Product Barcode

 

471 is made in Taiwan



               It is our right to know about a product and it's source before we buy and make use of it, but the government and related department has never taken time to educate the public, therefore the need to rescue ourselves.

 Nowadays, some businessmen know that consumers do not prefer products made in some countries, i.e 'MADE IN ***********', so they don't show from which country it is made.

    However, you may now refer to the bar-code, to know which country a product is made from, for example if the first 3 digits is 690 to 695 then it is Made in China, all Barcodes that start with 690.691.692 until 695 are all MADE IN CHINA

Below is the starting digits for some other countries:

  00 ~ 13 USA & CANADA
  30 ~ 37 FRANCE
  40 ~ 44 GERMANY
  49 ~ JAPAN
  50 ~ UK
  57 ~ Denmark
  64 ~ Finland
  76 ~ Switzerland and Liechtenstein
  471 ~ Taiwan
  628 ~ Saudi-Arabian
  629 ~ United Arab Emirates
  740 ~ 745 - Central America
 All 480 Codes are Made in the Philippines.

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CBN Revised Guide to Bank Charges

     The Revised Guide to Bank charges was released on the 27th of March 2013, first issued in 2004, was meant to provide a standard for the application of charges in the banking industry and to minimize conflicts between banks and their customers.
In order to reflect current developments in the market and provide clarity on banking terms, the CBN recently conducted a review of the Guide, and highlighted in the table below is the section on the details of charges applicable to Electronic Banking.

	DESCRIPTION	RATE
10.1	Internet Banking:
	10.1.1  Token	Max of N 1,500 (one-off charge)
	10.1.2 Bills payment	N 100
	10.1.3 Interbank Transfer	N 100
10.2	Electronic Funds Transfer:
	10.2.1 Below N 500,000	N 70
	10.2.2 N 500,000 to N 10,000,000	N 100
	10.2.3 Above N 10,000,000	N 500
	10.2.4 RTGS	N 700
10.3	Annual Maintenance Fee on foreign currency denominated cards	N 3,000
10.4	Credit Card Charges:
	10.4.1 Interest charges	2.5%
	10.4.2 International withdrawals (per transaction)	N 240
	10.4.3 Late repayment	N 2,000
10.5	Debit Card Charges:
	10.5.1 Issuing Fee	N,1000 (one of charge)
	10.5.2 ATM Bill Payment	N 100
	10.5.3 International withdrawals (per transaction)	N 240
	10.5.4 Debit card maintenance charges	N 100 (annual charge)
	10.5.5 Cash card loading/unloading	No charge
10.6	ATM Transactions:
	10.6.1 Within the bank	No charge
	10.6.2 On other banks ATMs	No charge
	10.6.3 On approved Independent ATMs	N 150
10.7	Mobile Payments:
	10.7.1 Interbank Funds Transfer	N 100
	10.7.2 Intra-bank Funds Transfer	N 100
	10.7.3 Bill payment	N 100
	10.7.4 Cash-out Agent (to be borne by the sender)	N 100
	10.7.5 Cash-out Branch(to be borne by the sender)	N 100
	10.7.6 Mobile Money Card Reissue	N 300
	10.7.7 Deposit at Agent	N 100
10.8	Point of Sales (PoS):
	10.8.1 General Merchant	1.25% of transaction value subject to a maximum of N 2,000
	10.8.2 Wholesale	Negotiable subject to a maximum of N2,000
	10.8.3 Hotels	Negotiable subject to a maximum of N2,000
	10.8.4 Food/Churches/NGOs	Negotiable subject to a maximum of N2,000
	10.8.5 Fuel stations	Negotiable subject to a maximum of N2,000
	10.8.6 Airline operators	Negotiable subject to a maximum of N2,000
	10.8.7 Travel Agents	Negotiable subject to a maximum of N2,000
	10.8.8 Card Charges (International)	2.5% of transaction value
10.9	Bulk Payments Electronic Funds Transfer:
	10.9.1 Salary payment	Negotiable subject to a maximum of N 100 per employee
	10.9.2 Vendor payments (payable by the vendor)	N 150
	10.9.3 Single payments	No charge
	10.9.4 Utility payments	No charge
	10.9.5 Tax payments	No charge
10.10	Alert Services
	10.10.1 Mandatory SMS alert	N 4 subject to NCC directives
	10.10.2 Email notification (Optional)	No charge
10.11	PIN reissue	No charge
10.12	PIN reset	No charge
10.13	PIN mailer reprint (foreign currency denominated cards)	Cost of recovery subject to a maximum of $1

    The Revised guide to Bank charges is issued to serve as a regulation on applicable charges for banking services and products offered to customers and it takes effect from April 1, 2013.

TERMS:

Card Issuance Fee: Fees charged by banks for the issuance of e-cards such as ATM cards, MasterCard, etc.

NEFT (NIBSS Electronic Funds Transfer): is an electronic payment system that enables the execution of transfer instruction between banks on the NIBSS platform.

NIBSS (Nigeria Inter-bank Settlement System): is an institution that provides the infrastructure for automated processing, settlement of payments and fund transfer instruction between banks, discount houses and card companies in Nigeria. It is owned by deposit money banks and the CBN.

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Mobile Money

         Mobile Money is an easy, fast, secure and affordable way to send and receive money with the use of mobile phones. With mobile money service all phone users can transfer funds to any recipient in Nigeria and also make payment for goods and services with their phones.

This mode of payment has been made popular in some east African countries particularly Kenya since year 2007.

You don't need to have a bank account to use this service, your mobile number serves as a wallet which you can load with money for use to pay for goods and services.

With mobile money you can do the following;

• send money to other mobile money users

receive money from other mobile money users

make purchases and pay with mobile money by sending money through your phone to a mobile money merchant in exchange for goods and service

Cash in: funding or deposits into your mobile money account

Cash out: withdrawals from mobile money account through an Agent

Funds Transfers to any recipient (both mobile money subscribers and non-subscribers) *** non-subscribers collect cash from an ATM with just a PIN.

Purchase of Airtime ( for self and for others)

Balance Enquiries

Payment of Utility bills etc    

You can also link your mobile money account with your bank account in order to fund your 'wallet' that is mobile money account from your bank account or transfer money to the bank from your mobile money account.  

 

      Organizations licensed to carry out mobile money service are telecommunication companies and banks which have their Agents all over the place to attend to your mobile money needs such as such as registration, deposits (cash-in) and withdrawals (cash-out).
***The process of withdrawal is such that you transfer value from your mobile money account to an agents account and the agent gives you cash. UDM56RWPVSAZ 

How to subscribe to mobile money

    To start using mobile money service all you need is your mobile phone to register for the service by simply dialing a short code from the phone or downloading the application if you want to use the web-lite version (for gprs enabled phones) or you can walk into any of the banks that currently offer this service or meet their Agents. 

Mobile money uses the short codes USSD that is on your SIM card available on most new SIM cards and you will always receive an SMS notifying you of the status of your transaction. The old SIM card that you have been using for some years now might not be able to use this service. 

      You can subscribe to mobile money services from the following banks in Nigeria by dialing the codes listed below or clicking on the link to download the web-lite version.

 

       Stanbic IBTC Bank *909#

       FirstBank    *894#

       Ecobank     *326#

       UBA             Umobile

       GTBank       GTBank Mobile money

       FCMB          FCMB Mobile

       Zenith Bank Zenith Bank eazymoney

 Presently I use Stanbic IBTC Bank mobile money service without having an account with the bank and the experience has been very wonderful.

The short codes can be used on any network a bank has partnered with and also some banks are yet to launch their own mobile money service.

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