Self-acclaimed bank of free, Kuda Bank, will from Friday, July 15 charge N50 on all stores of N10,000 or more made into clients' records. As per the neo-bank, in a message shipped off clients on Tuesday, which was seen by Business Post, this activity is in accordance with an order of the federal government. It read, "In accordance with the Federal Government's Stamp Obligation Act, we're legally necessary to apply a 50 naira charge to all stores of 10,000 Naira or more made into your Kuda account." Ads: ***DISCOVER YOUR FINANCIAL FREEDOM Double your Hustle with Maximoni, Click any of the the link to get started for free : TOOLS , YOUTUBE , TELEGRAM , WHATSAPP *** The charge will apply to "electronic transfers, cash added to your record with a check card [and] cash stores made into your record at any of our accomplice banks." The bank explained that it won't cause a dime from the charge as all monetary establishments to have been guided b...
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