Business
Sterling Bank Abolishes Transfer Fees, Urges Other Banks to Follow Suit
Sterling Bank has announced the cancellation of transfer fees, a decision aimed at alleviating the financial burden on its customers.
The bank took to social media to make the announcement, stating, “Nigerians are no fools! Enough is enough. No more quiet suffering.” The bank’s declaration is a clear nod to the growing frustration among Nigerians regarding excessive bank charges.
Sterling Bank’s decision is seen as a challenge to other banks in the country, as it urged them to “copy” its example. This move is expected to spark a positive trend in the banking industry, with customers eagerly awaiting similar announcements from other financial institutions.
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