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Tag "electronic money transfer levy"

GTB begins N50 charge on int’l transaction of N10,000

Guaranty Trust Bank (GTB) has begun the deduction of the sum of N50 for all international transactions as an electronic money transfer levy (ETML). This was contained in a notice

Stanbic IBTC begins deduction of N50 electronic transfer levy from domiciliary accounts

Stanbic IBTC Bank says it will start deducting the sum of N50 as electronic money transfer levy (EMTL) on transfers into domiciliary accounts. The bank notified customers of the development

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