With this review, the spending limits currently applicable for customers, using an Ecobank naira MasterCard, for international spend on Point of Sale (PoS) and online channels was raised from $300 . Notable among them is Stanbic IBTC . Uniformly across all banks in Nigeria, the spending limit for international transactions on debit cards was stipulated at $500 since March 2020. International spend: Daily ATM limit of $100 and a cumulative Monthly limit of $200 (ATM, POS & Web). Earlier, Guaranty Trust Bank Plc had informed its customers of its decision to reduce the daily international spending limit on their Naira MasterCard to $300 with effect from yesterday. Visa Infinite Debit Card - Standard Chartered Nigeria GTBank Raises International Spending Limit to $200 Per Month Guaranty Trust Bank Limited (GTBank) has raised its monthly spending limit on Naira Mastercard from $100 to $200 for international POS and online transactions, GTBank disclosed in a statement forwarded to all customers on Friday 12, 2021. 13/11/2021. Nigerian banks are sending notices to customers about a reduction in the spending limits for their naira denominated debit cards used for paying for transactions abroad.Most of the messages relate to debit cards powered by Master Card. This means you can use your FCMB Naira Card for more foreign currency transactions either online or at any POS pay points around the world. More Banks Cut Dollar Limits On Naira Cards To $20 Monthly It said, "We have reduced the daily international spending limit on your Naira MasterCard to $300.This means that you can only spend up to $300 daily when using your GTBank Naira MasterCard for international payments via POS and online. How You Can Pay For Facebook Ads In Naira In Nigeria: A Simple Guide On ... POS - N1m. United Bank for Africa (UBA) has informed their Nigerian customers that the limit on the Naira Card has been reduced to $20/month from $100/month. The bank had in February this year, reduced the monthly spending limit to $500, from the $1,500 it was previously, due to the . . It can be used to make purchases online, pay bills, and access cash at ATMs worldwide. Help With Naira Mastercard/visacard International Spending Limit ... The new spending limit for customers, using an Ecobank naira MasterCard for international transactions on Point of Sale (PoS), and online channels was moved from $300 to $1,000 for standard card . In a notice to customers on Friday entitled: 'Review of the international spending limit on your naira MasterCard', GTBank stated, "We write to inform you of the monthly spending limit currently applicable when using your GTBank naira MasterCard for international payments via PoS and online. In a statement to its customers, Union bank stated: " Please be informed that the daily/monthly spend limit on your Naira MasterCard is now $20. Nigerian banks have been sending messages to customers that international spending limit on Naira cards has now been reduced to $20 per month. GTBank Reviews International Naira Card Transactions From $100 to $200 ...
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