Sterling Bank has taken the lead in Nigeria’s digital banking space by removing transfer fees for all local online transactions, a bold step that sets it apart from other major banks.”
The move was confirmed on Tuesday in a statement with the bank reaffirming its commitment to customer-centric banking.
According to Obinna Ukachukwu, the bank’s Growth Executive for Consumer and Business Banking, the zero-transfer-fee policy is a values-driven approach aimed at ensuring fair and inclusive banking.
“We believe access to your own money shouldn’t come with a penalty,” Ukachukwu stated.
He added: “This is more than a financial decision—it’s about redefining banking to put customers first.”
The initiative is expected to bring significant relief to individuals and small business owners who conduct frequent transactions.
Source;(TheNation)
