Skip to main content

Beware! Of Some GT Bank's Internet Banking Platforms

GT bank have a weakness

True GT bank is one of the leading banks in Africa, the same truth holds for their robust online presence which is one of the best in the continent. Banking with Guaranty Trust Bank both online and offline is enjoyable as you're faced with quick and timely response to your queries about some bank issues you might not be clear on. This coupled with their always cheerful staffs that mans their various branches are one the main reasons people like GT Bank.

There is no denying the fact that the bank is one of the major full featured all round banks Africa can boast of. Yes their are many positives from this bank, there are also some negatives. Amongst them is what I term GT bank alert negative, there is a seemingly small weekness in their alert system, it's so small that you won't even notice it, the bank may not even beware of this. A big hole in their online banking platform, brought out by the alert system. This is a big hole considering that funds are being lost.

gtbank internet banking in nigeria

So what's this weakness? If you've being paying attention to your account statement you'll notice this, if you haven't then it's not your fault as this is not quiet obivious. If an alert is set (SMS), any time you do an online transaction either you withdraw, transfer, pay or shop via Konga, Jumia or Amazon, you'll receive an alert summarizing how much spent and how much you've left. This alert can some times become so frequent that you may treat it as an MTN kind of message, there are others who won't bother reading them, or just simply glancing at them and quickly discarding them. If you're one of those, then I suggest you stop it and pay close attention to your account's details. Bring out your bank statements the ones containing how much was taken from the bank as alert cost, from January to December and study them, note how much the bank takes each month calculate those together and add them up with the interest your money should be making. A large sum yes? So where is those money going to?

I found this flaw out during my investigations, on my account and 5 others. How this works is simply, you do any GT bank online trasanction through their platform, an alert will be sent to you, at the end of the month some fees will be deducted from your account. Those fees are usually 1-20 Nigerian Naira depending on your accounts activity you maybe getting many alerts pay a day, and several alerts pay a month, so you may be losing 20k per year. The truth many is high-worth accounts do lose up to 100k per year yet they won't notice. Why? Have you ever asked youself why you don't get money interest in either your savings or current account? This is where those cash are being taken from. To avoid notice they use the flaw in GT bank's alert system. Who takes the funds? The bank? You? The truth is known of them to the best of my knowledge are guilty although I can't 100% vouch for the bank but they are not responsible nevertheless. If it's you the custormer, not the bank then there is a third party involved.

So here is my theory, note this is only a theory and may not be true. Although there is no sensible explanation for this, you might as well take it as it is. Yes there is a third party who is responsible for the missing money(s), a smart person who managed to get access to the bank, and somehow manipulated the banks computers. How he/she did that is a mystery but I suspect the bank may know about it, if not the bank then a key employer.

It's a good thing that our main balance are not touched, as only the interest and the alert money are taken. But what worries me is this weakness of which I'm not comfortable, there is no denying the fact that this seemingly small hole may one day expand, to the extent we may wake up one day and find our bank account at N 0.000!, this is possible and real, we should beware.

Guaranty Trust Bank is still one of the best bank around, to be on the safe side you've to do all suggested security procedures. And keep your private information private, contact them if you don't understand something.


Popular posts from this blog

8 Best Nigerian Skin Bleaching And Whitening Creams

By Elizbeth Lizzy ABeauty Therapist

Update: We will be doing the first skin clinic in Nigeria, and its free! courtesy of AIM and major cream retailers in UK and Africa, I will be there live.

Your skin will be tested and cream recommendations will be given to you, you can buy original creams on the spot or buy later.

It is once in a lifetime opportunity as skin test like this is expensive to do.

I promised them to met the target on time, please make this a reality, reserve your slot and share to help others reserve theirs. as a rule, if you can help as much as 15 or more reserve theirs, you'll be given a special treatment. I want this to hold and it can only hold in Nigeria if the expected number of people are met, otherwise the clinic may go to another African country. RESERVE Your SLOT We will select three Nigerian cities from a survey after you all have reserved your slot.

Back to the article
Check this collection of creams that are currently hot in the market right now this crea…

Simple Way To View Private Twitter Accounts

Update: If you rather you do it the easy way, there is an app that will help you do this, they offer one view per user, if you'll like to view more then you have to upgrade. you'll also have to endure some adverts or survey though, here is the site megaview

There is no feeling greater than the feeling you get when you finally get to see what someone has been hiding from you, yes catching someone at their game is a great feeling.

A lot of tools has come and gone, like TwtRoulette, an online tool that let's you view private tweets. A lot twitter holes has been patched, but then there is one that's not patchable , one hole that still remains.
Privacy is all about what you can't see, when one make a thing private he believes others can't see it, that he or she is the only one that can see it, this includes some certain things he thought might be private thereby taking it for granted. Well this might shock you not everything on your profile is private. One could for…

Full Nigerian Internet Configuration Codes/Settings For Smartphones

Here is the full list of internet configuration codes for automatic configuration and settings for manual configurations, each platform is taken care of, that is each of Android, Java, Symbian and Apple (iOS) has its own personalized settings and codes so that you don't have to worry about looking for each one.

There are about 4 major network carriers in Nigeria that provides internet services to its customers. Those networks provide many services from non-internet services like; Voice calls, SMS, Multimedia to internet services like; Web (Access points, GPRS, 3G, 4G etc), Data bundles for browsing, Live streaming and downloads. Although there a host of other network providers in the country but this four networks which are MTN, Glo (Globacom), Airtel, Etisalat are the biggest and also they are used by the majority and as such they are those we will at.