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IMPORTANT UPDATE ON USSD TRANSACTIONS

society_admin June 5, 2021 Banking/Finance, cover Leave a comment 8 Views

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Please be informed that you are now required to pay a fee of N6.98 to your mobile network provider for every banking transaction carried out on all Unstructured Supplementary Service Data, USSD banking platforms.

This means that when you access any banking service using Unstructured Supplementary Service Data, a fee of N6.98 will be charged to your bank account, which is in turn remitted in full by your Bank, to your mobile network provider.

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Please note that Airtime and Data purchases via USSD are exempt from this charge.

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