Banking Transactions Review
Experience have shown entities with large volume of banking transactions often fail
to track and subject to independent checks transaction charges on their accounts with banks. We review banking transactions with a view to assisting client in identifying recoverable excess charges.
The following charges are covered within the scope of our services.
- Excess COT and VAT charges
- Excess Interest charges
- Loan/credit facility related charges e.g. management, processing, advisory, commitment and/or other fees
- Other bank charges, such as commission on draft, service charge, account maintenance charges, charges on MC and many other miscellaneous charges that eventually run cumulatively into millions of naira.
- Negotiable but usually un-negotiable interest receivable on credit balances.