By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Nigerian BankerNigerian Banker
Notification Show More
Latest News
FirstBank’s sponsored Timeless Concert by Davido connects fans, promotes culture and boosts the music industry to greater heights
April 25, 2023
FirstBank announces a name change of its subsidiaries, reiterates its commitment to business in africa and the world.   
March 31, 2023
Access Bank acquires Atlas Mara Zambia
March 25, 2023
Stanbic IBTC appoints Ndidi Nwuneli as new Director
March 25, 2023
Bank Loans with collateral Vs without collateral. Know your options
March 24, 2023
Aa
  • Home
  • News
  • Banking Personality
  • Ethical Banking
  • My Bank & I
  • Research & Analysis
  • Opinion
  • My Bookmarks
  • Contact US
Reading: How to maintain good habits with banks in Nigeria
Share
Aa
Nigerian BankerNigerian Banker
  • Banking Personality
  • Ethical Banking
  • My Bank & I
  • Opinion
  • Research & Analysis
Search
  • Home
  • News
  • Banking Personality
  • Ethical Banking
  • My Bank & I
  • Opinion
  • Research & Analysis
  • Contact
Have an existing account? Sign In
Follow US
© 2022 - Nigerian Banker. All Rights Reserved.
- Advertisement -
Ad image
Nigerian Banker > Blog > My Bank & I > How to maintain good habits with banks in Nigeria
My Bank & INews

How to maintain good habits with banks in Nigeria

bankernaija
bankernaija October 23, 2022
Updated 2022/10/23 at 12:48 PM
Share
SHARE

Every bank customer has got a clear understanding of what they expect from their respective banks. More so in the new era of increasing competition among financial institutions to get their customers satisfied. Service level by banks has increased significantly also in their attempt to woo new customers and get existing customers satisfied. Apart from service level expectations from your financial services provider, there is also the need for bank customers not to eschew decorum in their daily dealing with their banks.

Contents
Read bank notices and updates.Never issue a dud cheque.Update your details when it has changed.Operate your bank account within the limitSign up for online transactions.Use other alternatives channels.

In an article published earlier where we discussed the responsibilities placed on the bank customer by the Central Bank of Nigeria CBN, we ex rayed what the Apex bank has listed out through the CBN Consumer Protection Council as the anticipated expectations from customers of financial institutions under its supervision. In this new article, we shall be explaining what habits a bank customer is expected to adhere to enjoy his relationship with his financial services provider.

Read bank notices and updates.

Your bank occasionally sends messages to your email and also displays messages on the walls and strategic locations around the banking halls. Those messages contain information about banking products and services as well as regulatory information that will help you have a clearer understanding of the latest happenings in the finance and banking industry. Endeavor reading such messages whenever you see them and it will help you to keep yourself updated about your bank’s products and services some of which may be of benefit to you. Your monthly bank statement and regulatory information are also sent to you via email, open them and keep yourself abreast with what is going on in your bank account and the banking industry.

Never issue a dud cheque.

It is important to ensure your account is funded before you issue a cheque. Never issue your cheque in anticipation of cash lodgment you are not sure of. It is better to delay or postdate your cheque to be sure that there is enough funding in your account to accommodate the payment than issue your cheque when you know you don’t have funds in your account. A dud or bounced cheque is a criminal offense that comes with legal implications apart from the reputational damage it may cause you or your business.

Update your details when it has changed.

One of your responsibilities as a bank customer is to update your record when it has changed; your marital status, address, work details, business details, phone numbers, and email address including your name must be updated once it is changed. The many advantages of KYC were succinctly rated earlier in the article ” Benefits of proper KYC documentation to a bank customer ”

Operate your bank account within the limit

As a responsible bank customer, it is important to keep your bank account balance within the limit set by the bank. A nonborrowing customer should not allow his or her bank account to go into debt and a borrowing customer should keep his or her bank account balance within the bank-approved limit. Drawing your bank account below the approved limit will attract more bank charges to your bank account apart from the damage it may cause to your credit history.

Sign up for online transactions.

Banking has gone digital away from brick-and-mortar analogous methods. It is no longer necessary for you to visit your bank branches for all your banking transactions. With your online banking, your bank services helplines, and your bank social media handles, you can do almost all you may need to visit the banking halls. Sign up for online banking and do your transfer to any bank customer in Nigeria and any other part of the world from your domiciliary account, pay utility bills including your cable subscriptions, buy airtime for yourself and others, and lots more. Also, contact your bank service helplines and on social media to resolve all issues timely.

Use other alternatives channels.

There are several other banking channels available to you as a bank customer: with your bank card, Point of Sales Terminals (PoS) are readily available at merchant locations when you go shopping, Mobile Banking Apps and, USSD Banking Services are available for you on the go, Automatic Teller Machine (ATM) is also available everywhere you go. All these channels function as much as if not better than being physically present in the banking halls for your banking business. As a bank customer, you may not need to visit your bank branch for years or even know your bank relationship officer once you are conversant with these alternative banking channels.

Related

- Advertisement -
TAGGED: alternative banking, ATMs, bank branch, bank card, banking hall, mobile banking, Nigerian Banks, online banking
bankernaija October 23, 2022
Share this Article
Facebook TwitterEmail Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • FirstBank’s sponsored Timeless Concert by Davido connects fans, promotes culture and boosts the music industry to greater heights
  • FirstBank announces a name change of its subsidiaries, reiterates its commitment to business in africa and the world.   
  • Access Bank acquires Atlas Mara Zambia
  • Stanbic IBTC appoints Ndidi Nwuneli as new Director
  • Bank Loans with collateral Vs without collateral. Know your options

Recent Comments

  1. How Nigerians in Diaspora can obtain BVN and attach it to their Nigerian Bank Account with ease – Nigerian Banker on How BVN can be used to steal money from you Bank Account

You Might Also Like

News

Access Bank acquires Atlas Mara Zambia

March 25, 2023
Banking PersonalityNews

Stanbic IBTC appoints Ndidi Nwuneli as new Director

March 25, 2023
My Bank & I

Bank Loans with collateral Vs without collateral. Know your options

March 24, 2023
NewsOpinion

How CBN hesitation despite SC ruling ensures continuous Naira Scarcity

March 22, 2023

Categories

  • My Bank & I
  • Banking Personality
  • Ethical Banking
  • Research & Analysis
  • Opinion

About US

Nigerian Banker is focused on being the reference and source for all banking and related information in Nigeria
Quick Link
  • My Bookmark
  • Contact Us
  • News
  • My Bank & I
Top Categories
  • Banking Personality
  • Ethical Banking
  • My Bank & I
  • Opinion
  • Research & Analysis

Subscribe US

Subscribe to our newsletter to get our newest articles instantly!

© Nigerian Banker. 2022. All Rights Reserved.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?