After social media outcries, Access Bank on Sunday said it will refund stamp duty deductions from accounts of its customers on Saturday.
According to reports, the stamp duty deductions applied to all credits received into current and savings accounts in respect to electronic transfer and teller deposits of N10,000 and above.
— Access Bank Plc (@myaccessbank) June 28, 2020
The money is remitted to the Central Bank of Nigeria(CBN), according to the bank.
“We have considered your feedback and have decided to pay the stamp duty on our customers’ behalf for the affected period only.”