Saving Money at the bank isn't save anylonger - My experience with Fidelity bank
- Tobiloba Itogbe
- Aug 5, 2019
- 2 min read

Several people have elongated their experiences at the sadducees of the banking operations in Nigeria, and beyond. The system have delved into chicanery, and all tends to be allowed without questioning.
Beyond my latest experience with Fidelity bank, I have had many issues with the bankers in past years on occurrence of debit on deposited money - leading to the reduction of total money deposited. These acts are not done to one individual, but to several masses, enriching the banking institution. I recently moved some money away from GTbank account into Fidelity bank account, after some few hours, I had constant debit of over 25 of them! I was stunned to know what's going on, and had to quickly take the money out from the bank into my pocket.
Of course I did not get the actual amount again. I had but lost about n2000 from that deposit. For someone who received such as a salary, and lost such amount to the bank, you can imagine how surveyed the person's reaction will be. I decided not to make a report to the bank, because it all could end up in an “english of conversation.” A person with hundreds of cash in his bank may not feel this effect, but someone with the plenty little will.
It's time to be unbanked, while the money that wished to be banked doesn't lose its value.
My recommendation always is to buy into a cryptocurrency, most especially The Billion Coin.
This allows the average man on the street to see value in the money he has in possession, although he is afraid of the one he keeps with the bank.
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