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Nairaland Forum / Science/Technology / Phones / Banks Reducing Their International Spending Limit To $100 Is Just Ridiculous (5534 Views)
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Banks Reducing Their International Spending Limit To $100 Is Just Ridiculous by Deicide: 7:46pm On Aug 28, 2021 |
watin person wan take $100 do in just one month? at least $500 makes more sense. Abi how una see am 1 Like |
Re: Banks Reducing Their International Spending Limit To $100 Is Just Ridiculous by FreeStuffsNG: 8:03pm On Aug 28, 2021 |
Eeya... It is what we get when few folks among us want to hoard the USD to create artificial scarcity so they can resell the USD . I believe that eventually, all will soon stabilise especially as oil continue to rise and increase fx supply to the nation. 8 Likes 2 Shares |
Re: Banks Reducing Their International Spending Limit To $100 Is Just Ridiculous by ouvredeparis: 8:04pm On Aug 28, 2021 |
Even $1000 is ridiculous... Money wey no fit buy brand new iPhone 12 pro max, brand new 55 inches Samsung smart TV (2019 edition not even 2020 o), cannot buy two pairs of original Balenciaga sneaks...etc.... FG and CBN and Nigerian banks are mad and they have no one to tell them... 19 Likes 2 Shares |
Re: Banks Reducing Their International Spending Limit To $100 Is Just Ridiculous by KaluwisxPRO: 8:07pm On Aug 28, 2021 |
FreeStuffsNG: They’re talking ATM international spending limit for the common man, you’re pointing out the fraud ATM limit increase will put a stop to. What kind of slave mentality do you have? 13 Likes 1 Share |
Re: Banks Reducing Their International Spending Limit To $100 Is Just Ridiculous by Deicide: 10:36pm On Aug 28, 2021 |
I think he is referring to black market KaluwisxPRO: 1 Like 1 Share |
Re: Banks Reducing Their International Spending Limit To $100 Is Just Ridiculous by KaluwisxPRO: 10:43pm On Aug 28, 2021 |
Deicide: But there’s no limit to what you can get on the black market, so that man should know he meant card monthly limit. 2 Likes |
Re: Banks Reducing Their International Spending Limit To $100 Is Just Ridiculous by Daniel058(m): 1:57am On Aug 29, 2021 |
Deicide:Open a domiciliary account 1 Like |
Re: Banks Reducing Their International Spending Limit To $100 Is Just Ridiculous by Khd95(m): 2:39am On Aug 29, 2021 |
ouvredeparis:comrade u need a megaphone to loud am, cos this regime is worst in every corner and sector 1 Like |
Re: Banks Reducing Their International Spending Limit To $100 Is Just Ridiculous by AdaugoChisom(f): 5:54am On Aug 29, 2021 |
Get USD prepared MasterCard, source for dollar yourself to fund it. From there, you won't face restrictions again. 5 Likes |
Re: Banks Reducing Their International Spending Limit To $100 Is Just Ridiculous by skywalker240(m): 6:58am On Aug 29, 2021 |
Useless country ��, Useless Policy 1 Like |
Re: Banks Reducing Their International Spending Limit To $100 Is Just Ridiculous by Deicide: 8:06am On Aug 29, 2021 |
Don't you get it? Dollars is expensive in the black compared to the rate you would get in the bank Daniel058: 1 Like |
Re: Banks Reducing Their International Spending Limit To $100 Is Just Ridiculous by Deicide: 8:07am On Aug 29, 2021 |
But it is more expensive. Or how are you gonna fund it with Dollars? We talking about for the common man here. AdaugoChisom: |
Re: Banks Reducing Their International Spending Limit To $100 Is Just Ridiculous by abumeinben(m): 8:34am On Aug 29, 2021 |
Frustration is when you want to pay for an item on AliExpress, which cost $98 and shipping fee is $2.50 . The payment becomes a ping pong... bouncing back and forth 11 Likes 1 Share |
Re: Banks Reducing Their International Spending Limit To $100 Is Just Ridiculous by 1zynnvn(m): 8:46am On Aug 29, 2021 |
Lol, when you get different exchange rate, guys will buy at 400 from bank and sell it at 450 for black market. We no get government or we get government wey no get sense or even know wetin them dey do. |
Re: Banks Reducing Their International Spending Limit To $100 Is Just Ridiculous by Daniel058(m): 9:31am On Aug 29, 2021 |
Deicide:that's why they have spending limit on Naira card |
Re: Banks Reducing Their International Spending Limit To $100 Is Just Ridiculous by AdaugoChisom(f): 9:31am On Aug 29, 2021 |
Deicide:then common man should know his limit of $100 |
Re: Banks Reducing Their International Spending Limit To $100 Is Just Ridiculous by GIANTPLUSHUB: 9:38am On Aug 29, 2021 |
Re: Banks Reducing Their International Spending Limit To $100 Is Just Ridiculous by thesolutions(m): 10:22am On Aug 29, 2021 |
Deicide:It is CBN and Buhari policy. CBN and Buhari has hijacked all the dollar in circulation from Nigerians. That is why they are punishing BUREAU DE CHANGE. The government has no economic plan in place. The only thing they care about is blocking all strategies developed by individuals for earning foreign currency because they are not direct beneficiary of such. 3 Likes 2 Shares |
Re: Banks Reducing Their International Spending Limit To $100 Is Just Ridiculous by THURAFTERNOON: 11:59am On Aug 29, 2021 |
This country is ded.. forget abourrit |
Re: Banks Reducing Their International Spending Limit To $100 Is Just Ridiculous by samsard(m): 12:40pm On Aug 29, 2021 |
Nigeria doesn't have unlimited forex, and so the government is trying to conserve forex for the most important things. We love to import everything and basically don't export much asides crude oil. It's even diaspora remittances that is saving our asses sef. If not, forex from crude oil alone will not be nearly enough for our insatiable appetite for foreign goods and services. |
Re: Banks Reducing Their International Spending Limit To $100 Is Just Ridiculous by Isokoboy(m): 1:26pm On Aug 29, 2021 |
A |
Re: Banks Reducing Their International Spending Limit To $100 Is Just Ridiculous by Kriely(m): 3:03pm On Aug 29, 2021 |
Re: Banks Reducing Their International Spending Limit To $100 Is Just Ridiculous by Nobody: 4:37pm On Aug 29, 2021 |
Source your fx the country is broke |
Re: Banks Reducing Their International Spending Limit To $100 Is Just Ridiculous by udemzyudex(m): 5:24pm On Aug 29, 2021 |
You don't even know what's up when traders are running to open access bank account. Access bank is the real deal now go and do your research. |
Re: Banks Reducing Their International Spending Limit To $100 Is Just Ridiculous by odysey: 5:40pm On Aug 29, 2021 |
Deicide: When there's a split or restructuring the bad policies will go for now na to bearam |
Re: Banks Reducing Their International Spending Limit To $100 Is Just Ridiculous by Deicide: 5:50pm On Aug 29, 2021 |
udemzyudex:Abeg explain |
Re: Banks Reducing Their International Spending Limit To $100 Is Just Ridiculous by KrazyDave16(m): 7:17pm On Aug 29, 2021 |
Deicide:Open a current acct with them and ask for a visa gold card (it has a $10k limit but before you open with the branch, make sure the CS knows what it fully does before they carry nonsense and give you) |
Re: Banks Reducing Their International Spending Limit To $100 Is Just Ridiculous by Deicide: 7:24pm On Aug 29, 2021 |
Haba bros you never explain anything na.............. Why is it special? what makes it different from other dollar cards? KrazyDave16: |
Re: Banks Reducing Their International Spending Limit To $100 Is Just Ridiculous by KrazyDave16(m): 7:40pm On Aug 29, 2021 |
Deicide:It is not special, only popular amongst arbitrage traders (not a secret, just people too lazy to find out these type of things) and why Access... Prolly cos people have less issues when using them for international transactions? Other banks offer visa gold cards you can try as well, just everyone thinks Access got their shii together despite their sometimes high rates. 2 Likes |
Re: Banks Reducing Their International Spending Limit To $100 Is Just Ridiculous by udemzyudex(m): 8:08pm On Aug 29, 2021 |
Deicide: Go and open access bank trader lite account, you get $1000 limit for online transaction. Request for the card and use it for online transaction. You can get more than $1000 if you're a heavy buyer. Tell your siblings/friends/wife to open same account and request for the card too. Let's assume you're able to open up to 3 account, you're own plus wife and one of your siblings. That's $3000 a month for online transaction. You fund the account and use it. Enjoy while offer last cos nothing good last in this country. |
Re: Banks Reducing Their International Spending Limit To $100 Is Just Ridiculous by Deicide: 8:33pm On Aug 29, 2021 |
udemzyudex:So what is the rate? 1$ to Naira? is it a normal bank rate or black market rate? |
Re: Banks Reducing Their International Spending Limit To $100 Is Just Ridiculous by THURAFTERNOON: 6:31am On Aug 30, 2021 |
udemzyudex: Thanks bro but How’s funding of the card done bro and also what rate do we get $$$ into the card at this moment? 1 Like |
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