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Suspension Of International Transaction On Debit/credit Card. - Business - Nairaland

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Suspension Of International Transaction On Debit/credit Card. by 20dollars(m): 5:54pm On May 18, 2016
Note that your naira debit/credit card no longer working abroad for foreign currency also for international purchase on web . Your card is as good as useless now in abroad .
I hope this things get better soon in Nigeria .
I chatted with uba CFC they also said the same .

1 Like 2 Shares

Re: Suspension Of International Transaction On Debit/credit Card. by tempest01(m): 5:56pm On May 18, 2016
Which kind wahala be this na...

Make zenith bank no follow try am oh....I don die for here be that

7 Likes 1 Share

Re: Suspension Of International Transaction On Debit/credit Card. by Nobody: 6:49pm On May 18, 2016
You make it seem like its everybody. It's only diamond bank.

My own naira debit card is working. Infact I just made a payment now to confirm. My other bank said only Benin Republic but verve will work but foreign usd, naira card still working perfectly.

5 Likes

Re: Suspension Of International Transaction On Debit/credit Card. by 20dollars(m): 6:58pm On May 18, 2016
@ coolsix All commercial banks are under the directives from the central banks. My bank updated me earlier that does not says your bank will not join also.. just wait i have 4 accounts including uba and uba did not send any official mail to inform me but i chatted with them today and the lady told me same thing .. just wait till it is spread.
this information is for those in Diaspora that base mostly on the naira card for withdrawal.

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Re: Suspension Of International Transaction On Debit/credit Card. by sonnie10: 7:26pm On May 18, 2016
Then, you will need someone abroad to help you make payments. That seem to be the only option now.
Re: Suspension Of International Transaction On Debit/credit Card. by Infinitikoncept(m): 7:57pm On May 18, 2016
By the time e go clear for naija eyes ehn, we'll stone pmb pure water on democracy day to return our votes

36 Likes 3 Shares

Re: Suspension Of International Transaction On Debit/credit Card. by Nobody: 8:42pm On May 18, 2016
20dollars:
@ coolsix All commercial banks are under the directives from the central banks. My bank updated me earlier that does not says your bank will not join also.. just wait i have 4 accounts including uba and uba did not send any official mail to inform me but i chatted with them today and the lady told me same thing .. just wait till it is spread.
this information is for those in Diaspora that base mostly on the naira card for withdrawal.

Lol

That is the mistake you guys are making. CBN DID NOT GIVE ANY DIRECTIVE THAT SAYS BANKS SHOULD RESTRICT CUSTOMER CARDS! The banks are acting on their own discretion or their own forex issues not CBN. My own bank sent me a mail just a few days ago(about 3 days) telling me that my monthly spending limit for USD on my naira card has INCREASED! If the bank has plan to join this restriction, i doubt that it would have sent its customers that email.

P.s i just finished with my bank phone customer care and they said they do not have plans to restrict! smiley

22 Likes

Re: Suspension Of International Transaction On Debit/credit Card. by YoursGEJ(m): 6:52am On May 19, 2016
This is completely illegal. I'm spending my money not their own so who are they to tell me that I cannot use my own money?

The thunder wey go fire diamond bank dey chop 8 wraps of fufu for iya basira canteen. Them go gather for me and my bank manager today angry

10 Likes 1 Share

Re: Suspension Of International Transaction On Debit/credit Card. by Nobody: 6:53am On May 19, 2016
Oho ke
Re: Suspension Of International Transaction On Debit/credit Card. by Rowlandjude(m): 6:54am On May 19, 2016
Pls some one should help me, am seriously in need now
Please I dont know what to type here.

1 Like 1 Share

Re: Suspension Of International Transaction On Debit/credit Card. by VocalWalls: 6:54am On May 19, 2016
Okpari.

undecided

Who cares?

My watch is already ended. angry

1 Like

Re: Suspension Of International Transaction On Debit/credit Card. by david22uu(m): 6:54am On May 19, 2016
coolsix:


Lol

That is the mistake you guys are making. CBN DID NOT GIVE ANY DIRECTIVE THAT SAYS BANKS SHOULD RESTRICT CUSTOMER CARDS! The banks are acting on their own discretion or their own forex issues not CBN. My own bank sent me a mail just a few days ago(about 3 days) telling me that my monthly spending limit for USD on my naira card has INCREASED! If the bank has plan to join this restriction, i doubt that it would have sent its customers that email.

P.s i just finished with my bank phone customer care and they said they do not have plans to restrict! smiley

which bank u dey use abeg

2 Likes

Re: Suspension Of International Transaction On Debit/credit Card. by david22uu(m): 6:55am On May 19, 2016
Rowlandjude:
H
YoursGEJ:
.

space bookers association
Re: Suspension Of International Transaction On Debit/credit Card. by raker300: 6:55am On May 19, 2016
The cbn policies is hurting the banks and the customers at the end.

But buhari doesn't seem to care. According to him, he says "tough luck"

11 Likes 1 Share

Re: Suspension Of International Transaction On Debit/credit Card. by gbaskiboy(m): 6:56am On May 19, 2016
Team local banking where are you. It doesn't affect us grin

2 Likes 1 Share

Re: Suspension Of International Transaction On Debit/credit Card. by sanusidabo: 6:56am On May 19, 2016
May Allah bless Diamond Bank Plc for their foresight and the rational decision.

1 Like

Re: Suspension Of International Transaction On Debit/credit Card. by Hengineer: 6:56am On May 19, 2016
GTB sent a mail last week that monthly international spending allowance on my mastercard has increased. Now Diamond bans international spend?.. hmmm.

1 Like

Re: Suspension Of International Transaction On Debit/credit Card. by Suntemi(m): 6:57am On May 19, 2016
As long as it's not Stanbic, ain't gat no worry

5 Likes

Re: Suspension Of International Transaction On Debit/credit Card. by modath(f): 6:57am On May 19, 2016
Infinitikoncept:
By the time e go clear for naija eyes ehn, we'll stone pmb pure water on democracy day to return our votes


Seriously? Where is the forex? Stone qua? smiley

The choice is between giving Manufacturers for raw materials & machineries which will save jobs or our individual & personal uses.

I believe CBN chose the option that will benefit the economy more.

http://www.thisdaylive.com/index.php/2016/05/16/man-commends-cbn-for-forex-allocation-to-members/

2 Likes 2 Shares

Re: Suspension Of International Transaction On Debit/credit Card. by Nobody: 6:57am On May 19, 2016
I guess there's not enough FOREX to fund your payments.

2 Likes

Re: Suspension Of International Transaction On Debit/credit Card. by Rowlandjude(m): 6:57am On May 19, 2016
david22uu:


space bookers association
so as u mention me now who the post epp
Re: Suspension Of International Transaction On Debit/credit Card. by raker300: 6:57am On May 19, 2016
YoursGEJ:
This is completely illegal. I'm spending my money not their own so who are they to tell me that I cannot use my own money?
not there fault, It's the cbn policies. Other banks will soon follow suit

2 Likes

Re: Suspension Of International Transaction On Debit/credit Card. by Pavore9: 6:57am On May 19, 2016
So sad.

2 Likes

Re: Suspension Of International Transaction On Debit/credit Card. by GudluckIBB(m): 6:58am On May 19, 2016
Diamond bank have been having issues, even their GDR has been cancelled bfore now,but zenith and GTB's own still works

It might be a DIAMOND BANK ISSUE

2 Likes

Re: Suspension Of International Transaction On Debit/credit Card. by YoursGEJ(m): 6:58am On May 19, 2016
raker300:
not there fault, It's the cbn policies. Other banks will soon follow suit

But technically, if I want to spend dollar abroad and don't care about the exchange rate, shouldn't I be able to do so?
Re: Suspension Of International Transaction On Debit/credit Card. by benjamin007: 6:58am On May 19, 2016
Space booked

Re: Suspension Of International Transaction On Debit/credit Card. by Pidggin(f): 6:59am On May 19, 2016
This is serious, more woes for people

3 Likes

Re: Suspension Of International Transaction On Debit/credit Card. by david22uu(m): 6:59am On May 19, 2016
Rowlandjude:
so as u mention me now who the post epp

I dey campaigning for you to be the president of the association... abi u no wan dey chop subsidy
Re: Suspension Of International Transaction On Debit/credit Card. by tinsel: 7:00am On May 19, 2016
This is a diamond bank situation. GT just increased monthly limit on mastercards and visa cards withdrawal abroad. Zenith also cancelled use of there cards in North Korea only.

1 Like

Re: Suspension Of International Transaction On Debit/credit Card. by goodlifehyd1: 7:00am On May 19, 2016
coolsix:
You make it seem like its everybody. It's only diamond bank.

My own naira debit card is working. Infact I just made a payment now to confirm. My other bank said only Benin Republic but verve will work but foreign usd, naira card still working perfectly.
Used my Skye bank Debit card last night and it's working perfectly, but the exchange rate was pretty messy

tinsel:
This is a diamond bank situation. GT just increased monthly limit on mastercards and visa cards withdrawal abroad. Zenith also cancelled use of there cards in North Korea only.
Exactly I got the same message from GT but some people are trying to make us believe all banks stopped the use of Naira debit cards outta the country. But GTB's exchange rate can give someone heart attack... Whenever I am using my GTB card I don't go to the Machine with my phone cuz that email alert alone go turn person to mathematician

3 Likes 1 Share

Re: Suspension Of International Transaction On Debit/credit Card. by Nobody: 7:00am On May 19, 2016
raker300:
The cbn policies is hurting the banks and the customers at the end.

But buhari doesn't seem to care. According to him, he says "tough luck"

And I support him wholeheartedly.

4 Likes 1 Share

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