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*****Banking in Nigeria*****

Things to know

If you send money from your Nigerian bank accounts to other people's Nigerian bank accounts, your bank will charge you a fee

However, this fee is always very low less than N100

#NaijaKnowledgeX
Nigerian banks are required to charge you a fee to maintain your account

This is to ensure that your account is not dormant

Because, when you opened your Nigeria bank account, you declared that you are capable of operating a bank account

#NaijaKnowledgeX
You can avoid single transaction charges by sending money in bulk e.g. multiple recipients in one transaction

#NaijaKowledgeX
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