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Nairaland Forum / Nairaland / General / Business / Banks Stop Cash Withdrawal From Overseas Atms (19719 Views)
Why Central Bank Of Nigeria Barred Bank Executives From Overseas Trips / CBN Increases Cash Withdrawal Limit To ₦500,000 Weekly / Nigerian Banks Stop ATM Cash Withdrawal Abroad (2) (3) (4)
Banks Stop Cash Withdrawal From Overseas Atms by Islie: 3:13am On Jul 09, 2018 |
Posted By: Collins Nweze http://thenationonlineng.net/banks-stop-cash-withdrawal-from-overseas-atms/ 3 Likes 2 Shares
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Re: Banks Stop Cash Withdrawal From Overseas Atms by MANNABBQGRILLS: 3:26am On Jul 09, 2018 |
Banks have suspended all cash withdrawals from overseas Automated Teller Machines (ATMs), except for customers whose cards are linked to domiciliary accounts funded locally, The Nation has learnt. Fair enough. 11 Likes 3 Shares |
Re: Banks Stop Cash Withdrawal From Overseas Atms by dingbang(m): 5:02am On Jul 09, 2018 |
Re: Banks Stop Cash Withdrawal From Overseas Atms by Nukilia: 5:18am On Jul 09, 2018 |
Inconsistencies in banking policies! 10 Likes |
Re: Banks Stop Cash Withdrawal From Overseas Atms by dingbang(m): 5:36am On Jul 09, 2018 |
Nukilia:this happens when you have an incompetent CBN governor 31 Likes |
Re: Banks Stop Cash Withdrawal From Overseas Atms by labusinessguide: 7:13am On Jul 09, 2018 |
well....interesting |
Re: Banks Stop Cash Withdrawal From Overseas Atms by dre11(m): 10:28am On Jul 09, 2018 |
cc lalasticlala.......... cashless policy on the go...... |
Re: Banks Stop Cash Withdrawal From Overseas Atms by Abbeyme: 10:47am On Jul 09, 2018 |
abi |
Re: Banks Stop Cash Withdrawal From Overseas Atms by hardywaltz(m): 10:48am On Jul 09, 2018 |
Why would any rite thinking person want to use his/her Naira ATM card abroad. The amount of charges and higher than black market exchange rate (N365/$) u will receive as debit should be enuff to discourage u. Simply get a prefunded Atm card and buy dollars at N 360/$ and loaf the card. U are good to go 8 Likes 1 Share |
Re: Banks Stop Cash Withdrawal From Overseas Atms by 3millionia: 10:48am On Jul 09, 2018 |
Buahari why ?? 1 Like |
Re: Banks Stop Cash Withdrawal From Overseas Atms by celestialAgent(m): 10:48am On Jul 09, 2018 |
GTB cards has stopped working on outbound ATM since late 2016, so it's not new. First bank has been the most reliable in the past few months, with no message of blockage from them yet, I believe this news does not apply to all banks. If it however does, don't get cut off. Simply get a Bitcoin prepaid card and forget the useless/unstable banks... 9 Likes |
Re: Banks Stop Cash Withdrawal From Overseas Atms by shammahyaro(f): 10:49am On Jul 09, 2018 |
Re: Banks Stop Cash Withdrawal From Overseas Atms by Butterflyleo: 10:49am On Jul 09, 2018 |
dingbang: Did you even understand the article at all? Some of you just do rinse and repeat all day everyday. The article was written in English and not in braille. 28 Likes 1 Share |
Re: Banks Stop Cash Withdrawal From Overseas Atms by WebSurfer(m): 10:50am On Jul 09, 2018 |
What nonsense 2 Likes |
Re: Banks Stop Cash Withdrawal From Overseas Atms by seyiojomu(m): 10:50am On Jul 09, 2018 |
How exactly do they want us to be liquid financially when we are outside the country? They should give us clarity on how they wants us to have money with us at the cheapest means available as soon as possible abeg. 2 Likes |
Re: Banks Stop Cash Withdrawal From Overseas Atms by lonelydora: 10:51am On Jul 09, 2018 |
Okay ooo |
Re: Banks Stop Cash Withdrawal From Overseas Atms by Houseofglam7(f): 10:51am On Jul 09, 2018 |
The barbecue dude up there...... Who did this to You 8 Likes |
Re: Banks Stop Cash Withdrawal From Overseas Atms by Riversides2003(m): 10:52am On Jul 09, 2018 |
A |
Re: Banks Stop Cash Withdrawal From Overseas Atms by erico2k2(m): 10:52am On Jul 09, 2018 |
post=69204865:how is this fair. imagine $5k in a whole month 1 Like |
Re: Banks Stop Cash Withdrawal From Overseas Atms by Offpoint: 10:52am On Jul 09, 2018 |
The first to comment on this thread is the most jobless human on this forum. He/she spend more time on this forum than all the moderators combined. literally comment on every thread, every section. even the most less active section of Nairaland. No wonder I heard rumors he/she served her customers bb poison... that's if there's any customer in the first place. He/her joblessness is non of my business, but worse part of it is... supporting one certain president. if for any reasons my child is this jobless, I'll disown him on earth and deny him in heaven or afterlife. 10 Likes |
Re: Banks Stop Cash Withdrawal From Overseas Atms by Riversides2003(m): 10:52am On Jul 09, 2018 |
They are all confused people 1 Like |
Re: Banks Stop Cash Withdrawal From Overseas Atms by tofolo(m): 10:53am On Jul 09, 2018 |
Butterflyleo:Thats if they even know what Braille means.... 5 Likes 1 Share |
Re: Banks Stop Cash Withdrawal From Overseas Atms by GavelSlam: 10:54am On Jul 09, 2018 |
seyiojomu: They said you should open a domiciliary account with them rather than use your local currency account. They've also raised your spending limit to 3000 dollars a month from the previous 1000 dollars. 2 Likes |
Re: Banks Stop Cash Withdrawal From Overseas Atms by erico2k2(m): 10:54am On Jul 09, 2018 |
dingbang:yes very silly groups of bankers taking advantage of a dire situation, Why should I be regulated on how much of my own money I can withdraw abroad even though it was deposited is said currency! 2 Likes |
Re: Banks Stop Cash Withdrawal From Overseas Atms by celestialAgent(m): 10:56am On Jul 09, 2018 |
GavelSlam:And exactly how do they expect one to fund the domiciary account if not to 'buy expensive dollar from Aboki and bring it to the bank to fund the domiciary account'. How is that reasonable/beneficiary to the common citizens? If this should be true, then anticipate heavy naira crash in the next few months, since they would have given power of dominance back to the black market - remember what happened the last time they attempted this before CBN started injection of funds into forex market to frustrate the black market... 3 Likes |
Re: Banks Stop Cash Withdrawal From Overseas Atms by tempest01(m): 10:58am On Jul 09, 2018 |
feeding the black market here 2 Likes |
Re: Banks Stop Cash Withdrawal From Overseas Atms by Butterflyleo: 10:59am On Jul 09, 2018 |
tofolo: All these online ants trying to deceive that they are crocodiles. How can someone read such an uplifting and positive article that points at economic growth and stability or even growth of of our naira and still say "this happens when you have an incompetent CBN governor". I mean how do these guys even reason? The very opening of the article reads and I quote Banks have suspended all cash withdrawals from overseas Automated Teller Machines (ATMs), except for customers whose cards are linked to domiciliary accounts funded locally, The Nation has learnt. That was right at the beginning of the article. HOW ANYONE COULD MISS THAT IS ABSOLUTELY AMAZING. Despite these limitations and pleas to travellers they still went ahead to increase spending limits and someone cannot understand this? 6 Likes 1 Share |
Re: Banks Stop Cash Withdrawal From Overseas Atms by GavelSlam: 11:06am On Jul 09, 2018 |
erico2k2: You deposited Naira, right? They can limit you on the forex you wish to get from the banks. Put dollar in and receive dollar. 2 Likes |
Re: Banks Stop Cash Withdrawal From Overseas Atms by tofolo(m): 11:11am On Jul 09, 2018 |
You know some people just want to comment any how without understanding the content of the post. Butterflyleo: 1 Like 1 Share |
Re: Banks Stop Cash Withdrawal From Overseas Atms by Nobody: 11:20am On Jul 09, 2018 |
Butterflyleo: You're a total idiot. What benefit do the banks add to your life when they 'increase' spending limits on dollars sourced by yourself? 2 Likes |
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