ACCESS BANK REFUNDS STAMP DUTY CHARGES TO CUSTOMERS

Nigeria’s leading financial institution, Access Bank Plc has announced that it has refunded the Stamp Duty Charges on its customers. This is contained in a statement by the bank. It reads; “Earlier this week, we informed our customers that we had inadvertently not charged stamp duty on some accounts from February to April 2020 as mandated by the Federal Government.” “Stamp Duty Charge collection in compliance with the mandate of the ‘Finance Act, 2019 (Stamp Duty Act, Cap S8). We are required by law to apply this charge as applicable…

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