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
ALSO, READ CBN’s RT 200 Has Generated $600 Million In 6 Months
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.
ALSO, CHECK eNaira is a disadvantage to banks – Says CBN Governor
“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.
ALSO, READ ISI Closes $100m Equity Investment From Gallatin Point
“Thank you for banking with Standard Chartered Bank. As always, we remain committed to providing you best-in-class financial solutions.”
AllInsuranceHUB is a blog for everyone who seeks an informative, educative, and knowledged based online insurance and investment community. We share Top-notch investment tips, finance news, insurance policy details and much more. You can read and share thoughts, ideas, and opinions on the finance market and get real-time updates from around the globe.
I Am a financial analyst, Economist, Entrepreneur, Blogger and Businessman. With 10 years of Consultancy Experience in Finance, Management and Insurance. I write on finance tips, news, journals and how to article that will aid your decision in making the right investments and insurance policies for your personal and business financial security.
