Recover What Your Bank Owes You
MajorGBN conducts forensic audits of corporate bank accounts to identify and recover illegitimate charges — excess interest, COT, and LC deductions — based on the CBN Guide to Bank Charges and the BOFIA Act.
No Recovery. No Fee.
Our forensic team works on a 30% success fee — charged only on what we recover for you. Zero upfront cost.
Scope of Recovery
Banks Overcharge. We Prove It. We Recover It.
Nigerian banks routinely apply charges that exceed CBN-approved rates. Most corporate clients never notice. Our forensic team specialises in identifying every naira of illegitimate deduction across your full banking history.
- Excess interest charges above CBN approved rates
- Unauthorised COT (Commission on Turnover) deductions
- Inflated Letter of Credit (LC) charges
- Unlawful account maintenance fees
- Excess tenured loan interest overcharges
- Duplicate or phantom transaction charges
CBN & BOFIA Compliant
All analyses are benchmarked against the Central Bank of Nigeria Guide to Bank Charges and BOFIA Act.
NDPA 2023 Protected
Your financial data is handled under strict Nigeria Data Protection Act 2023 and a mutual NDA.
Zero-Risk Partnership
We only earn when you recover. Our 30% success fee is charged exclusively on the amount recovered.
Interactive Tool
How much could you recover?
Select your annual turnover band to see your estimated recovery potential, based on historical audit outcomes against CBN benchmarks.
Recovery Estimator
Based on CBN audit benchmarks and historical recovery data
Select the band that best reflects your organisation's annual turnover.
Select a turnover band to see your estimated recovery potential.
AI Pre-Screening Analysis
Describe your banking situation — our AI identifies potential overcharges instantly
All pre-screen submissions are confidential and protected under NDA. No data is shared with third parties.
How long has your company maintained corporate bank accounts?
CBN Rate Compliance Checker
Instantly compare your bank's charges against CBN-approved ceilings
Select a charge type to check if your bank is compliant.
Track Record
Recent Recovery Cases
Anonymised summaries of completed forensic audit engagements. All figures represent funds recovered and credited back to clients.
₦1.2B annual turnover · 2 banks audited
A Lagos-based industrial manufacturer had maintained two banking relationships for 7 years. Our forensic team identified COT applied at 0.45% — four times the CBN approved rate of 0.1%. Combined with overdraft interest exceeding the MPR+7% ceiling, the total recovery exceeded ₦31M across both banks.
₦450M annual turnover · 1 bank audited
An Abuja-based FMCG distributor with significant import activity was charged LC confirmation fees of up to 3% per quarter — double the CBN maximum of 1.5%. Additionally, SWIFT transfer fees above the $25 flat cap were charged on 94 separate transactions over 4 years, yielding a combined recovery of ₦8.7M.
₦680M annual turnover · 3 banks audited
A Port Harcourt construction group had three banking relationships involving term loans and contract financing. Our analysis revealed interest rates on two facilities that exceeded the agreed spread over MPR, compounded over 5 years. Facility annual review fees were charged at ₦150,000 per facility versus the CBN cap of ₦10,000.
₦2.1B annual turnover · 4 banks audited
A multi-state private healthcare group with four banking relationships and high transaction volumes. COT charges were consistently applied above CBN rates across all accounts. Credit risk premiums exceeding the 2% p.a. cap were applied on two facilities. This engagement produced the largest single recovery in our portfolio to date.
Our Process
Six Steps from Complaint to Recovery
A structured, transparent process — from initial engagement to funds arriving in your account.
Engagement & Authorisation
We execute a mutual NDA and Letter of Engagement. You issue a Letter of Authority authorising us to act as your financial recovery agents.
Document Collection
You securely provide bank statements, facility letters, and charge schedules. Our team sets up an encrypted data room for all materials.
Forensic Analysis
Our forensic accountants run a line-by-line audit against the CBN Guide to Bank Charges and BOFIA Act schedules to identify all overcharges.
Findings Report
We produce a detailed Forensic Findings Report quantifying all identified excess charges with documentary evidence for each claim.
Bank Engagement
We formally present findings to the bank and negotiate recovery on your behalf, escalating to the CBN Consumer Protection Department where necessary.
Recovery & Settlement
Recovered funds are credited directly to your corporate account. Our 30% success fee is invoiced exclusively on the recovered amount.
Average end-to-end timeline: 4 – 16 weeks, depending on turnover band, number of banks, and statement availability. We keep you informed at every step.
Common Questions
Frequently Asked Questions
Free Guide: The Corporate Treasurer's Handbook
10 Signs Your Bank Is Overcharging You — and what to do about it. Written for Nigerian CFOs, treasurers, and finance directors.
- How to read your bank's charge schedule against CBN rates
- The 6 charge types most commonly applied above CBN limits
- How to calculate your potential recovery exposure in 10 minutes
- The exact CBN complaint process — step by step
- What to say to your relationship manager (and what not to say)
Get the Free Guide
No spam. One email with the guide. Unsubscribe any time.
Your data is protected under NDPA 2023. We never share or sell contact information.
Secure Portal
Lodge Your Forensic Audit Complaint
Complete the secure intake form below. A forensic specialist will contact you within 24 business hours to confirm receipt and schedule your engagement call.
Lodge a Forensic Audit Complaint
End-to-end encrypted · NDPA 2023 compliant · NDA protected
Prefer to speak first? Email: forensics@majormaestro.com · All initial consultations are strictly confidential and free of charge.