REVISED GUIDE TO BANK CHARGES

I got this in my email.....Please be informed that the Central Bank of Nigeria (CBN) has released a new guide to Bank charges effective May 1, 2017. (See copy of the CBN circular attached).Notable amongst the list is the Charge on Returned Cheque due to insufficient funds which has been reviewed upwards. N5,000.00 flat would be charged for cheques N500,000.00 and below, while a 1% charge via IFTTT