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CBN Suspends Processing Fees On Large Cash Deposits - Business - Nairaland

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CBN Suspends Processing Fees On Large Cash Deposits by chokekachy: 1:46pm On Dec 11, 2023
The Central Bank of Nigeria has issued a new directive to all banks, other financial institutions, and non-bank financial institutions, suspending the processing charges previously imposed on large cash deposits.

11 Likes 3 Shares

Re: CBN Suspends Processing Fees On Large Cash Deposits by silvoclaira: 1:56pm On Dec 11, 2023
Thats better



Processing charges should also be suspended in all transactions

31 Likes 4 Shares

Re: CBN Suspends Processing Fees On Large Cash Deposits by alpharoyalty: 1:57pm On Dec 11, 2023
Nice

1 Like

Re: CBN Suspends Processing Fees On Large Cash Deposits by MANNABBQGRILLS: 1:57pm On Dec 11, 2023
Very Good Development.

Slow and steady we will get to the nation of our dreams.
A land flowing with milk and honey.
God bless Nigeria 🇳🇬

19 Likes 6 Shares

Re: CBN Suspends Processing Fees On Large Cash Deposits by tommykiwi(m): 1:57pm On Dec 11, 2023
K
Re: CBN Suspends Processing Fees On Large Cash Deposits by MANNABBQGRILLS: 1:58pm On Dec 11, 2023
dondodo:
Igbos are pained right now
Can you try to be reasonable for once?
Must everything be about tribalism to some of you?
This is gettin outta hands mehn.
Y'all need to do better.
Sigh 😕

54 Likes 6 Shares

Re: CBN Suspends Processing Fees On Large Cash Deposits by id4sho(m): 1:58pm On Dec 11, 2023
Economy don scatter finish tongue
Re: CBN Suspends Processing Fees On Large Cash Deposits by ecolime(m): 1:58pm On Dec 11, 2023
This is a good initiative
Re: CBN Suspends Processing Fees On Large Cash Deposits by Antoeni(m): 1:59pm On Dec 11, 2023
Mumu CBN, OPAY is Far BetterThan CBN and Other Nigeria Commercial Banks

28 Likes 4 Shares

Re: CBN Suspends Processing Fees On Large Cash Deposits by datola: 1:59pm On Dec 11, 2023
Berrer

2 Likes

Re: CBN Suspends Processing Fees On Large Cash Deposits by zhad(m): 1:59pm On Dec 11, 2023
id4sho:
Economy don scatter finish tongue
Nice Move

1 Like

Re: CBN Suspends Processing Fees On Large Cash Deposits by FLYFIRE(m): 1:59pm On Dec 11, 2023
dondodo:
Igbos are pained right now
Igbos are the only ones giving your father migraine ba

14 Likes

Re: CBN Suspends Processing Fees On Large Cash Deposits by reiddecuti: 1:59pm On Dec 11, 2023
Confusion up and down.

Trial and error! Na their trademark. Always keep wrecking the economy.
Re: CBN Suspends Processing Fees On Large Cash Deposits by specialmati(m): 1:59pm On Dec 11, 2023
dondodo:
Igbos are pained right now
grin grin grin grin grin yes ooh because you can't mine their skull

10 Likes

Re: CBN Suspends Processing Fees On Large Cash Deposits by kennyz247(m): 1:59pm On Dec 11, 2023
Policy
Re: CBN Suspends Processing Fees On Large Cash Deposits by Franzinni: 1:59pm On Dec 11, 2023
Oya...
Re: CBN Suspends Processing Fees On Large Cash Deposits by abhosts(m): 1:59pm On Dec 11, 2023
What is the aim of this policy if not to mop up cash from circulation?

6 Likes

Re: CBN Suspends Processing Fees On Large Cash Deposits by zoomzoom(m): 2:01pm On Dec 11, 2023
[quote author=dondodo post=127427967]Igbos are pained right now.

I decree that you should henceforth be IGNORED!!!...
And SO SHALL IT BE!!!.
Re: CBN Suspends Processing Fees On Large Cash Deposits by Bobloco: 2:01pm On Dec 11, 2023
dondodo:
Igbos are pained right now

You have been turned into an internet wildebeest devoid of any meaningful sentience, reason and rationality

5 Likes

Re: CBN Suspends Processing Fees On Large Cash Deposits by babajero(m): 2:01pm On Dec 11, 2023
dondodo:
Igbos are pained right now
which tribe processes large cash in Nigeria than the Igbos? The policy was targeted at the Igbos in the first place.

3 Likes

Re: CBN Suspends Processing Fees On Large Cash Deposits by Wealthoptulent(m): 2:02pm On Dec 11, 2023
[quote author=chokekachy post=127427767][/quote]
Re: CBN Suspends Processing Fees On Large Cash Deposits by Artiiclebeast: 2:02pm On Dec 11, 2023
Going about in circles.

Confused lots.
Re: CBN Suspends Processing Fees On Large Cash Deposits by seborrhic: 2:03pm On Dec 11, 2023
silvoclaira:


Dude are you normal?
You are asking an abnormal, obviously mentally challenged or frustrated person if he is normal?
There are many of them on this forum,on both sides,either posting fake news or posting tribal slurs on every thread.

2 Likes

Re: CBN Suspends Processing Fees On Large Cash Deposits by rhythyson: 2:03pm On Dec 11, 2023
dondodo:
Igbos are pained right now


How? do you understand comprehension at all? or you just want to be noticed?

O ga ooo

2 Likes

Re: CBN Suspends Processing Fees On Large Cash Deposits by OkayDaddy: 2:03pm On Dec 11, 2023
dondodo:
Igbos are pained right now

This policy favours Igbo traders. They mostly handle large volumes of cash.
Then, in Northern markets too, cash is king

2 Likes

Re: CBN Suspends Processing Fees On Large Cash Deposits by Blueace247(f): 2:04pm On Dec 11, 2023
How do I benefit from this?

Re: CBN Suspends Processing Fees On Large Cash Deposits by thedataguy: 2:04pm On Dec 11, 2023
Their is still enough time to finish that your academic research project this year.

Reach out, let's fast track you achieving this

Re: CBN Suspends Processing Fees On Large Cash Deposits by silvoclaira: 2:04pm On Dec 11, 2023
seborrhic:

You are asking an abnormal person if he is normal?

Oh really.... wow but seems you too is abnormal right?
Re: CBN Suspends Processing Fees On Large Cash Deposits by yoniehuin(f): 2:06pm On Dec 11, 2023
Antoeni:
Mumu CBN, OPAY is Far BetterThan CBN and Other Nigeria Commercial Banks

which school did you graduate from? go and collect your school fees

5 Likes 1 Share

Re: CBN Suspends Processing Fees On Large Cash Deposits by yoniehuin(f): 2:08pm On Dec 11, 2023
the government is trying to mob out money from the system

once you deposit large amount of money, you cant withdraw large amount again.

the only means of sending large amount of money is through your banking apps, in the next 3-6 years, 70% of transactions will be carried out online

3 Likes

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