The federal government has imposed a deduction of N50 Electronic Money Transfer Levy (EMTL) from every inflow of N10,000 and above received by...
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P opular online banking hub OPay, is set to apply a transfer fee of N50 for transactions exceeding N10,000.OPay has introduced a new fee for electronic transfers into both personal and business accounts, in accordance with the regulations set forth by the Federal Inland Revenue Service.Beginning September 9, 2024, there will be a one-time charge of N50 for transfers of N10,000 or more.On Saturday, OPay communicated to its valued customers:Opay’s Messge To Customers“Dear valued customers, please be informed that starting September 9, 2024, a one-time fee of N50 will be applied for electronic transfer of N10,000 and above paid into your personal or business account in compliance with the Federal Inland Revenue Service regulations.”
The federal government has imposed a deduction of N50 Electronic Money Transfer Levy (EMTL) from every inflow of N10,000 and above received by...
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L-R; Gbadebo Adeleke, Head, Corporate Execution; Muritala Yusuf, Chief Technology Officer; Edwina Olanipekun, Head, People Management; Gboyega...
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