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![](https://pbs.twimg.com/media/DmMw1IcW4AEWYZ0.jpg)
With the proposed implementation of cashless Nigeria, these charges are not arbitrary. Processing Cash is not cheap.
Cash Dumping is the act of paying cash into a bank account and transferring same on the same day via the NIBBS instant payment platform to another bank.
![](https://pbs.twimg.com/media/DmM3JEYX4AEkXKL.jpg)
![](https://pbs.twimg.com/media/DmM3JEZX0AEovGS.jpg)
The US Banking System is bigger with more banks & credit unions making it difficult to provide such services.
![](https://pbs.twimg.com/media/DmM6BzsXsAI1iju.jpg)
![](https://pbs.twimg.com/media/DmM6BzxXgAAg3mN.jpg)
This ends the thread.
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![](https://pbs.twimg.com/media/DmM898vW0AAMaJ4.jpg)
![](https://pbs.twimg.com/media/DmM898oXgAE04i7.jpg)