Traditional banking has left so much to be desired for customers. It could be bad or worse depending on where you live. In Nigeria, its terrible. High transaction fees is one of the challenges we deal with. #banking #threads247
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Traditional banking has left so much to be desired for customers. It could be bad or worse depending on where you live. In Nigeria, its terrible. High transaction fees is one of the challenges we deal with. #banking #threads247
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Yeah, the problem keeps getting worse by the day, now I don't make use of my bank for transactions because of the unnecessary charges.
#threads247 #banking #life
I use to wonder whether our banking sector is not regulated in any way. They just feel at home with sloppy banking services because no one seems to check their activities.
#threads247
What can we say, we signed up for it the moment we started banking with them 🤦🏻♀️.
#threads247
Well I think if you've used a blockchain transaction before there will be nothing to desire about traditional banking. Blockchain defeats it in everything and everywhere and there's no traditional banking system that can beat blockchain.
I really wish that crypto payments have gone mainstream. Lke, you could just pay the taxi or a shop owner with your crypto. Otherwise, we dont need the banks at all. They are just terrible.
#banking #threads247
As in, I just feel frustrated with how banks charge so high for unnecessary stuff. I had to stop using my bank and went for opay and palmpay instead. Though I don´t keep my money for long there. I store my money in us dollars.
Yes, Neo banks have been my preferred alternative. I use Fair money. These online banks have saved us from misery, though they are not perfect. But they are great alternatives to traditional banking. #banking #threads247
Yes, they are great alternatives as they do not charge unnecessarily as traditional banks would.
Sure. Fair Money pays me 10% on savings. Thats something the traditional banks will never do
Traditional banking just keeps getting worse. That’s why you have to stick to decentralized platforms. Use your money when you want, how you want it
This is so true. Big thanks to crypto. It has given us the freedom we so badly miss. I avoid banks now as much as possible.
Crypto be doing the most. Banks not so much👎
One of the banks debits me twice on each transfer of funds to another customer. Here are 5 things wrong with modern banking today.
#gosh
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https://ecency.com/hive-167922/@fokusnow/5-things-wrong-with-todays-traditional-banking
You know after the cashless saga, many people vowed not to patronize banks again due to the ugly experiences they had. Going to some banks these days if you have a transaction issue is tiringand ffrustrating
I just avoid all that stress. Even all through the period of cash crunch, I never attempted stepping into any banking hall. The whole image there is scary. Makes no sense at all. #banking
Banking sector most especially those in Nigeria is real bad they should do well to look into the problems affecting there profession
Yes, they need to up their game. The complains about a lot of terrible services they offer is never ending. They really need to do something about them
Nawa ooh 😳
Yes. We are loosing faith in the banking sector and its time they wake up from their slumber.
#banking
No wonder most people had no bank acct before the cashless policy
Yes. The frustration could lead to someone abandoning the banks. I have closed my account in one of the banks.
Modern banks today disappoints us, the last time my bank debited me with out paying, I spent so much time returning and revisiting the bank just to retrieve the money, I later received the money after I gave up on it like Three months after
3 months? At least am happy you later got it. One banks refused to treat my own issue more than 1 year now. I already stopped banking with them because they are not serious.
#threads247
Your own is better than mine. Am not banking with one now. I vex say may the bank dey. Make me I dey kwa
#money
I really felt bad at my experience at our bank. To enter the banking hall was hectic since there is huge number of customer. Sat on floor to wait for my turn and tellers talks anyhow to me. At the end, my aim was not attended.
Poor network and slow but steady transaction fees gives me stress. Our banking sector is down on the ground. My experience with them is even worse than yours.