A Twitter user has exposed the
excesses of some of Nigeria’s commercial banks and their marathon deductions of
customers’ accounts without tenable reasons. In a long Twitter thread, by Bibire Omotoyosi Salihu, she explains
how the so-called CASHLESS policies have caused more harm to customers as they
continue to wail without being heard by adequate authorities who are supposed
to guard and control the excesses of these banks.
A thread on Bank Transactions.
She Tweets
Nigerian Banks have finished this
Nation. They are silent killers and unarmed robbers.
If you're in doubt, below are
series of charges always placed on innocent customers in a single banking
transaction.
1 VAT.
2. Account maintenance charges
3. SMS alert charges
4. Transfer charges
5. Postal STAMP DUTY charges
6. Weekend charges.
Now, the Apex bank, the unarmed
robbers' boss introduced a CASHLESS ECONOMY whereby everyone does not need to
carry cash for any transaction.
The problem is this: I am Cement
Trader. The landing cost of a bag of cement is #2,550 while we sell #2,600.
That is a profit of just #50 per bag of cement.
Now on every 2 bags of cement, a
customer transfers #5,200 into my account due to CASHLESS policy and my profit
is #100.
To my amazement, the bank
deducted the following on that transaction!
1. #53 transfer charges.
2. #100 Postal STAMP duty.
3. #6.98 VAT.
4. #76 SMS alerts charges.
5. #93.13 account maintenance
charges.
If that was not enough,on every
single transaction, both account FROM which money is being transferred and the
account TO which money is being transferred were charged for same transaction.
If you're in doubt, find out by
requesting for your account statement.
Don't forget the bank had already
laid off and reduced number of staff due to self service banking system o bcos
more customers don't have to visit banking hall for transaction again. So.
Amount being paid on salaries and allowances of staff has dropped.
Did the CBN Governor or FED
government know what they are doing at all.??
Or it was a deliberate act of
exploiting the poor citizens?
So, we are now being tricked,
enslaved by Government and the Bank?
This government will still come
and collect income tax, trade permit at both state and federal level.
Who did we offend in Nigeria for
us to have such extremely bad leaders, worst agencies and bad Nation like this?
No wonder businesses are folding
up and liquidated on daily basis!?!
No wonder people now bury cash in
cemeteries and farms?
Our Senators and House of Rep
members who are supposed to be vanguard
of the common people are not but a curse as well.
Who will put an end to all this
injustice?
While I run around in the rain
and sun for business to survive, the bank management just sit back in air conditioning
and relax to feed on our sweat.
Very soon, they will complain of
shortage of cash in circulation because people will find alternative savings
and security for the cash.
By
BANJO STEPHEN
Here's a link to Bank charges as set out by the
CBN bit.ly/36MNT1k
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