https://techeconomy.ng/sterling-bank-to-stop-charging-transfer-fees-and-atm-card-issuance/ Tech | Business | Economy Sun, 06 Apr 2025 22:40:52 +0000 hourly 1 https://wordpress.org/?v=7.0.2 https://techeconomy.ng/sterling-bank-to-stop-charging-transfer-fees-and-atm-card-issuance/#comment-31506 Sun, 06 Apr 2025 22:40:52 +0000 https://techeconomy.ng/?p=156108#comment-31506 […] Sterling Bank’s decision to waive transfer fees is part of its broader strategy to redefine banking in Nigeria by prioritizing affordability and convenience for its customers. The bank also announced free issuance of ATM cards, further easing financial burdens on its clientele. The policy applies to transfers made via the Sterling Bank mobile app and online platforms, making it the first major Nigerian bank to adopt such a customer-friendly approach.Obinna Ukachukwu, Growth Executive for Consumer and Business Banking at Sterling Bank, emphasized that the initiative is driven by fairness and inclusivity. “We believe access to your own money shouldn’t come with a penalty,” he stated. Ukachukwu added that this decision reflects Sterling Bank’s commitment to supporting Nigerians during challenging economic times by eliminating unnecessary costs associated with digital transactions12. […]

]]> https://techeconomy.ng/sterling-bank-to-stop-charging-transfer-fees-and-atm-card-issuance/#comment-31371 Fri, 04 Apr 2025 00:27:04 +0000 https://techeconomy.ng/?p=156108#comment-31371 […] member of staff at Sterling Bank took it upon herself to spread the “gospel” of free transfers, as though divine intervention had finally struck the banking […]

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