WATCH THE VIDEO HERE Sterling Bank has announced the removal of transfer fees on all local online transactions. The move was confirmed by the bank on Tuesday in a press release. The development makes it the first major Nigerian bank to eliminate the contentious charges for digital banking. The statement noted that the bank reaffirmed its commitment to customer-centric banking, declaring that the zero-transfer-fee policy is real and effective immediately. The initiative is expected to bring significant relief to individuals and small business owners who conduct frequent transactions.