Bybit exchange removes some bank pairs in p2p trading.

[ZeroVinsonN]

I'm sure the reports have piled up over time and it's not serving any purpose to still be using them, the worst nightmare of P2P is to lose your money because you sent it out of your bank but the recieving bank doesn't get the funds for over a week, no one will want to release their coins if they haven't received payment for it and even though people know these banks are reliable they will still keep using them so the best thing the exchange can do is to make sure no one can use these banks again on their platform.

Delayed bank transfer can do make P2P trading stressful due to the seller may not receive money on time. On the other hand while the bite is waiting for the BTC to be released. I believe that the removing payment methods that do keep causing these problems can make P2P smoother and also safer, this may reduce the number of available options but reliability is much more important than having many payment methods.

It's simple, it's better for them to work with 2 banks that are always reliable then to work with over 20 with no reliability. The better the P2P experience the more people will want to use it so while it's to make P2P easier for people it's also to make sure they don't end up losing people to something like this that could have been avoided.
It's the same with how scammers were everywhere on their P2P platform, looking for ways to get money from buyers and sellers alike, you will hardly see them today and they worked on it because they were losing users because of it.

[Agbamoni]

Why was Access Bank not included in this list? 

If Access Bank is removed from the list, which other bank should be left that you think is better than Access Bank?

Access Bank is one of the good banks to use, among of all the banks, Access Bank gives better customer service, and they are usually the best and mostly used bank in the country. I suspected Eco Bank to be on the list, their online banking is really terrible, and they are not convenient enough for online banking.

Don't become one of their puppets. Ever since the late CEO of Access Bank died in a plane crash, Access Bank has never been the same. It's one bad news to another. Customers who had their money saved for a long time lost their money. Most of their staff were sacked after an investigation found that the staff stole money from dormant accounts.

Access Bank is one of the worst banks to use for P2P. It was because of Access Bank that I was restricted from doing P2P on a major exchange.

[Perfectbaby]

I think this adjustment could be as a result of much complaints from people either not receiving their money on time that is to say; these banks networks are usually very slow to reflect on their transactions were the receivers would have to wait for some hours before they could get alert whereby making the p2p transactions very slow in terms of transaction confirmation.
Well, I do not see anything wrong if they have decided to adjust all these banks to only the ones that could quickly reflect their transactions.

[Nightwatchmare]

I expected Jaiz bank to be on that list before even opening the thread and it didn’t disappoint  . Zenith and UBA seem missing on the list though[at least they are better but can’t tell which one is worse between those 2]

I checked my email after reading your post i did not see any mail from Bybit exchange concerning this notice. Anyways you did well in posting this important information here, it will help people like me who did not receive this information in their emails to know the latest thing happening in Bybit exchange p2p and change their banks if the banks they are using to receive money in Bybit exchange p2p is among the banks on the list that has already delisted by Bybit exchange.

Probably you haven’t used any of those banks for P2P trades [that'smy guess]..
Here’s an official announcement from Bybit: Delisting of selected payment methods from the NGN market on Bybit P2P .

You won’t be able to add it anyway since they don’t support it , so you didn’t really miss much even if you didn’t get any email.

I have seen the official statement of Bybit exchange concerning the delisting of some banks in their p2p platform through the link your posted, and is like only affected users received message in their emails. I am not worried as i did not receive message from Bybit exchange because i am not affected as i use opay to receive money in Bybit p2p the reason i checked my email if Bybit sent me message is because i am a Bybit p2p user and i wanted to confirm if Bybit exchange is really delisting some banks from their p2p platform.

[Marykeller]

Why was Access Bank not included in this list? 

I guess the reason these banks are removed is because P2P traders that use the banks have issues more often than others. Unlike Opay and other ones that have good notifications and the money will be received as fast as possible if the transaction was successfully sent.

Very true. These banks have the most complaints on Bybyit that should be the reason why Bybit has to take action immediately.
Access Bank and Unity Bank should be on this list. Well, Unity Bank has merged with Providus Bank. It is now called Providus Unity Bank.
I think the bank will start doing better since a different company has taken charge of the online payment process.

Access Bank has to, but I have noticed recently that their performance has improved a bit for someone to receive alert messages on time(that's my main bank).

It's because of many complaints from their customers; they decided to improve their services for faster transfers and alerts. Kudos to them anyways because I have seen a good change from them regarding alert delays and bad network on their side.

[promise444c5]

Why was Access Bank not included in this list? 

At this point, I think they should just consider all those commercial banks on the list .. the only fair one is First Bank. Even GTB too is not stable, and can delay sometimes. I added both Zenith and UBA on the list, not sure how  they are better than Ecobank  on that list .

The fact that this bank don’t care to do something better is annoying. I remember going to Zenith bank continuously for over a month only for them to tell me my signature doesn’t match my account and can’t rectify anything unless I visit the branch where I created my account..just lol!