Exclusive:Banks In UK, US, Canada and UAE Are Closing Nigerian Accounts Held With Them

Date: 14-09-2015 12:25 pm (8 years ago) | Author: kaygee
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- at 14-09-2015 12:25 PM (8 years ago)
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GISTMANIA can confirm that banks around the world have began closing accounts held by Nigerians.
If you may recall, in May 2015, news filtered through social media that accounts of Nigerians in the UAE specifically in Dubai had been closed.
At the time, no official reason was given, however sources at the Dubai Financial Services Authority (DFSA) disclosed that this was as a result of Dubai’s efforts to curb money laundering.
Nigerians with accounts in the United Kingdom, United States and Canada have reported their accounts being closed without any clear explanation from the banks. Many have received letters stating that the banks have decided to close their accounts as they reserve the right to do so based on bank/client agreements. Letter packages have included cheques amounting to the closing balance and/or instructions on how to retrieve their cash.
While there is no clear and official reason for this exercise, sources have revealed that this is as a result of ongoing anti-money laundering discussions between the Nigeria’s Buhari-led government and their international counterparts.
In addition, countries around the world are clamping down on banks which aid money laundering by imposing huge fines and penalties. Therefore, the banks are working overtime to “clean up their acts”. In June 2015, it was revealed that HSBC paid over $43million in Geneva to settle a money laundering case.
Please note that based on information received so far, while no clear pattern for account closing selection has been revealed; Affected parties have excluded those who have a clear and defined source of the funds in the account. For example, work permit holders with salaries remitted into their accounts or  current students with fees and reasonable pocket money paid into their accounts have not been affected so far.
However, Nigerians who transfer money from their Nigerian accounts to foreign accounts, students with unexplained large balances and Nigerians who made cash deposits into their accounts abroad have been affected so far.
GISTMANIA will keep you updated on developments. If you have a foreign account, we encourage you to check the status as soon as possible and continue to monitor your accounts as this is an ongoing exercise.


Posted: at 14-09-2015 12:25 PM (8 years ago) | Gistmaniac
- jereva at 14-09-2015 12:55 PM (8 years ago)
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If you don't live there, your money shouldn't too.
Posted: at 14-09-2015 12:55 PM (8 years ago) | Upcoming
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- elchymo at 14-09-2015 01:03 PM (8 years ago)
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Mehn, dis one na serious closing of office for some ppl oo Roll Eyes Roll Eyes Roll Eyes
Posted: at 14-09-2015 01:03 PM (8 years ago) | Hero
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- omalesamuel at 14-09-2015 01:04 PM (8 years ago)
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Quote from: jereva on 14-09-2015 12:55 PM
If you don't live there, your money shouldn't too.
Seconded. The birth of a new dawn.
Posted: at 14-09-2015 01:04 PM (8 years ago) | Newbie
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- innocentbola at 14-09-2015 01:09 PM (8 years ago)
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Quote from: elchymo on 14-09-2015 01:03 PM
Mehn, dis one na serious closing of office for some ppl oo Roll Eyes Roll Eyes Roll Eyes

Yes o na true you talk...
Posted: at 14-09-2015 01:09 PM (8 years ago) | Gistmaniac
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- innocentbola at 14-09-2015 01:10 PM (8 years ago)
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Well i don't keep my money in the bank except my salary, even that doesn't stay long in there either. I DON'T TRUST ANY BANK
Posted: at 14-09-2015 01:10 PM (8 years ago) | Gistmaniac
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- Machealex at 14-09-2015 01:35 PM (8 years ago)
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Change in the air
Posted: at 14-09-2015 01:35 PM (8 years ago) | Gistmaniac
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- Blessed75 at 14-09-2015 01:46 PM (8 years ago)
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Make them the close am i supported
Posted: at 14-09-2015 01:46 PM (8 years ago) | Gistmaniac
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- ngfineface at 14-09-2015 02:16 PM (8 years ago)
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Maka why? Thats not fair naa
Posted: at 14-09-2015 02:16 PM (8 years ago) | Hero
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- PoliticxGuru at 14-09-2015 02:52 PM (8 years ago)
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Abeg my account at Arklad City bank in North London, make nothing do am ooooo, if not Queen Eliza me and u go enter D same skirt
Posted: at 14-09-2015 02:52 PM (8 years ago) | Hero
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- bayonel3 at 14-09-2015 04:28 PM (8 years ago)
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supported

Posted: at 14-09-2015 04:28 PM (8 years ago) | Addicted Hero
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- bayonel3 at 14-09-2015 05:06 PM (8 years ago)
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Quote from: jereva on 14-09-2015 12:55 PM
If you don't live there, your money shouldn't too.
perfect...

Posted: at 14-09-2015 05:06 PM (8 years ago) | Addicted Hero
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- gogoman at 14-09-2015 05:20 PM (8 years ago)
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hmmmmmmmmmmmmmmmmm na wa oo
Posted: at 14-09-2015 05:20 PM (8 years ago) | Grande Master
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- princemma at 14-09-2015 06:46 PM (8 years ago)
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welcome development
Posted: at 14-09-2015 06:46 PM (8 years ago) | Upcoming
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- dickieponga at 14-09-2015 07:09 PM (8 years ago)
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Quote from: PoliticxGuru on 14-09-2015 02:52 PM
Abeg my account at Arklad City bank in North London, make nothing do am ooooo, if not Queen Eliza me and u go enter D same skirt

Hahahahahahahaha
Give me ur bank details let me have a word wit ur bank manager...
I need to no how much u get for d acct b4 i make a move..
Mesef dey north London where my acct dey so e no far..
Posted: at 14-09-2015 07:09 PM (8 years ago) | Hero
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- dickieponga at 14-09-2015 07:10 PM (8 years ago)
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Beautiful move by Buhari, nice one..
Posted: at 14-09-2015 07:10 PM (8 years ago) | Hero
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- kudoson at 14-09-2015 07:32 PM (8 years ago)
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Niger don get virus all over d country
Posted: at 14-09-2015 07:32 PM (8 years ago) | Upcoming
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- kudoson at 14-09-2015 07:32 PM (8 years ago)
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Niger don get virus all over d country
Posted: at 14-09-2015 07:32 PM (8 years ago) | Upcoming
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- hackynoni111 at 14-09-2015 09:24 PM (8 years ago)
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i love this
Posted: at 14-09-2015 09:24 PM (8 years ago) | Gistmaniac
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- ngorgoya4real at 14-09-2015 10:03 PM (8 years ago)
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If them try am near my money, weytin i go do Buhari no go like am. Make him beta tell dem nw say mak dem no near ooooooo.
Posted: at 14-09-2015 10:03 PM (8 years ago) | Upcoming
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