Showing posts with label Banking. Show all posts
Showing posts with label Banking. Show all posts

See Warning Message Access Bank Sent To MMM Nigeria Participants

Access Bank of Nigeria has issued a warning letter to Nigerians involved in MMM Nigeria scheme not to deposit money in any business that is not insured by the Deposit Insurance Corporation (NDIC).

In a letter the bank is currently sending to its customers, Access Bank cautioned that those that are participating in the controversial "ponzi" scheme, MMM, adding that the customers who are involved in the MMM, stand a risk of loosing all their money.

Below is the sample of the letter Access Bank is sending to customers:
It has come to the attention of the Bank that some customers are engaged in the ponzi scheme called MMM. please be advised that this scheme is not in line with any applicable or known investment product and may ultimately leads to loss of funds on the long run.
We advise that customers avail themselves of genuine and approved investment product in the Nigeria banking environment
Thank you for choosing Access Bank


What do you think?

Domiciliary Account Foreign Transfers Is Now Limited To Just 10,000 USD Per Month - CBN

On December 1st, commercial banks in Nigeria commenced the implementation of of Central Bank of Nigeria (CBN) directive to limit foreign transfers from Domiciliary accounts to $10,000 per month. This move is one the numerous regulations introduced in the banking sector recently to improve the sector in many areas especially security wise.
dollar to naira
Domiciliary account is a bank account operated in foreign currency such as US Dollars, Euros, and Pounds. It is the wisest way to get payments foreign currency and sell it to Northerners at abokifx rate instead of official CBN interbank rate which is lower. To know more about Domi account and how to open it in Nigeria, click How To Open Domiciliary Account in Nigeria

Below is an mail sample sent by Stanbic IBTC Bank PLC to her customers pertaining the change.

Esteemed Customer,
Thank you for banking with us.
We write to inform you that foreign transfers from domiciliary accounts on the back of funding through cash deposits is now restricted to a maximum of Ten Thousand Dollars ($10,000) monthly per customer. This adjustment applies to all customers irrespective of the number of accounts operated and will take effect from 01 December, 2016.

However we will continue to accept cash deposits to domiciliary accounts in line with subsistent regulatory guidelines.

For further enquiries on this revision as well as our bouquet of products and services, please call 01 270 9676, email CustomerCareNigeria@stanbicibtc.com or visit the branch nearest to you.

Yours Sincerely,

Stanbic IBTC Bank PLC
From the message, it's clear that Domiciliary account continues to exist and function in the country just that, there are some limitations now unlike before.

SCAM ALERT: Do Not Fall For This Online and Bank Scam

PLS FOR MOSTLY PEOPLE THAT USE BANK MOBILE APP, BE CAREFUL OF THIS UNSCRUPULOUS ELEMENTS WHO ARE SCAVENGING FOR PEOPLE THEY WILL PREY ON BY SENDING YOU A MAIL USING YOUR BANK AS THE SENDER ADDR.

Their modus operandi is this:
"The mail will read thus :that You will be debited a certain amount of money for subscribing for your bank monthly Bulletin. And then they will request that you click on a certain link to stop the subscription. "

Now the psych is that the amount of money being charged for the subscription will be outrageous that you will want to click on the Link immediately to cancel the sub.

This is what happens when you click there Link.
1. You will be redirected to another platform where they will request for you banking details and security pin too. Which once they have it will give them access to your account and they will drain you dry.

2. This is another thing that happens which most people are not aware. When you click such links, some of those links has a way of breaking through your phone security hence boycotting every privacy you have in your phone. Whenever you login anything with password in your phone those passwords are decrypted on their own system and once you enter your mobile banking or any social media app with password they will gain access too from their end without you knowing it. And you can tell the damage they can cause.

Now another lesson for those whose Facebook or phone has being hacked. This is how 80% of those hacks was done.
You have at one time either on whatsapp or facebook clicked on some captions that reads thus: "Ini Edo was caught in bed with mike ezuruonye click 'so so so ' link to see what they were doing" once you click Gbam! You don give devil your spare key be that ooo.
You will observe those links keep redirecting you to useless sites and you wonder what nonsense is this. Once that happens know that you don dey share your phone with another person .
TO BE FOREWARNED IS TO BE FOREARMED !!!

HOW TO KNOW SOME OF THOSE SCAM EMAILS
1. you observe from the first pics on this post that link marked red is that mysterious link that gives the devil spare key to your phone( hack code)

2. Second picture You see an email marked red beneath diamondbank email on the top left. "Kenton.sparks... " na dem be that. Your bank cannot send you mail with such personal email address attached to it.
3. If you click on the arrow marked red on the top right of the 2nd picture as it appeared on the mail it will display the full email address of the person on the mail which is displayed on thr 3rd Picture.
Always contact your bank once you see such



Thanks. And rebroadcast.
Information from Chukwuemeka Okah

How To Use Glo "Magic Plus" To Check Bank Account Balance and Transfer Money

Glo Magic Plus is a SIM tool kit menu service on your mobile phone that allows you have access to a several information, commerce & entertainment contents, banking direct to your mobile phone.

Interestingly, customers can use this this service to perform some banking transactions like checking of account balance and transferring money from one account to another.

HOW TO CHECK ACCOUNT BALANCE WITH GLO MAGIC PLUS
✔ Go to your phone Menu, select Magic Plus (Globacom users)
✔ Under this menu select M-Banking
✔ Use the display options from your phone such as my phone bank.
✔ Now scroll to My Bank
✔ You will receive a list of options like check balance, statements, recharge, change passcode etc.
✔Click on the check balance option
✔ The next display should be bank with a space simply enter your bank name E.g FirstBank as (FBN), EcoBank (ECB)
Access Bank (ASB), Skye Bank (SKYB), United Bank for Africa (UBA) Guarantee Trust Bank (GTB) etc.
✔ Select your Account type Savings or Current and press OK
(Please note: Most domiciliary accounts a current accounts)
✔ Your Phone will demand for a passcode
Usually your ATM pin or you can generate a passcode yourself.
✔ Wait as your request is being processed. It may take a while.
✔ A confirmation message will be sent to your phone showing the following;
Name, Surname, Date your account was created, your last withdrawal and your balance.

NOTE:
=> Ensure you don't revel your passcode to anybody incase your bank gives you your password or you get your ATM Card Code.
=> Glo might charge you some little fee for this service. The fee might vary.

HOW TO TRANSFER MONEY FROM ONE BANK TO ANOTHER USING GLO MAGIC PLUS
✔ Click on menu > magic plus > my service > transfer.
✔ Under transfer you will see an option, from which bank
✔ Enter your bank name
✔ Then click ok
✔ On your Account Number, click ok, Current or Savings account
✔ Click on the type of bank, click ok.
✔ To which bank > Account No.
✔ The Amount you want to transfer then click ok
✔ Remember all your information you have entered will display before you proceed to Transfer,
✔ Now, as soon as you click ok, the Money will automatically be transferred to the recipient's Account.
Remember charges depends on Globacom

How I Check Diamond Bank Account Balance With My Phone

Diamond bank customers can now check their account balance with mobile phone without internet connection right from the comfort of your home, office, shop and anywhere else without paying visit to the ATM or bank office.

Sometime ago, i published a post on how i check my GTBank, UBA account balance and Eco Bank Account Balance with my mobile phone and today, I feel it's right to reveal how i also check my Diamond bank account details via my phone any time of the day without internet or data.

Technology has made banking a lot easier and less complicated as many financial institution now adopt both online and offline services (USSD/SMS) to help their customers perform basic transactions by themselves. This is the reason, Diamond bank introduced the Diamond Bank Self Service which you can access both online and offline using the official dedicated number 07003000000. Remember GTBank offers similar service with their *737# magic code.

With Diamond Care, you can not only check your account details, but also perform other activities such as instantly deactivating your ATM card, making inquiries, and lots more.

HOW I CHECK MY ACCOUNT BALANCE WITH DIAMOND CARE SERVICES:

✔ Of course i have account with Diamond Bank so i have a valid Diamond Debit Card number with me
✔ I dialed 0700-300-0000 and followed the voice prompts
✔ Then i pressed 1 to select the "Account Balance" option
✔ After that, I entered my 16-digit debit card number and then pressed #
✔ When i pressed the # key, I was prompted to enter a 4-digit "self-service code" (this has been sent from Diamond to my registered phone number)
✔ So for more security, I changed the default self-service code sent to me to my own preferred 4-digit code. You can do same.
✔ Immediately i changed the code, viam!!! My account balance for the card was sent to me just like that.

It's as simple as that. Do you know you can also request that your account balance be immediately sent to your registered phone number via a voice prompt? But i prefer text/SMS option

READ ALSO
✔ Use This Code To Buy Recharge Card From Different Banks In Nigeria

WHAT TO DO IF YOU DIDN'T RECEIVE SELF-SERVICE CODE
Sometimes, due to bad network or whatever, you may not receive the code immediately, what you should do is just dial 0700-300-0000 and press '0' to speak to the service advisor. Your self-service code will be resent to you as soon as possible.

Alternatively, you can check your account balance with a USSD code. Just dial *710*556*PIN# (this is applicable only to Diamond bank Y’ello Customers)

Are you still confused? Feel free to ask questions via the comments section.

How To Use Diamond Bank Online Self Service

Diamond Bank Online Self Service is a newly introduced service that allows customers to access some basic features on their bank accounts. This makes it more easier to perform certain fundamental transactions and enquiries without the need to visit the bank halls physically or cueing at the ATM.

SOME SERVICES YOU CAN ACCESS WITH DIAMOND BANK SELF SERVICE
✔ Debit Card requests
✔ Managing transaction alerts,
✔ Transaction limit increase or decrease, etc.

HOW CAN I USE DIAMOND BANK SELF SERVICE?
There is definitely no big deal in using this service as it's very easy and doesn't require you to be a tech savvy before you can have access to it. Just carefully follow the guidelines below and you are good to go.

✔ First and foremost, click here to open the Diamond bank online (internet banking) web page
✔ Then, login to Diamond online banking.
✔ After that, simply select the "other services" icon.

✔ Now, select "self services" from the bottom of the list.
✔ Finally, input your username and OTP code that was generated from your token.
And that's it.

YOU MIGHT LIKE... [How To Get GTBank Token Code From Your Phone]

As simple as ABC. You can now access some of those basic features and do some transactions by yourself on your Diamond bank account.
Do you have any question? Let me know via the comments section.

How To Pay Bills, Transfer Funds, Buy Recharge Cards With Your GTBank Account Via Your Phone

GTBank Introduces easy banking on your palm without going to the banking hall. This service is available to all the customers that have bank account with Guaranty Trust Bank.

With this simple steps, you can transfer money from one bank account to the other, you can pay bills like PHCN bills, School fees, Flight Tickets, Satellite TV and cable subscriptions, Hotel booking and lots more.
You can also and easily buy recharge cards from any network right from your phone with your GTBank account.

READ ALSO

√ How To Buy Airtime Of MTN, Etisalat, Glo, Airtel From All Bank Accounts


This comes handy when you are not chanced to visit the banks or PHCN office to pay your bills. This is the dividends of cashless policy and it is already spreading like whirl wind all over the world.

READ ALSO

√ You Can Now Report Your Bank For Abnormal Reduction Of Your Money

HOW TO DO IT
In case you want to transfer money, buy Airtime, or pay bills from your bank via your phone, just dial *737# and follow the steps on your phone.

How To Generate GTBank Token Code Via USSD From Your Phone

Internet banking has come to stay and there is no doubt about that because it can only get better as time goes on. Gone are the days of long queues in the banking halls just to withdraw money from one's account.

If you are conversant with Internet transactions like buying stuffs online and paying for NEPA, DSTV, Flight Ticket, School fees etc online with your bank details, you will notice that you require a token from your bank to complete the transaction. It is a security measure to verify you are the real owner of the account and makes you unique.

In many banks, the token is a hardware that you carry around just like the way you take your debit cards along with you but GTB recently introduced a better way to use it without carrying it around. With your phone, you can now generate your unique internet banking token by dialing a designated USSD code from your handset, cell phone, mobile phone or tablet.

How You Can Generate Your Own GTBank Token Code Through USSD?
==> Dial **737*7# on the phone you used while opening your GTB account. i.e the phone number that is linked or associated with your GTBank account

==> Enter the NUBAN account number (you bank account number)
==> Finally, enter the last 6 digits of your GTBank debit card.

You unique token will be shown to you.


READ ALSO How To Buy MTN, Etisalat, Glo, Airtel Airtime from your bank with a code


NOTE**
Every generated token expires at exactly 60 seconds which is 1 minute. So take note of that.

I think this is much better instead of wasting another extra N2,000 to request for a hardware token. I hope other banks follow suite.

You Can Now Report Any Bank That Charges You Excessively To CBN

Nigerians has now been given the freedom to report any bank in which they are doing business with that Charges them illegally or Excessively direct to Central Bank Of Nigeria.

You can recall that recently Nigeria Communication Commission (NCC) gave similar privilege to Nigerians making use of telecommunication networks which includes me and you that are using cell phones to Report Any network operator that Charges Excessively or deducts money illegally from their SIM cards.

HINT: To report any GSM network provider like MTN, Glo, Etialat or Airtel to NCC for extra charges or disturbing SMS, just dial this toll free number 622 to lay your complaint.

Now that we have the privilege to report our banks that Charges us illegally, I think it will put some fear on them and make them cautious next time. It's another good news from the government.

According to what CBN representative Ibrahim Mu'azu said; "in a bid to put a stop to the series of complaints from bank customers alleging excessive and, in some cases, illegal charges from their respective banksaround the country, the central bank of Nigeria (CBN) has urged bank customers to report illegal and excessive charges by their banks to it (CBN)."

HOW YOU CAN REPORT YOUR BANK
You as a bank customer is obliged to send your complaints to the Director, Consumer Protection Department with this email cpd@cbn.gov.ng

This is our right and our turn to stand for our right. Let's not sit and watch others mess around with our hard earned money.

You can get the full information from CBN about this with this link http://www.cbn.gov.ng/Out/2016/CCD/CBN_Press_Statement_Bank-charges.pdf

MUST READ: See BVN Scaam Alert I Got Today. Don't Fall A Victim To This.

The badt boys are here again this new year ooo. Can you imagine someone using his or her God given talent in a wrong way. Someone slept and came up with a way to defrau*d his fellow human been of his hard earned money. Chai! Some people are really wicked and heartless. Who knows how many Nigerians that have already fallen to this scaaaam.
Yesterday, one of my blog readers contacted me to know if am aware of the de-activation of ATM cards because of BVN system upgrade by Central Bank of Nigeria CBN.