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Customers drag access bank over bulk stamp duty charge

Customers drag access bank over bulk stamp duty charges

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Home BANKING

Customers drag access bank over bulk stamp duty charges

by Tosan Olajide
June 28, 2020
in BANKING
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Customers drag access bank over bulk stamp duty charge

Customers drag access bank over bulk stamp duty charge

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Customers drag access bank over bulk stamp duty charges – Access bank customers woke up today on a sad note after debit alerts of stamp duty charges greeted their phones, account holders were charged between N200 to N100,000 depending on volume of transactions over the past three months.

The charges came bulky as a result of mistake on the part of the bank to charge stamp duties as directed by the Central Bank of Nigeria (CBN).

According to an email that was sent by Access Bank to its customers over the weekend, the accrued N50 stamp duty charge will be debited from applicable customers’ accounts for remittance to the Central Bank of Nigeria, CBN. Concerned customers were, therefore, advised to keep enough money in their bank accounts in order to accommodate the charge.

“We recently discovered that the charges on applicable transactions carried out between February 1, 2020, and April 30, 2020, were inadvertently not passed on your account. We sincerely apologise for this.

“However, in compliance with the CBN mandate, we will be required to process the accumulated charges for the said period on your account for remittance to the Central Bank of Nigeria. We request that you fund your account to accommodate this charge,” part of the email from the bank said.

However, most customers are not taking the debit alerts lightly as they expressed frustrations over the matter- see below some comments by facebook users:

Customers drag access bank over excess charges
Customers drag access bank over bulk stamp duty charge
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Customers drag access bank over charge
Customers drag access bank over excess charges3
Customers drag access bank over charge
Customers drag access bank over excess charges4
Customers drag access bank over charge
Customers drag access bank over excess charges5
Customers drag access bank over  charge
Customers drag access bank over excess charges6
Customers drag access bank over charge
Customers drag access bank over excess charges7
Customers drag access bank over charge
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Comments 1

  1. Ibitayo Fiyin says:
    5 years ago

    I think its time we go back to the old ways of saving money o

    Reply

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