₦airaland Forum

Na was o,
Why Diamond Bank de fall my hand sef.
It is not wrong to lay off staff when u think u dont need them but the issue of not paying the affected staff their severance according to labour laws is not only bad but wicked.
Other banks pay off their staff after exiting them so why is their case different. Do they belong to a different financial industry?
PMB shud treat this as a case of corruption.

CarmelloANGEL:
No sir, what it means is that if you are a regular shopper on foreign sites like Amazon, EBay etc, or you pay for Google Ads or FB ads or do any foreign online transaction, E.g send money via PayPal etc using ur Naira denominated debit/credit card (Normal ATM card) then you can't do more than $200 worth of transaction if you are an Access bank customer or $100 if GTB customer for any particular Month

It means in a Month, you cannot exceed your bank's foreign transaction limit.

So let's assume in the Month of November you've already spent $120 from ur Access bank card, then you have just $80 left for the month, so if you see a book for $100 on Amazon and wants to buy, you can't use that card again except if you wait till nxt month when you'll have another $200 to spend or you go for a book of $80 which is what you have left as ur limit for the month.

At the moment, Access is #325 to $1 and GTB #320 to $1

wow! your explanation is very clear.
thanks alot!

CarmelloANGEL:
I think you can only use Access or GTB for now, they are the 2 Banks I'm aware still allow you pay on foreign websites with your Naira MasterCard/Visa Card.

Access - $200/Month, GTB - $100/Month.

Other banks have suspended this activity

Pleas I need further clarification on this. Will I be charged $200 by access bank every month for using their Visa Naira Debit Card online?