thieves. The classical way banks worldwide make money by lending depositors funds at a decent interest rate and investing such funds in profitable schemes, supplemented by standard COT for certain transactions. You don't make money by unilaterally dipping your itchy fingers into individuals accounts to collect whatever levies you concoct. This is ridiculous.

Of course Buhari would stay aloof like the soulless Dullard that he is. Such a cold, heartless beast just like his Fulani band of murderous herdsmen. Jonathan was a listening president and he would have never allowed such an obnoxious policy to stand after receiving feedback on the hardship it will inflict on poor Nigerians.

hedonistic:
Nigerian banks don't know anything about banking. Sounds counterintuitive but true. Very lazy thieves. The classical way banks worldwide make money by lending depositors funds at a decent interest rate and investing such funds in profitable schemes, supplemented by standard COT for certain transactions. You don't make money by unilaterally dipping your itchy fingers into individuals accounts to collect whatever levies you concoct. This is ridiculous.

Of course Buhari would stay aloof like the soulless Dullard that he is. Such a cold, heartless beast just like his Fulani band of murderous herdsmen. Jonathan was a listening president and he would have never allowed such an obnoxious policy to stand after receiving feedback on the hardship it will inflict on poor Nigerians.

1miccza:
This CBN are gradually becoming armed robbers,this plan would never see the light of the day in Jesus name... Armed robbers in power... What are they maintaining??

SycophanticGoat:



That one is only a bigot, thank goodness he's already displaying his frustration on here. By 2019, let him carry APC matter for head again. Make e go vote one useless and brainless old goat way go use magic change him life to angelic life. Gullible and tribalistic set of people..

Ecoterrorist:
Next time listen very well and know if its Chains or Change

diva90:
Yea I was charged this N100 fee last month. Was wondering what it was for. I also wonder why first bank is no longer paying me my monthly interests any more. Is it just me or are there other people affected?

baebae:
The Central Bank of Nigeria (CBN) has proposed a N100 monthly charge on every debit card (ATM card) in the country.
The new charge is separate from the existing N65 charge after the third withdrawal within the same month. .

A monthly maintenance fee of N100 was also proposed every month for naira dominated debit card when used , and a N50 charge for other months when the card is used or not.
In its draft on the“guide to charges for banks and other financial institutions in Nigeria”, CBN has also proposed a N4,200-per-annum charge on foreign currency denominated cards as maintenance fee .

The apex bank has also proposed a N50 charge on every cheque leaflet obtained and used at the deposit money bank’s counter, The Cable reports. This is not the same as the collection charge on cheques, which is also proposed to be“one percent of cheque value or Naira equivalent of US $10 whichever is lower”.

The circular, signed by Kevin Amugo, director financial policy and regulation department, stated:

“The Central Bank of Nigeria is currently reviewing the extant Guide to Bank Charges, which came into effect on April 1, 2013,”

“The review, which is in line with the philosophy of periodically ensuring that the provisions of the guide accord with current realities, also seek to address complaints from customers of financial services, requests for clarification on provisionof the guide and absence of a tariff regime for other financial institutionsin Nigeria.

source
https://www.naij.com/765237-cbn-introduces-new-monthly-charge-atm-cards.html?_e_pi_=7%2CPAGE_ID10%2C1350216675

Are these CBN folks ins@ne?

How many CHARGES would one pay in a MONTH, for using the Bank?

Is it the populace that looted the treasury or why are they taking it out on "ordinary Nigerians"!

seunmsg:


What will Buhari benefit from ATM card charges?

Is the charges going into the coffers of government or the banks?

Just like I said on a thread earlier today, we apportion blames based on sentiments and emotions instead of common sense and pragmatism. Instead of calling out the greedy banks and their CBN collaborators, most of you are shouting Buhari. What has Buhari got to do with this?