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GTBank Commences Deduction of USSD Fees from Mobile Airtime

Guaranty Trust Bank (GTBank) says it will begin the deduction of Unstructured Supplementary Service Data (USSD) fees from the airtime balance of its customers from June 18.

The bank, in a message to its customers on Wednesday, said the N6.98 fee would no longer be deducted from customers’ bank account balances.

”Dear Customer, please be informed that effective June, 18, the N6.98 USSD fee will be deducted from your airtime balance, no longer from your bank account.”

Recall that the Nigerian Communications Commission (NCC) had directed deposit money banks (DMBs) to stop deducting charges for USSD transactions directly from customers’ accounts.

The Nation

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