Sterling Bank Becomes First Nigerian Bank to Eliminate Local Transfer Fees in Bold Customer-Centric Move
Under the new policy, all Sterling Bank customers can conduct free local transfers through the bank’s mobile app, offering significant savings for individuals and small business owners who rely heavily on digital payments for daily transactions. In a groundbreaking shift for Nigeria’s financial sector, Sterling Bank has officially eliminated all transfer fees on local online transactions, becoming the first major bank in the country to implement a zero-transfer-fee policy.