The bank said in the mail to its customers that the omissions occurred between
While apologising for the error, the lender stated that all concerned customers should prepare to pay off the accrued charges.
In the email sent to customers, the accrued N50 stamp duty charge will be debited from applicable customers' accounts for remittance to the
Concerned customers were, therefore, advised to keep enough money in their bank accounts in order to accommodate the charge.
It stated: "We recently discovered that the charges on applicable transactions carried out between
"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
The email further explained that the CBN requires that a stamp duty charge of N50 be imposed on savings and current account holders for transactions (both deposits and electronic transfers) exceeding N10, 000.
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