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Author Topic: Access bank no fit give their customers access.  (Read 216 times)
Y3shot (OP)
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November 17, 2023, 04:16:54 PM
 #1

For some days access bank customers no fit get access to their own money,  the name of the bank don become an opposite meaning. This not the first time this our traditional banks are having issues like this. People not having access to their money is a very bad experience which can put people to be in a complete confuse state. Na why I still considered bitcoin as the best, even if their is a delay in the network to transfer bitcoin,  with the use of a accelerator people still have access to their money in Bitcoin.  Access bank no even care about their customers, if they put their customers first they won't let their customers to go through this pain. Bitcoin cares about it users and still created a way people  can have access to it with accelerator. 

Our government really need to accept Bitcoin completely so that people can invest in it and in difficult time like this bitcoin can be a solution to the problem.

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November 17, 2023, 04:35:22 PM
 #2

Our government really need to accept Bitcoin completely so that people can invest in it and in difficult time like this bitcoin can be a solution to the problem.
Nigeria government allowed citizens to trade bitcoin and other cryptocurrencies of their choice. Nigeria is still leading in crypto adoption in Africa and among the first 10 countries in the world. If you want to buy millions of naira worth of bitcoin in just some minutes, that is possible if you are in Nigeria.

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.HUGE.
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November 17, 2023, 04:53:13 PM
Merited by hugeblack (2)
 #3

For some days access bank customers no fit get access to their own money,  the name of the bank don become an opposite meaning. This not the first time this our traditional banks are having issues like this. People not having access to their money is a very bad experience which can put people to be in a complete confuse state. Na why I still considered bitcoin as the best, even if their is a delay in the network to transfer bitcoin,  with the use of a accelerator people still have access to their money in Bitcoin.  Access bank no even care about their customers, if they put their customers first they won't let their customers to go through this pain. Bitcoin cares about it users and still created a way people  can have access to it with accelerator. 

Our government really need to accept Bitcoin completely so that people can invest in it and in difficult time like this bitcoin can be a solution to the problem.

I am not surprised at this because as long as it is a centralized system, issues like this must occur because it is been controlled by a third party and they can deprive you of your funds for no good reason. I feel pity for people that are using this bank and this is why one shouldn't put all his funds in one place because of such scenario like this. It is impossible for bitcoin to get rid of fiat because fiat is controlled by the government for them to have power over citizens financial life. This is why it is good to have both bitcoin and fiat, so that if fiat fails you, you can fall back to your bitcoin and take a little fraction from it to take care of any emergency on ground. Fiat and bitcoin will work hand in hand and no one will replace the other.

R


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November 17, 2023, 05:02:07 PM
 #4

For some days access bank customers no fit get access to their own money,  the name of the bank don become an opposite meaning. This not the first time this our traditional banks are having issues like this. People not having access to their money is a very bad experience which can put people to be in a complete confuse state. Na why I still considered bitcoin as the best, even if their is a delay in the network to transfer bitcoin,  with the use of a accelerator people still have access to their money in Bitcoin.  Access bank no even care about their customers, if they put their customers first they won't let their customers to go through this pain. Bitcoin cares about it users and still created a way people  can have access to it with accelerator. 

Our government really need to accept Bitcoin completely so that people can invest in it and in difficult time like this bitcoin can be a solution to the problem.
I have heard several bad stories about that bank including indiscriminate charges, difficulty and delayed transaction amongst others. What I find strange is how they continue to expand and dominate to remain among the top banks. Could it be that they have strong political connection?

There was even rumours of Access bank planning to buy Standard Chattered bank, a local bank planning to buy an international bank? That was strange anyways.

I have tried to open account with them on several occasions but somehow I end up not proceeding... maybe I was not just ready for their drama.

We hope CBN will step up on this matter and call them to order.

R


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November 17, 2023, 06:27:20 PM
 #5

I think what happened earlier is nothing more than a system glitch and it is normal for such experience.
Access Bank has been among the top rated banks in the country and their efficiency is still not to be doubted. Even MTN had one of the biggest glitch why not the bank, even cex exchange is not an exemption, we just need to have it in mind that surely at anytime there Wil be a time where our funds will be needed but can't be accessible that is why it is commonly necessary to operate in different banks.

Our government really need to accept Bitcoin completely so that people can invest in it and in difficult time like this bitcoin can be a solution to the problem.
There is no limitation or banned to operating with Bitcoin in Nigeria, everybody has every right and free will to participate, it is personal and no permission is required from the Government.
In the case of Bitcoin being the solution when experiencing system glitch is based on the measure at which it was purchased, either as an investment, store of value and so on but it is not right to alter my investment portfolio because of a common glitch which is normal with cexs. The best solution is having more than one accounts because there is every lesser tendency of both experiencing system glitch same time.

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November 17, 2023, 07:26:11 PM
 #6

Our government really need to accept Bitcoin completely so that people can invest in it and in difficult time like this bitcoin can be a solution to the problem.
Nigeria government allowed citizens to trade bitcoin and other cryptocurrencies of their choice. Nigeria is still leading in crypto adoption in Africa and among the first 10 countries in the world. If you want to buy millions of naira worth of bitcoin in just some minutes, that is possible if you are in Nigeria.
That's very true and that's why we are top in the chart of the most consumers and transacting of Bitcoin and all other crypto. Nigeria is the core region in the expansion of Bitcoin adoption too as I believe a ratio of 60% of Nigerian youth are aware of Bitcoin and other crypto but I don't know of them possessing it though because their is still this massive misconception that Bitcoin is something that has to do with illegal activity in the country and so many people shy away from it .

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November 17, 2023, 08:37:14 PM
 #7

Nigeria government allowed citizens to trade bitcoin and other cryptocurrencies of their choice. Nigeria is still leading in crypto adoption in Africa and among the first 10 countries in the world. If you want to buy millions of naira worth of bitcoin in just some minutes, that is possible if you are in Nigeria.
This is a perspective I have never thought of before. So ironically, the ban on Bitcoin trading to bank accounts was a blessing in disguise. Instead of tight measures and monitoring on crypto account their laxity has made Nigerians be able to do large transactions without the fear of government crack down.

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November 17, 2023, 08:41:16 PM
 #8

For some days access bank customers no fit get access to their own money,  the name of the bank don become an opposite meaning. This not the first time this our traditional banks are having issues like this. People not having access to their money is a very bad experience which can put people to be in a complete confuse state. Na why I still considered bitcoin as the best, even if their is a delay in the network to transfer bitcoin,  with the use of a accelerator people still have access to their money in Bitcoin.  Access bank no even care about their customers, if they put their customers first they won't let their customers to go through this pain. Bitcoin cares about it users and still created a way people  can have access to it with accelerator.  

Our government really need to accept Bitcoin completely so that people can invest in it and in difficult time like this bitcoin can be a solution to the problem.
It can be very frustrating when you want to make some financial activities and you get a setback, especially in urgent situation.
Nowadays I don't even use this our conventional banks for transactions, Opay has been able helpful.
Omo if our government, relax the restrictions on bitcoin e go really help our financial life, because this Banks dey misbehave too much.

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November 17, 2023, 09:13:29 PM
 #9

Living in Nigeria needs a skills and that is called the survival skills because you will never have what you think is your right and all the government and the bank want to do is to control your finances and ditch whatever portion they feel to you and get you locked out at will,  and if you think that the government will adopt Bitcoin then you may be assuming an almost impossible thing since Bitcoin will give Nigerian citizens the freedom to handle their financial life so for that their will just look away from the Bitcoin direction.

But that is not outstanding,  Nigerians still have unlimited access to Bitcoin as an alternative to the red baptism of the banks just like the one with Access Bank as mentioned on this thread it is a show of what becomes of centralization and the reason why you have to build an alternatives inflow capacity using Bitcoin.
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November 17, 2023, 09:14:10 PM
 #10

Although say me I no dey use the access bank but just first bank, this access bank I like the bank sha oh but the kind of stories I con dey hear lately my body self dey weak because how we are an owner of our own funds no go fit get access to the funds them? That's not fear, but the government and the owners of the access bank have to do something about it.
However, this is a good sign to others that have doubts on Bitcoin should know that the fiat bank are not secured in terms of holding or savings our money, because of all those bank shits nai make I like crypto currency Bitcoin in full because with good knowledge of Bitcoin and a secured crypto currency wallet one can peacefully save his or her coins and hold it for dear life.

R


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Nwada001
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November 17, 2023, 09:56:45 PM
Merited by CryptopreneurBrainboss (2)
 #11

Access bank no even care about their customers, if they put their customers first they won't let their customers to go through this pain.
If you know the kind competition way they for the banking sector you no go even talk say access bank no care about their customers, for customers way they feed them? If them no get the customers how them wan carry make money for the system, Watin be just sense for the whole matter be say, them just lack some kind thing way for make them solve this issue easily, the thing appear to be small out or their hand dem no just relax them they try but maybe them never just get the perfect solution to free every body to fit withdraw their money, one problem way them they sabi get nah say maybe their system no they built to carry more transactions compare to the kind load way them they carry on a daily basis, so lack of upgrade and some kind change fit result to something like this.

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Bitcoin cares about it users and still created a way people  can have access to it with accelerator.  

Even without accelerator you still get access to your bitcoin, nah for you to get the mind to pay the high fee, if you fit pay high fee you no need use accelerator self to carry fasting your transaction, and beside the accelerator nah external spruce build am to carry help people, which eh really they try for this kind difficult time way we they for the bitcoin space.

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Our government really need to accept Bitcoin completely so that people can invest in it and in difficult time like this bitcoin can be a solution to the problem.
Government no they hold any body hand make them no invest their money for any where, if you wan buy bitcoin you fit buy am government no go fine you come house come arrest you say you commit any crime, who wan invest they free to invest.

And beside Watin they happen to access bank no get anything to do with investment, even if you invest for bitcoin you still need use your bank to run some local transaction so you fit still experience this kind issue, no be every body you fit pay for their service with crypto so normally you go still need get small money for you account to carry they run those transactions, eh fit happen to anybody.

R


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November 17, 2023, 10:13:44 PM
 #12

Thia topic you bring here be better one. but the thing wey dey dere be say no matter how the banking system fail or how poor the transactions dey be, need still dey for fiat banking. I think bank get there functions while crypto get there functions too. Fiat na a way of converting any online asset to local fiat for use. I see am say network issue no be an escuse wey person go come say you go come fully adopt crypto. Morover bitcoin adoption dey since for Nigeria as a matter of fact w don dey for Long now.

The real deal wey dey dere be say both crypto and bank go work hand in hand to achieve there goals. Let's take for example if everybody say them want to dey do p2p to avoid fiat banking system, sometimes we go dey get issues. Because fiat banking system still serve as middle man. If we say make we avoid fiat now then make we do direct p2p without any centralized exchange how we fit dey trade our coin for fiat? Because for you to see perfect merge go be problem and even if them merged you with person I think e go be for a purpose of buying or exchange of goods and services. so where the thing go dey possible na if them introduce a website wey dey accept bitcoin as a means of payment as an option. Just like the way jumia dey, emagine say Dem dey accept bitcoin for Nigeria, people for prefer am pass fiat exchange wey dey always dey cause wahala for customers.

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November 18, 2023, 01:00:41 AM
 #13

In as much as traditional banks are fucking up, I wouldn't completely write them off coz if you choose to save ur money 100% in Cryptocurrency, remember that centralized exchanges can either get exploited or they freeze ur funds, if you shift to non custodial wallets, remember ur wallets can get compromised by hackers. So no place is completely safe.
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November 18, 2023, 01:58:40 AM
 #14

Op, this thing dey happen for all the bank's wey dey for our Naija, no be only Access Bank o. I believe that our Federal Government gives the banking sector the directive say make them prevent us from getting full access to our money because wey thing my eyes take see for Zenith bank last week no be small thing. I went to Zenith Bank last week to withdraw 100k Naira when I take teller to write the amount I wanted to withdraw, the Zenith Bank security guard first told me that is only 30k Naira I could withdraw from my money, and when I went to confirm from Zenith bank cashier na still the same thing the cashier told me.
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Our government really need to accept Bitcoin completely so that people can invest in it and in difficult time like this bitcoin can be a solution to the problem.
E go hard for our government to allow us to freely interact with Bitcoin because they know say if they allow am, e go hard them to they do us anyhow with our money because they know that Bitcoin is the only thing that can give us full control over our money. Secondly, our government knows if Bitcoin is fully accepted by them they will not have the power to cut the money in our bank accounts the way they want because some people will not want to save their money in the Bank.

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November 18, 2023, 05:44:14 AM
 #15

For some days access bank customers no fit get access to their own money,  the name of the bank don become an opposite meaning. This not the first time this our traditional banks are having issues like this. People not having access to their money is a very bad experience which can put people to be in a complete confuse state. Na why I still considered bitcoin as the best, even if their is a delay in the network to transfer bitcoin,  with the use of a accelerator people still have access to their money in Bitcoin.  Access bank no even care about their customers, if they put their customers first they won't let their customers to go through this pain. Bitcoin cares about it users and still created a way people  can have access to it with accelerator. 
I saw Access bank trending on Twitter (X) and I knew it will definitely be for the wrong reasons, this post just confirmed that. You need to see terrible experiences of people with  that bank.

The recapitalisation done by the then CBN governor, Professor Charles Soludo, who is the present governor of Anambra State, eliminated a lot of the problems facing the banking sector by ensuring banks must have at least twenty five billion naira to operate, this lead to the merger of several banks from where Access bank was born as a mega bank. I guess what is affecting them is administration and not just the capital to run the bank.

If this issue lingers, there may be mass exodus from that bank because people wouldn't want much stories about their funds especially now that the country is facing economic challenges.  

Our government really need to accept Bitcoin completely so that people can invest in it and in difficult time like this bitcoin can be a solution to the problem.
Nigeria should be one of the best country where Bitcoin is thriving and where there is hardly any limitations to Bitcoin. It is not on the side of government to accept Bitcoin but the burden is on the citizens to accept Bitcoin seeing that keeping their money in the bank is becoming a problem. With Bitcoin, this kind of issue with access bank will not be there.

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November 18, 2023, 05:59:16 AM
 #16

. People not having access to their money is a very bad experience which can put people to be in a complete confuse state. Na why I still considered bitcoin as the best, even if their is a delay in the network to transfer bitcoin,  with the use of a accelerator people still have access to their money in Bitcoin.  Access bank no even care about their customers, if they put their customers first they won't let their customers to go through this pain. Bitcoin cares about it users and still created a way people  can have access to it with accelerator. 
this issue of not having access to your funds when you are in need can be as tiring and frustrating as hell. You will just be making your plans with the money in your account only for you to try withdrawing it and you are noticing one network problem or another. Yesterday, I almost tracked from a very long distance back home because of this similar bank wahala.

I went somewhere and paid my transportation with my last cash to the place, after I was done with what I went there for, I proceeded to making withdrawing to pay myself back only to find out that there is no network to make the transfer. I tracked to different locations in the locality just to source for network but was still unable to make then transfer. I had to beg a driver to help me out in the situation and that is how I was able to return back home. This country and their systems an serious cruise on a normal.

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November 18, 2023, 06:48:27 AM
 #17

This our Nigerian banking system whala don dey gradually increase. No be only access bank dey get issue self almost all the bank wey dey get this issues. Sometimes I dey even reason say opay fit even take over Nigeria banking system because opay dey fast and easy compared to bank, just that them never gain popularity like bank, and if anything happens to your fund you no fit catch anybod, if not the best place I see say person fit dey keep money or do transaction na opay and even get daily bonus like upto #5 Naira which you fit dey compound am on daily basis sothat if them wan take transaction fee na there them go dey collect am. And each transaction you do go get cash back of about %3.

Sometimes I dey reason say economic inflation they affect bank. Because of the way inflation they rise naso people dey comot there Money from bank they go invest am to wetting go profit them. Some ft be Crypto currency. and that thing come dey affect the steady inflow of cash to the bank. Emagine wetting happen for that  te time of scacity of money, person go go bank say him wan collect him money, bank get the money but them go deprive you of your money, them dey give people 2 to #3k where as CBN dey give them money. Instead of them taking advantage of the crucial situation of the economy to promote there services by making there customer happy, them choose to use the opportunity to make more money. By selling the cash to POS people. So that thing create a bad inpression on banks and many people come decide say after this monetary crisis say Dem no go fit put money for bank again. And I think that thing don dey happen. Just like @mayor of ogba describe how him go zenith bank to collect#100k but them offer am #30k that one na to show say money no too dey bank again. And them dey fear for fall.  Because dey depend on people money as a form of there liquidity.
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November 18, 2023, 08:26:56 AM
 #18

OP, as a matter of fact, Access Bank is known for this incident, the repeat it always because there is no law restricting them from doing it, this bank mainly is known for the frustration of its customers, I won a bet in sportybet, I moved the money to my access bank account, the transaction was successful in the side of Sportybet, but access bank becomes the problem, it took over 2weeks for the so-called bank to credit me, I called sportybet management, the have to send me the tracking code, before the conflict could be resolved, Nigerians at this point are facing numerous problems from the banking sector because of poor management, if not that people are not very sure of opay, I think it would have been better than these banks.
As for bitcoin transaction and investment no one is restricting Nigerians, if you have your funds to invest, perfect it and continue doing the needful.   

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November 18, 2023, 08:33:11 AM
 #19

This is the more reason why we should seek for a decentralized system of banking operation, we don't want a third party anymore to make transactions as sometimes it is really frustrating when trying to get access to ones fund but finding it difficult to do so. Bitcoin adoption is really gonna be the way forward as we are tired of these fiat challenges therefore we don't want stories again all we should do is to embrace this modern day medium of exchange and trading without any glitch in the system. Bitcoin for one is definitely gonna be bitcoin for all as if one person embraces the use of bitcoin I think there is need for us all to embrace it as well.

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November 18, 2023, 09:19:47 AM
 #20

Wahala for who still de keep money for all this traditional banks, especially access bank, i no wetin for there hands, premium shege..

In as much as traditional banks are fucking up, I wouldn't completely write them off coz if you choose to save ur money 100% in Cryptocurrency, remember that centralized exchanges can either get exploited or they freeze ur funds, if you shift to non custodial wallets, remember ur wallets can get compromised by hackers. So no place is completely safe.
This one weh you talk, i no gree am ooo, better you save your assets in an non custodial wallet, specifically a cold wallet, you're safe
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