Skip to main content

Advertisement

BREAKING!!! Access Bank To Refund All Those That Were Debited Over CBN Stamp Duty

Access Bank on Sunday said it will refund its stamp duty deductions made from the account of its aggrieved customers after a social media outcry on Saturday.

Stamp duty deductions apply to all credit received into current and savings accounts in respect to electronic transfer and teller deposits of N10, 000 and above. The money is remitted to the Central Bank of Nigeria.

Brand Spur Nigeria learnt that Access Bank Nigeria has also promised to revert deductions made between Saturday and Sunday back to customers.

According to a statement made on Sunday, the bank said it recognized that it is a tough period for customers.

Reacting to customers’ reactions over the usual deductions, Access Bank said:-

“We have considered your feedback and have decided to pay the stamp duty on our customers’ behalf for the affected period only,”.

“This means that individuals and SMEs who were debited for the accumulated stamp duty charge for February to April 2020 will be refunded.”

In an earlier statement, the bank had notified customers that it did not deduct stamp duty charges on transactions that occurred between February 1, 2020, and April 30, 2020.

See full statement Below:-

The post BREAKING!!! Access Bank To Refund All Those That Were Debited Over CBN Stamp Duty appeared first on Naijaloaded | Nigeria's Most Visited Music & Entertainment Website.

Comments

Facebook

Ads

Popular posts from this blog

16 Boko Haram Fighters And Their Wives Surrender To Nigerian Soldiers

Some Boko Haram terrorists and their wives have surrendered to Nigerian soldiers in Borno. No fewer that 16 Boko Haram and Islamic State of West Africa Province (ISWAP) fighters and their wives have surrendered as troops intensify operations against insurgents. Several others were reportedly killed during the raid of the bandits’ hideout. According to a statement by Nigerian Army Operations Media Coordinator, Colonel Aminu Iliyasu, the insurgents surrendered when they could no longer bear the heat of the artillery bombardment of their hideout. According to him:- “The incremental raids, clearance patrols, sting operations, cordon & search operations as well as mortar and artillery bombardment of identified criminal insurgents and bandits’ hideouts within the past one week has yielded tremendous positive outcomes as some of the terrorists surrendered to our gallant troops while several others were neutralised. “The period equally witnessed the interception and arrest of sever