28 C
Lagos
Tuesday, December 1, 2020
Subscribe to News360 Info by Email
Home Banking GTB announces new limit on usage of Naira card abroad

GTB announces new limit on usage of Naira card abroad

Invest In Mutual Funds Like A Hero

Guaranty Trust Bank Plc has announced a new spending limit on its Naira MasteCcard outside Nigeria.

The development is coming amid several moves on the use of debit and credit cards outside and within the country by the bank and other banks.

The new spending limit, according to GTB, affects international cash withdrawals via Automated Teller Machines and international payments via Point Of Sale and online.

The bank has pegged POS, Online and ATM cash withdrawal at $1,000 per month.
Initially, it was $300 daily.

The announcement was made by the bank via email messages to its customers on Tuesday.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

- Advertisment -

Most Popular

Buhari Asks Nigerians To ‘Embrace Gas As Alternative To Fuel’

President Muhammadu Buhari has asked Nigerians to embrace gas as an alternative to fuel in the country. The President...

Senate confirms Mahmood Yakubu as INEC Chairman

The Senate on Tuesday confirmed the appointment of Prof. Mahmood Yakubu, as Chairman of the Independent National Electoral Commission for the second...

Senate to Buhari: Sack military service chiefs now

The Nigerian Senate has asked President Muhammadu Buhari to sack the Service Chiefs and supplant them with individuals with new thoughts and...

Nigerian traders in Ghana raise alarm over fresh closure of shops

The National Association of Nigerian Traders has approached the Federal Government to make a critical move as Ghanaian specialists set out on...

Recent Comments