Diamond Bank SUSPENDS INTERNATIONAL CARD USAGE FROM 13/10/2016

UBN SUSPENDS INTERNATIONAL CARD USAGE FROM 13/10/2016

GTB SUSPENDS INTERNATIONAL ATM CARD USAGE FROM 14/10/2016

Access Bank SUSPENDS INTERNATIONAL CARD USAGE FROM 14/10/2016

Ecobank SUSPENDS INTERNATIONAL CARD USAGE FROM 14/10/2016

UBA SUSPENDS INTERNATIONAL CARD USAGE FROM 15/10/2016

Stanbic SUSPENDS INTERNATIONAL CARD USAGE FROM 18/10/2016

I saw this disturbing news on: Abokifx.com.

NB: When I chatted with my bank (name withheld), they said the decision wasn’t from CBN, but it was necessitated by economic realities. Cards can still be used for online purchases and funding, but the limits are severe and ridiculous. Please check with your bank.

Gone are the days when you could spend up to 50,000 USD per annum online. Things might improve in future and limits could be raised.

They’re fighting corruption, but they’re also ruining legitimate businesses. This is one of the major reasons why private companies are collapsing.

This is a time of change indeed!

Neteller here: www.ituglobalfx.com.ng