Hello There ,
Is being quite challenging down here across all the 36 states , we have in this country. Since the central bank did made almost sudden announcement and subsequent launched of new naira note . With such an outriggt intentions to withdrawn affected naira notes out from circulations and usage by citizens , and as well any foreign holder of same changed old naira note.
Which the whole old notes changed plans wasn't as successful as the central bank here in my own country proposed.
So due to an excessive complaint and kind of peaceful protest against the situation , as i did have them on one of my post before. So an announcement was made . Permitted borh an old and new applicable bank notes to coexist uptill the 31st December this year 2023.
The Situation Now On Ground
Presently the situations hasn't yet hundrend percent ease up . As most point of sales ATM operator's aren't bringdown their high charges to normal charge of which they being based before . The whole bank notes change situations surfaced.
That alone all so get contributing whole lots of challenges on most people did love to ease up and subsequently get safe themselves lots of time to go queue at bank own ATM point or units.
And the slight high in charges seems kind of bits discouraging . Nonetheless there are lots others still patronizing those operating ATM point of sales all over the nation.
My Personal Challenge I Have Now
Reality is i don't understand what actually get happening to banking industry here in my country. Because ever since an announcement couple of years back on cashless policies here , right from the central bank federal chapter of my country. And instructed whole commercial bank mainly to effects it and integrates the given policies into their banking operations. Of which has indeed successfully did bringing about the uses of financial technology fintech and as well an artificial intelligence AI integration in opening and handling some banking relating issues . Such as an issues on mobile banking and internet banking as can by one point and the other involve transaction failure or minor issues encountering. That has been okay no much complaining from bank customers including myself who do love using mobile banking a lots.
Now the issue is that ever since my ATM got expired early this year , is being quite stressful . As i do get visiting number of an applicable bank brand and one same thing i keep hear them repeating for me , by their customer care services staff.
So worse is being that , i did have a serious financial Challenges . Not as if i even having much in my bank account to cashout or get withdraw.
Little i have , whenever i do want to remove or withdraw them it usually a very tough thing now . Base on how the whole situation is. As i wouldn't have any other choices than to visit available and an applicable banking hall for a counter withdrawal.
My Shocked And Banking Limit On Withdrawal
Here not as if i were personally shocked due to myself being affected by the said limits as being acted , on the federal chapter of central bank directives on customer's cash withdrawal limit per day.
What i intent to get withdraw was quite below the given daily outright bank withdrawal limit.
As might perhaps relates them to hive moderate market price , change to my local currency :
| Hive Value | Local Amount In Naira |
|---|---|
| 1 | 300 |
| 16.8 | 5000 |
| 33.4 | 10000 |
| 66.75 | 20000 |
The given daily bank withdrawal limit is about 66.7 something Hive , while am was to get wirhdrew just about 5000 naira in my local bank note and fiat currency.
Truth is that such kind amount on the normal state of bank note situations in the country , i supposed have did use an ATM card at available place to withdrew. But , since
my own has got expired and even this very given brand are finding difficult to issue an ATM card . So i had to do what i did.
Most painful portion was i have been there within the queue for a while , and at my own turned . The bank cashier did tell that my 💰 money is quite too minimal i should go used an ATM , and when i did explained to her and she did get understand the situation . She then had no choice than to get me needed cash.
Is being quite challenging here within this very side of the soil , Nigeria a country from West Africa. Only that i being later grateful cause i do left with my little cash.