In a gesture of solidarity for its customers, Sterling Bank, a leading Nigerian commercial bank has decided to waive all personal account transaction fees.
The Chief Executive Officer of the Bank, Abubakar Suleiman, made the announcement in an email sent to customers.
The message in the mail to Sterling’s clients read, “We at Sterling recognise the difficult circumstances many of our customers are going through. In light of this, from February 6, 2023, through February 18, 2023, our fund transfer services will be provided free of charge to all personal account customers. In addition, we are glad to inform you that we will provide free Debit Cards to all interested customers. This will provide you with a convenient and secure way to make purchases and carry out transactions.
This is viewed as part of Sterling Bank’s continued efforts to support her customers and the general public as Nigeria adjusts to the availability of the new Naira notes that arenow being distributed across the country.
According to Sterling’s Chief Marketing Officer Dante Martins, who addressed the press about the move, this is the first initiative of its sort on the part of any Commercial Bank in Nigeria.
“We believe that by eliminating transaction costs for this period, we can assist our customers make their banking experience more easy by making the most of our powerful digital solutions,” Martins said.