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Standard Chartered To Suspend Naira Debit Card For international Spending From August 1st 2022

Standard Chartered To Suspend Naira Debit Card For international Spending From August 1st 2022

Standard Chartered To Suspend Naira Debit Card For international Spending From August 1st 2022

Standard Chartered To Suspend Naira Debit Card For international Spending From August 1st 2022

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International transactions on the naira visa debit card will no longer be allowed, according to Standard Chartered Bank, starting next month.

This was disclosed by the bank in a recent customer statement that was signed by the head of deposits, debit cards, and mortgages.

The statement stated that the suspension would start on August 1 of this year.

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“Kindly be informed that effective August 1, 2022, International spending on our Naira Visa Debit Card will be suspended,” the statement reads

Standard Chartered Bank To Suspend Naira Debit Card For Foreign Transactions

 

“International spend limit on our Standard Chartered Bank Credit Card however remains at $1,000 monthly and Foreign Currency Debit Card limits remain unchanged.

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“Thank you for banking with Standard Chartered Bank. As always, we remain committed to providing you best-in-class financial solutions.”


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IBEH C. JOE

Financial analyst, Entrepreneur, Blogger and Business model

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