Welcome, Guest to Naijapeeps
|REGISTER | |LOGIN |
Home |


Earn From Our Forum•|•Buy Coupon Code

« | »

Access Bank decides to pay stamp duty charge for three months on behalf of its customers


Access Bank has announced that it will shoulder the stamp duty charge for three months so that customers will not have to bear the cost.

As mandated by the Federal Government, banks are required to collect stamp duty charge from account holders and remit the funds to the FG via the CBN.

However, due to the COVID-19 pandemic and its effect on the economy, Access Bank held off on charging stamp duty on some customers’ accounts from February to April 2020.

After the lockdown was eased, Access Bank applied the accumulated charge on customers’ accounts.

However, after receiving feedback from customers, Access Bank announced that it will refund all individuals and SME’s who were debited for the accumulated stamp duty charge from February to April 2020.

READ ALSO :  FG reduces petrol pump price to N125/litre

In a statement released online, Access Bank added that its management will bear the cost of the stamp duty charge from February to April 2020 on behalf of customers.

The bank also thanked customers for giving feedback and asked that they reach out if they have questions regarding the stamp duty charge.

Sharing the statement from Access Bank on Instagram, Amaechi Okobi, Group Head, Corporate Communications of Access Bank plc, wrote: “It was an incredible weekend. Twitter and other social media platforms blazed with how upset Access Bank customers were over Stamp Duty deductions. And we trended like crazy.

READ ALSO :  You don’t have to be nude to be sexy – Stella Damasus

The memes… The Gifs… Wow! Access Bank customers really let us know that they were… well, upset.
“Make no mistake, I love it when people talk about Access Bank but, my goodness, it’s much more fun to trend based on the good things we do. Because we do do some incredible things. But that’s not the story.

“The Bank heard all the feedback. I was also tagged on so many posts and messages. We heard. Loud and clear. These are tough economic times and we got it wrong. Debiting our customers late was wrong.

“So Management has decided to pay the Stamp Duty charge for February to April on behalf of its customers. The deductions are being reversed for individuals and SMEs for the affected time only. That’s still not the story.

READ ALSO :  Nigeria Football Players Union to report to FIFA over non payment of players salaries

“Banks are often accused of being cold and unfeeling. Sometimes deservedly so, other times notsomuch. So here’s the thing: Access Bank is run by human beings – people like you and me – who are not perfect. Mistakes will be made.

Spectacular ones on occasion. But at the end of the day, our customers really do come first. Which is what necessitated this gesture. I hope it goes some way to make things better.”

TRENDING SONGS

Song Do Ladies have to Dress in this Manner Just to Attract Men? Song Indecent Dressing in Nigeria a Call for concern (photos) Song Always Buy Your Goods And Tie Them Yourself, See What Happened To A Woman In The Market Song The 18-Year-Old Girl That Is Causing Problem On Facebook With Her Beauty and Figure (pictures) Song If You Applied For N-Power, You Should Do These Things Before 7th July to Get Shortlisted (View). Song Between Pamela Odame of Ghana and Himiwako of Neitherland… Be the judge. Song “I Pity This Small Boy.” Reactions As Actress Alade Brown Takes Nuuuuuud Pictures With Son Song Woman arrested while on her way to bury an aborted baby in Anambra Song Girl, 13, “pregnant by boy aged10” is rushed to hospital with birth complications Song Access Bank decides to pay stamp duty charge for three months on behalf of its customers

CLICK TO DROP YOUR COMMENT

Share this post with your friends on


11 Responses

    1. Oludakinni Olawale

      - 9:38 pm

      Nice one

    1. Oludakinni Olawale

      - 6:42 am

      Criminal of the highest order

    1. Oludakinni Olawale

      - 6:43 am

      Well done guys

    1. Oludakinni Olawale

      - 6:45 am

      Na them sabi ooo

    1. Oludakinni Olawale

      - 6:47 am

      Wonder shall never end , rubbish

    1. Oludakinni Olawale

      - 6:49 am

      Make God they save us oo for this life

    1. Oludakinni Olawale

      - 6:51 am

      I know even think say those girl they reason atall

    1. Oludakinni Olawale

      - 6:54 am

      This people also they fear death oga oooo

    1. Oludakinni Olawale

      - 6:56 am

      Na this we dey call gbese re ooo he no dey tire

    1. Oludakinni Olawale

      - 6:58 am

      Make God show us mercy, people plenty for life

    1. Oludakinni Olawale

      - 7:01 am

      Mad man person wey dey for done kill since

You must be logged in to post a comment.

« | »


Looking for something? Search below





About Naijapeeps

Post Views: 164 Welcome to NaijaPeeps, your number one source of entertainment news, music and video download, educational projects, diy projects, job directory, uplifting articles and more. We’re dedicated to providing you the very best of information with an emphasy on latest information in the country. Founded in 2018 by Ayodele Isaac, NaijaPeeps has come […]more →