Monday, September 21, 2020

Failed Bank Transaction: Step to Get 10K Extra After 24hrs NonReversal

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Failed bank transaction is what we face in Nigeria almost every day.

Failed Bank Transaction: How to Get 10K Extra if Bank Fails To Reverse your Money in 24hrs 5ominds 5ominds

This is why each time you visit any social media platform, customers’ complaints are always the first you see.

Have you ever been faced with the challenge of having your account debited over a failed bank transaction and you spend weeks trying to get your bank to reverse your money?

Your story is about change as CBN has issued directives that all failed bank transaction related problems should be attended to in 24 hours.

Steps to get extra 10k over a failed bank transaction

If you have any failed transaction from the bank and they have failed to revert the funds. Do this and you’ll get your money back in 24 hours max.

Step 1. Write a compelling email to “” or tweet at @cenbank’s Consumer Protection Department CPD with all relevant details.

Step 2. Copy your bank’s customer care email, or Twitter handle.

Step 3.  Attach all the evidence you have.

Step 4. The Central Bank has a directive in place whereby if your money is not returned 24 hours after you have registered a complaint. The bank has to pay you 10k. Please don’t forget to include this to the mail it Tweet.

Note: This applies to both failed POS  and ATM transactions.

According to the CBN, when you use your bank ATM or POS and reversal doesn’t happen immediately, then the bank has 24 hours max. If the failed bank transaction happened when you use another bank then 48 hours is the time limit.

READ ALSO :  Indonesia's Struggle To Eradicate Poverty Has Now Been Delayed
READ ALSO :  The Federal Government Survival Fund: How to Register

Banks have no excuse for holding you money for 2 weeks like they do in some cases.

READ ALSO: CBN, Bankers Committee suspend Lay-offs In Banks

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Braimah Abdulrasak
I am a passionate writer, with interest in politics, policies, government, history, sport, environment and world news.


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