Bank normally is supposed to help people whenever they are in need of cash but nowadays reverse is the case, I don't know if I will say it is because of the government and currently bank charges is becoming something else, whether you do transaction or not they will charge you. Below is the reason I prefer saving in exchange to Bank
Those are just the facts about the banks, and that’s why I didn’t blame those who are saying the banks are useless from their side, and it is the truth. Because their own is coming worst, we all know that normally there are bank charges, which are for bank maintenance; but now what some banks charge from the people’s accounts has become something that they don’t understand anymore.
They don’t know that this thing they’ve started will lead them to lose all their customers, and they’ve even started leaving. Most of the people are opening wallets now and have been saving their money without any issues. Using Opay now is even more reliable than a normal bank, because before Opay can charge a person, I think you will do more than three transactions a day before they charge 10 Naira.
Access and liberty: money saved in exchange is very accessible provided you have your internet connection and you can transact anytime, any day, any hour if you wish to unlike Bank that sometimes will deprive customer from making use of their own money because of maintenance and some careless network issues, yes nothing is wrong with maintenance but it should be done in a way it won't affect customers and to be honest I feel relaxed and free whenever my money is in exchange because it very hard to get my seed phrase, pass key and the rest of them unlike Bank that someone can just penetrate without Bank sending you an OTP.
The most painful thing with the banks is that, imagine a person with his own money; if he/she has an issue with the bank now and he/she is in need of emergency money, and they go directly to the bank. Instead of them considering the people as customers, they won’t; they will even be doing something that can provoke a customer again. Honestly, saving money in exchange is very accessible, which can even give you peace of mind since it is controlled by no one else.