Barclays Bank Asks Nigerians, Others With Less Than £100,000 To Close Their Accounts

By Mojisola Delano On Aug 3, 2017

Barclays Bank has asked expatriates, including Nigerians, with less than £100,000 deposit to close their accounts.

In a letter dated June 12, 2017, the bank informed the customers that would be affected by the policy of its decision to raise the minimum client balance requirement for international banking service.

“The new minimum level will now be £100,000. Top up your savings and investments to £100,000 or more before 1 August 2017, to continue with the service, or close your account and transfer your monies to another provider without charge,” the letter read.

“We understand that you may be disappointed by this and we will aim to offer you as much assistance as possible during this transition period.”

Mojisola Delano 9300 posts 129 comments

Moji is a Lawyer, online media aficionado, communications strategist, and entrepreneur in her early 30’s. Her zest and energy to succeed coupled with her very strong interpersonal skills has seen her build her blog from just a passionate hobby to a strong platform for social influence and brand.

Today she has expanded to having her own company SMD Media. SMD Media consults for large corporates drawn especially from the Finance, Technology, Advertising and Media, Creative Arts sectors, where her brand has grown significant leverage and contacts.

She is also the pioneer Chairperson of the Digital Media Practitioners of Nigeria-DMPN, an Association whose vision is to influence on a larger scale for a greater good to impact lives positively, ensure the standardisation and the continuous enthronement of ethical practises within the digital space .

Moji is a lover of the Arts, Fashion and Entertainment with a strong plan to own her own shoe/bag line, record label, Movie production company among other things.

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