Banking Institution Transactions Archives

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Banking Institution Transactions

Policy on KTT Transactions

November 26, 2024admin

To further clarify, Prominence Bank will credit your account with whatever is received, as per the instructions provided by the remitter’s bank. However: • We do not guarantee the nature of any transaction initiated by another banking institution or any remitter. • We do not get involved in transactions initiated by you or your remitter,...

Can Prominence Bank confirm what is being sent to my account?

November 26, 2024admin

No, Prominence Bank cannot confirm or verify what is being sent to your account. Only you and your remitter can provide this information. We do not get involved in transactions initiated by other banking institutions or remitters, and we do not guarantee their outcomes until the transaction has been fully processed by Prominence Bank.

What is my responsibility regarding KTT transactions sent to my account?

November 26, 2024admin

As the account holder, it is your responsibility to fully understand and manage the nature of the KTT transactions being sent to your account. If you provided KTT instructions to your remitter, you are accountable for the type of transaction being sent. Prominence Bank does not get involved in transactions initiated by you or your...