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The Guide to Bank Charges was introduced in 2014 to provide a standardized means of bank charges on all products and services between customers and DMBs in the country. The guide was revised on 1 April 2013 in order to accommodate current developments in the banking industry.
This is a list of commercial banks and other credit institutions with in Nigeria, as updated late 2024 by the Central Bank of Nigeria. [ 1 ] List of commercial banks
The term bank charge covers all charges and fees made by a bank to their customers. In common parlance, the term often relates to charges in respect of personal current accounts or checking account. These charges may take many forms, including: monthly charges for the provision of an account
2. Overdraft fees. 💵 Typical cost: $26 to $35 per occurrence Overdraft fees happen when you spend more money than you have in your checking account, and the bank covers the difference.
Check online or with your bank to make sure paper statements do not incur a monthly charge. 9. Fees for transferring your money. Banks typically charge you for official bank checks and wire ...
Bank fees. Large banks charge fees if balances fall below a certain level. They also can charge account maintenance fees, fees for not having a certain number of monthly transactions, fees for ...
Titan Trust Bank was established on 12 December 2018 and received its national banking license in April 2019, to operate as a commercial bank. [5] In June 2021, they got approval to collect fees on behalf of the federal government under the Nigeria Export Supervision Scheme (NESS). [6] The bank has branches in Lagos [7] and Kano State. [8]
2015 Best Internet bank: Nigerian Banking Tech Awards 2015: Best Technology bank: Nigerian Banking Tech Awards 2022: Most outstanding young commercial bank in Nigeria: Marketing Edge Awards and Summit [5] 2022: Challenger Bank of the Year: BusinessDay Banks and Other Financial Institutions Awards [6] 2023: Most Innovative Bank 2022: Champion ...