BANK CHARGES IN NIGERIA IS A FRAUD, ALL YOU NEED TO KNOW

I have lived in UK a few years
now and NEVER has my bank ever charged me one penny for bank
transfer.
NEVER. NOT ONCE.
I’m sorry. But that 52 naira 50kobo that Nigerian banks deduct per
transaction, what exactly is it for?
Why is no one speaking out against this blatant fraud?
Next is the fraudulent “Card Maintenance Fees” by our Nigerian
banks. Please how are you maintaining a card that lives in my
wallet?
I have about 3-4 UK Bank Cards here. Both credit cards and debit
cards.
I have NEVER paid any such thing as a “Card Maintenance Fee”.
NEVER EVER.
The Nigerian Banking Sector is an unfortunately over-bloated
industry that thrives on systemically entrenched policies that
terribly defrauds us Nigerians and lives on cheating the average
citizen of the hard earned money that is entrusted in their care to
help save and invest.
You want to send money to someone from your Nigerian bank
account and you first have to plan an extra 52 naira 50kobo.
Money that is electronically sent from one Nigerian bank account
to another Nigerian bank account
What exactly is the charges for?
Why is this fraud tolerated?
Someone said the charges goes to NIPOST. I want to believe it is
mere trolling as it makes absolutely no sense.
Please, How is Nipost involved in an ELECTRONIC money transfer?
Did I put the money in an envelope and post it? Or what?
We deserve better.
This is systemic cruelty.
When I applied for ATM Cards in UK (both debit and credit), I was
NEVER charged a penny.
The card is given free.
And “maintenance”, if there’s any such thing, is done free.
IF we never get the chance to see how things happen in other
places, we won’t know we are being cheated.
When I applied for an ATM Card in Nigeria, I was charged 1,000
naira to have one.
And I’m being charged some extra regularly in the pretence of an
imaginary “Card Maintenance Fees”.
This is systemic corruption and a fundamental banking fraud
aimed at impoverishing us Nigerians.
Let’s do a little maths, dear friends.
According to NIBSS, as at December 2017, there was almost
65,000 daily Electronic Fund Transfers in 2017.
At 52.50 naira per transaction, that’s over 3 million naira a day.
And about 1 billion naira a year.
Should this fraud continue?.

5 Comments

  1. Guy seriously .
    Hmmm
    ???

  2. ok

  3. okay

  4. gud update

  5. So sad

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>




Enter Captcha Here :