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Sterling Bank has waived transaction fees due to the lack of Naira.

Sterling Bank said it has waived all personal account transaction fees in solidarity with customers facing a new naira shortage. Sterling Bank CEO Abubakar Suleiman made the announcement to clients via email. Here is part of an email to Sterling customers: Feb 6, 2023 – Feb 18, 2023.

We are also happy to announce that we are offering a free debit card to all interested customers. It’s a convenient and secure way to shop and make transactions.”

The statement said this was part of Sterling Bank’s ongoing efforts to support customers and the general public as Nigeria adjusts to the availability of the new Naira banknote, which is currently being rolled out across the country.

“By eliminating transaction fees during this time, we believe we can help our clients leverage our powerful digital solutions to simplify their banking experience,” said Dante Martins, Chief Marketing Officer of Sterling Bank.

We understand that our customers have choices when it comes to their daily needs and we want to be able to serve them in the best possible way during this time.”


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