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Payment Of New Deposit/Withdrawal Charges Optional - CBN - Politics - Nairaland

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Payment Of New Deposit/Withdrawal Charges Optional - CBN by MediaGuru36: 8:16am On Sep 22, 2019
The Central Bank of Nigeria (CBN) says the newly introduced controversial charges on bank deposits was optional.

The CBN also said that charges on withdrawals from banks were optional for individuals and businesses.

Igbere TV reports that the apex bank made the claims on its verified/official Twitter handle Sunday morning.

“Under the cashless policy, please note that the payment of deposit/withdrawal charge is a choice by individuals and businesses”, it said.

“CBN has provided various options to receive and and pay out money above the limits without having to pay any charge”, the statement added.

The CBN, however, refused to disclose the said "option(al)" even when its followers demanded to know.

The Central Bank had recently introduced a controversial 2 per cent charges on deposits and withdrawals above N500,000.

According to the CBN, the new charges, which takes effect from five states, applies on individual and corporate accounts.

http://igberetvnews.com/1012237/payment-new-deposit-charges-optional-cbn/

2 Likes 1 Share

Re: Payment Of New Deposit/Withdrawal Charges Optional - CBN by MadeInTokyo: 8:18am On Sep 22, 2019
Mad CBN
Mad Policy
Mad Buhari

137 Likes 8 Shares

Re: Payment Of New Deposit/Withdrawal Charges Optional - CBN by nonxo007(m): 8:19am On Sep 22, 2019
This is a very shallow and silly statement by the apex bank, why hide information from Nigerians when their hard earned money is involved ? It seems to me that we do not have qualified decision makers at the CBN. What sort of half baked information is this, optional?
Why put out the statement if you won't give us full details, like we are beggers with our money in our own country.

139 Likes 5 Shares

Re: Payment Of New Deposit/Withdrawal Charges Optional - CBN by Nobody: 8:19am On Sep 22, 2019
Who will pay? Nigeria I tire for You People

2 Likes

Re: Payment Of New Deposit/Withdrawal Charges Optional - CBN by Osnami: 8:19am On Sep 22, 2019
These people are confused

64 Likes 5 Shares

Re: Payment Of New Deposit/Withdrawal Charges Optional - CBN by HeyCorleone(m): 8:19am On Sep 22, 2019
The CBN just wants to use mental gymnastics to confuse people.

The other day, they gave a shady example on how the 2% only affects money above 500k. so if it's 501000, you pay 2% of the 1000, that's N20.
But who the hell withdraws N501000?

59 Likes 3 Shares

Re: Payment Of New Deposit/Withdrawal Charges Optional - CBN by Nobody: 8:20am On Sep 22, 2019
Optional as in I have to indicate in my deposit/withdrawal slip I want to pay charge or not? Which kind country is this.

112 Likes 9 Shares

Re: Payment Of New Deposit/Withdrawal Charges Optional - CBN by NwaOhafia: 8:20am On Sep 22, 2019
Scammers everywhere, even in government

45 Likes 4 Shares

Re: Payment Of New Deposit/Withdrawal Charges Optional - CBN by dont8(m): 8:20am On Sep 22, 2019
Who is fooling who? Saving face after several backlashes.

Policy somersault will haunt this administration, they made this statement not that they know what they're telling the public but an afterthought to buy time to land safely after a bad decision.

58 Likes 3 Shares

Re: Payment Of New Deposit/Withdrawal Charges Optional - CBN by Jasseyfrd(m): 8:20am On Sep 22, 2019
Enjoy NL

1 Like

Re: Payment Of New Deposit/Withdrawal Charges Optional - CBN by missimelda01(f): 8:20am On Sep 22, 2019
Do they think we are fools ni

What other option won't involve money? They are currently stealing from us but they want to make it official. I don't see any reason why I should be charged when I receive a credit alert. This is daylight robbery please

You sleep with #20,000 in your account, wake up to #19,950..the devil will tempt you to recharge your phone before you know it current balance #19,000 and the cycle continues embarassed

Na piggybank (AKA kolo) go sure pass.. no time for this rubbish angry

45 Likes 2 Shares

Re: Payment Of New Deposit/Withdrawal Charges Optional - CBN by Mordecai(m): 8:20am On Sep 22, 2019
If you utilize the various options available for payments - POS, QR code, USSD, etc, you would not need cash. Or you'd need just minimal cash.

17 Likes

Re: Payment Of New Deposit/Withdrawal Charges Optional - CBN by Nobody: 8:21am On Sep 22, 2019
Optional as in I want to deposit now and I tell the cashier "hello, I feel generous today I would like to pay for my deposit charges."

If that's the way optional now works, can paying phcn bill also be optional.


https://www.nairaland.com/5410734/buy-install-car-tracker-affordable

34 Likes 4 Shares

Re: Payment Of New Deposit/Withdrawal Charges Optional - CBN by healthserve(m): 8:21am On Sep 22, 2019
What an aroogant and ill willed response.


Rather than continue to play politics, the senators should no the needful. This is disdainful and anti people and shouldn't be allowed to see the break of light

16 Likes 1 Share

Re: Payment Of New Deposit/Withdrawal Charges Optional - CBN by tsephanyah(f): 8:21am On Sep 22, 2019
cheesy

7 Likes

Re: Payment Of New Deposit/Withdrawal Charges Optional - CBN by Adagunduro: 8:21am On Sep 22, 2019
Crazy unfriendly policies all the times.

6 Likes 1 Share

Re: Payment Of New Deposit/Withdrawal Charges Optional - CBN by Vicben(m): 8:21am On Sep 22, 2019
This is Nigeria

1 Like

Re: Payment Of New Deposit/Withdrawal Charges Optional - CBN by pacino26(m): 8:22am On Sep 22, 2019
Bikonu how is this optional cuz last I checked Nigerian banks go ahead to make deductions and what you get is just the alert. So how do we negotiate with these financial terrorists eh

23 Likes 2 Shares

Re: Payment Of New Deposit/Withdrawal Charges Optional - CBN by Lordave: 8:22am On Sep 22, 2019
Who would want to be charged for depositing and withdrawal of funds?

The kind of people in government agencies make you wonder if there’s any limit to how foolish Nigerians can be.

angry

9 Likes 2 Shares

Re: Payment Of New Deposit/Withdrawal Charges Optional - CBN by revenge001: 8:22am On Sep 22, 2019
optional how grin cheesy
Re: Payment Of New Deposit/Withdrawal Charges Optional - CBN by Horduhar5: 8:23am On Sep 22, 2019
shocked
Re: Payment Of New Deposit/Withdrawal Charges Optional - CBN by mascot87(m): 8:23am On Sep 22, 2019
Re: Payment Of New Deposit/Withdrawal Charges Optional - CBN by NaijaWebDesign(m): 8:24am On Sep 22, 2019
grin
Re: Payment Of New Deposit/Withdrawal Charges Optional - CBN by OlujobaSamuel: 8:24am On Sep 22, 2019
So no transaction fee for ussd, online banking, etc?
When your CBN is also a yahoo coy

5 Likes 1 Share

Re: Payment Of New Deposit/Withdrawal Charges Optional - CBN by SuitAndTie(m): 8:24am On Sep 22, 2019
Optional as in, when you decide to make cash withdrawals or deposits in excess of the limits given it is assumed you have chosen to pay the fine. wink

7 Likes

Re: Payment Of New Deposit/Withdrawal Charges Optional - CBN by ednut1(m): 8:24am On Sep 22, 2019
We just like to sensationalize things here. I even thought the charge applied to all the deposits. Even mechanics and petty traders have bank accounts. Why should anyone be carrying cash above 500k

20 Likes 1 Share

Re: Payment Of New Deposit/Withdrawal Charges Optional - CBN by neweraomo: 8:25am On Sep 22, 2019
Nonsense
Re: Payment Of New Deposit/Withdrawal Charges Optional - CBN by joseph1832(m): 8:26am On Sep 22, 2019
All this is just noise making. I know Nigerian banks, greedy sons of bitches, until when you want to make deposit or withdrawal that's when you'll know if it's optional of not.

4 Likes 1 Share

Re: Payment Of New Deposit/Withdrawal Charges Optional - CBN by mimilogs: 8:27am On Sep 22, 2019
Better
Re: Payment Of New Deposit/Withdrawal Charges Optional - CBN by BizBayo: 8:29am On Sep 22, 2019
Walahi, this is funny! So you mean I will see the option to be charged for making deposit or withdrawal and I will choose such option? They should tell us another story. So I will choose an option to be scammed. Yeye dey smell

6 Likes 1 Share

Re: Payment Of New Deposit/Withdrawal Charges Optional - CBN by KingOfAmebo(m): 8:29am On Sep 22, 2019
What manner of confused confusion is this? Banks will still charge you whether or not it is optional...Is CBN now a commercial bank or a regulatory body? cuz me I am not understanding this romantic confusion going on between them.

9 Likes 2 Shares

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