International Spending Limit On Naira Mastercard, Customers received an email from Recently, First Bank of Nigeria staed that its customers would not be able to use its Naira Mastercard, Naira Credit Cards, virtual cards and Visa Discover the top naira cards for international transactions in Nigeria, comparing limits, fees, and reliability to help you make informed financial decisions. GTBank said: “We are pleased to inform you A Limit That Makes Sense It gets more interesting; If you have a Gold, Platinum, or World Mastercard from UBA, you can spend up to $1,000 . One of the banks in a statement issued to its customers, titled ‘Important update on your Naira card for international spending’ reads: “Dear The development comes about three years after many banks suspended international transactions on naira debit cards as drop in dollar A Limit That Makes Sense It gets more interesting; If you have a Gold, Platinum, or World Mastercard from UBA, you can spend up to $1,000 In emailed note to customers, FirstBank said its Naira Mastercard can now be used for international transactions. This limit includes ATM GTBank has announced a quarterly international spending limit of $1,000 for its Naira card users. Due to current market realities on foreign exchange, we’ve reviewed The Guaranty Trust Bank also sent a mail on downward review of international spending limit on naira master card to its customers. However, GTBank initially matched this limit but later increased it to $4,000 quarterly, giving GTBank, in a message to customers, explained that its Naira card now has a quarterly international spending limit of $1,000, enabling “you to pay Several Nigerian commercial banks have resumed international transactions on Naira-denominated debit cards, allowing customers to once According to the bank, the $1,000 limit covers all international spending, including online payments, point-of-sale (POS) transactions abroad, GTBank has now re-enabled international usage for its Naira Mastercard, informing customers via email that they can spend up to $1,000 per quarter globally. It added that customers now have $1,000 quarterly international spending limit on its naira cards. The banks gradually reduced their monthly international spending limit on naira cards from $100/$120 to $50/$20. $500 limit . “We’ve reviewed Nairaland Forum / Nairaland / General / Business / First Bank, UBA, Others Cut Offshore Spending Limit On Naira Card To $100 (1039 Views) CBN Imposes Limit On Banks’ Foreign The GTBank Naira MasterCard is a Naira denominated debit card issued in partnership with MasterCard Worldwide.
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