Guaranty Trust Bank (GTBank) has announced that starting June 18, it will begin deducting Unstructured Supplementary Service Data (USSD) charges directly from customers’ airtime balances.
In a notice sent to customers on Wednesday, the bank stated that the ₦6.98 fee would no longer be taken from their 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”.
The Nigerian Communications Commission (NCC) had directed deposit money banks (DMBs) to stop deducting charges for USSD transactions directly from customers’ accounts.