Finance

checkings account

Why bank’s put hold on your check for checkings account

When you see money in your current account (especially after making a deposit), you would possibly think you can spend that money right away. However, banks regularly put “holds” on your deposits, preventing you from the use of the money. As a result, you may also quit up bouncing cheques or having problems with computerized …

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LAPO committed to SMEs,electronic banking to improved customer service delivery

Lapo Microfinance Bank management and board has assured of its commitment towards support start-ups Business in Nigeria. The Managing Director, Mr Godwin Ehigiamusoe, revealed that the bank in the last four years adopted Alternative Channel department to enhance delivery financial services to its clients. He stated, “We will continue to prioritise providing financial services to …

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