Using an ATM: Staying Cautious and Safe

By: Onyinyechi Nneji0 comments

ATMs have brought significant convenience to many bank customers when it comes to cash withdrawal transaction. Cardholders now have significant flexibility on when and where they want to get...

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How much should you pay for withdrawal from an ATM?

By: Onyinyechi Nneji0 comments

Charges for cash withdrawal from ATM is covered by section 10.6 of the 2017 CBN Guide to Charges by Banks as follows: Withdrawal from your bank’s ATM is free. Regardless of...

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You & SMS Charges

By: Onyinyechi Nneji0 comments

What are Transaction Alerts? Transaction alerts are notifications sent to you by your bank when you make a transaction on your account. It is a mandatory requirement of the...

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Factors affecting the interest you earn on your savings account

By: Onyinyechi Nneji0 comments

The interest that you receive on your savings account is the money you have earned on the account. It is a function of the interest rate paid by your bank. It...

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Savings accounts with zero opening amount

By: Onyinyechi Nneji0 comments

Savings accounts come with various features. While there are a number of savings accounts requiring minimum opening and operating balances, there are also a number of savings accounts with...

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