In this episode, BellaRose chats with banker and tech enthusiast, Elvis Christopher on the "new" CBN policy which states thus: A failed direct debit transaction resulting from an unfunded account is liable to a charge of 1% of the transaction amount or N5,000 - the higher amount is applicable. While this penal charge is only applicable if a customer's account is insufficiently funded at the time of the transaction, the qualifying amount shall be debited to customers account once it is funded. We therefore, wish to advise that you ensure your account is adequately funded at all times to facilitate successful transaction, especially, if you activate any form of direct debit instruction on your account.