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Concerning The Debit Card Dollar Restrictions - Business - Nairaland

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Concerning The Debit Card Dollar Restrictions by Kingofhoes: 11:32pm On Nov 27, 2021
I don't know, If we are capped at $100 per month does it also affect making payments in aed??
Pls your answers will be greatly appreciated
Re: Concerning The Debit Card Dollar Restrictions by Adegbem01(m): 8:29am On Nov 28, 2021
Kingofhoes:
I don't know, If we are capped at $100 per month does it also affect making payments in aed??
Pls your answers will be greatly appreciated



Most banks are now capped at 200 usd, anything involving converting naira to dollar is affected
Re: Concerning The Debit Card Dollar Restrictions by Kingofhoes: 8:31am On Nov 28, 2021
Adegbem01:


Most banks are now capped at 200 usd, anything involving converting naira to dollar is affected

I mean if I am paying in dirhams(aed) and not usd. Do I have a limit??
Re: Concerning The Debit Card Dollar Restrictions by macrodata(m): 9:41am On Nov 28, 2021
Kingofhoes:


I mean if I am paying in dirhams(aed) and not usd. Do I have a limit??
Yes. There are limits to foreign payments using bank debit cards.
Re: Concerning The Debit Card Dollar Restrictions by Adegbem01(m): 10:53am On Nov 28, 2021
Kingofhoes:


I mean if I am paying in dirhams(aed) and not usd. Do I have a limit??
No idea sir, but probably yes, cos most banks will first convert to naira to usd before converting to other currency

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Re: Concerning The Debit Card Dollar Restrictions by Kingofhoes: 3:50pm On Nov 28, 2021
macrodata:
Yes. There are limits to foreign payments using bank debit cards.

Do you have any idea on the limits on prepaid cards sir??
Re: Concerning The Debit Card Dollar Restrictions by macrodata(m): 4:44pm On Nov 28, 2021
Kingofhoes:


Do you have any idea on the limits on prepaid cards sir??
most banks is equivalent to a $100.
GTB $200
FCMB $300 (apply at bank)
Zenith $125
Access $300
Access Signature $500, $1000 & $2000 options

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