Banks to shut early on Friday, direct prospects to digital channel

Deposit Cash Banks (DMBs) and different monetary establishments have notified prospects about their early closure on Friday following the upcoming New 12 months celebration.

With the notification, prospects now have between 8 am and 1pm or 3pm, relying on the financial institution, to do their transactions, versus between 8 am and 4 pm.

Consequently, the banks have directed their prospects to make use of various channels for his or her transactions in the course of the interval.

Varied digital banking channels can be found to prospects, together with Automated Teller Machines (ATMs), Level of Gross sales (PoS), cell banking, and Web banking, amongst others.

Some monetary establishments which have despatched out notices on the early closure embrace GTBank, and First Financial institution of Nigeria, amongst others.

“Kindly be told that our branches nationwide will near prospects at 1pm on Friday, 29 December 2023. Please be assured which you can nonetheless financial institution with us via our various channels,” First Financial institution mentioned.

“Our branches nationwide will near prospects early on Friday, December 29, 2023. Kindly observe the early closure time under: upcoming branches will shut at 2pm and Lagos branches at 3pm.

“We encourage you to make the most of our safe, handy and always-on various channels on your banking wants, GTBank said.

The Central Financial institution of Nigeria in December 2011 launched the cashless policy, which goals to curb a number of the destructive penalties related to the excessive utilization of bodily money within the financial system, together with excessive price of money, excessive danger of utilizing money, excessive subsidy, casual financial system, inefficiency and corruption.

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