Sterling Bank Limited has unveiled a groundbreaking development that brings hope to countless Nigerians who have been grappling with the burden of excessive bank charges in recent months.
This announcement shines a much-needed light during a challenging period, promising relief and potential financial rejuvenation for many.
The campaign has generated lots of reactions with a breathe of relief for their customers. …CONTINUE READING
The CBN recently announced that ATM withdrawals made at a machine owned by a bank but outside its branch premises will now attract a charge of N100 per N20,000 withdrawn.
ATM withdrawals at shopping centres, airports or standalone cash points, will incur a N100 fee plus a surcharge of up to N500 per N20,000 withdrawal. Banks ‘are advised to apply the increased ATM fees with effect from March 1, 2025.’
A significant number of Nigerians have expressed their concerns regarding the recent increases in bank charges, leading to widespread discouragement regarding this policy. Among the various banking institutions that implemented these changes, Sterling Bank has notably announced a reversal of its position
On its Facebook and Twitter walls, the bank posted a campaign of ‘Nigerians are no fools!Enough is enough. No more quiet suffering. We’re doing our part by cancelling Tranfer Fees
Let the other banks copy.
This development has received lots of reactions from Nigerians in the comment sections.
