Zenith Bank has notified their esteemed customers on the recent charges on USSD transactions.

In a statement to her customers, the Bank said;

"Dear Valued Customer. Please be informed that you are now required to pay a fee of N6.98 to your mobile network provider for every banking transaction carried out on all USSD banking platforms.

This means that when you access any banking service using USSD, a fee of N6.98 will be charged to your bank account, which is in turn remitted in full to your mobile network provider.

Please note that Airtime and Data purchases via USSD are exempt from this charge.

Thank you."

Prior to this statement, many banks have been charging their customers even for airtime and Data purchase. It's hope the government will sanction those banks that made deductions for airtime and Data purchase, and also put an end to this unjust deduction.

Cc: lalasticlala

God forbid o. Mobile app abeg help your children

So why is the TELCO not just taking it from their end ...For someone who did some of the Early work in getting Nigerian banks to accept USSD this doesn't cut it for me ...the telcos can easily take this from their end like they have been doing quietly rather than wait for banks to remit to them ...

FarahAideed:
So why is the TELCO not just taking it from their end ...For someone who did some of the Early work in getting Nigerian banks to accept USSD this doesn't cut it for me ...the telcos can easily take this from their end like they have been doing quietly rather than wait for banks to remit to them ...

Even First Bank deducted for airtime when I tried recharging yesterday. All is well!

Thanks for the clarification...... I hope the same applies to access bank

rottable:
Thanks for the clarification...... I hope the same applies to access bank

GTB also released same clarification earlier too. Guess Access will do same too.