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GTB Suspends International Transaction On Naira Cards - Business (5) - Nairaland

Nairaland Forum / Nairaland / General / Business / GTB Suspends International Transaction On Naira Cards (30335 Views)

Zenith Bank Suspends International Transactions On Naira Cards / First Bank Suspends International Transactions On Naira Cards From September 30 / Zenith Bank Suspends International ATM Withdrawals/POS Payments (2) (3) (4)

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Re: GTB Suspends International Transaction On Naira Cards by Deltavariant(m): 10:45pm On Dec 30, 2022
Roboto11:


You can't order if you are not enriching the Naira.

Abi who suppose dey bring dollar for you?
Valid question, the honest truth is even though our policy makers and politicians are too inept, we have to come to a logical conclusion that our insiable appetite for anything foreign(products, services, education, health care,tourism, investment, pilgrimage....) coupled with our poor export driven economy is the main reason for these inadequate FX.

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Re: GTB Suspends International Transaction On Naira Cards by Roboto11: 10:47pm On Dec 30, 2022
Deltavariant:
Valid question, the honest truth is even though our policy makers and politicians are too inept, we have to come to a logical conclusion that our insiable appetite for anything foreign(products, services, education, health care,tourism, investment, pilgrimage....) coupled with our poor export driven economy is the main reason for these inadequate FX.

We have to change our mentality as a people.

Our idea of wealth creation should be export driven.
Re: GTB Suspends International Transaction On Naira Cards by WelcomeToBiafra: 10:49pm On Dec 30, 2022
Very good, I pray let there be Biafra Dollar & Oduduwa Dollar and Central Bank of Biafra & Oduduwa next year.

Re: GTB Suspends International Transaction On Naira Cards by erniok(m): 10:51pm On Dec 30, 2022
Roboto11:


We have to change our mentality as a people.

Our idea of wealth creation should be export driven.
And how do you propose that to work without stable electricity and sound monetary policy. The CBN gov is just clueless on how to really drive the economy unlike Sanusi.

1 Like

Re: GTB Suspends International Transaction On Naira Cards by Roboto11: 10:54pm On Dec 30, 2022
erniok:

And how do you propose that to work without stable electricity and sound monetary policy. The CBN gov is just clueless on how to really drive the economy unlike Sanusi.
Every CBN governor, president, minister, legislator is bereft of ideas.

Only the citizens are wise.
Re: GTB Suspends International Transaction On Naira Cards by yahoodetector: 11:02pm On Dec 30, 2022
BloomingDale:


I’m not going to lie, it’s really shocking. A whole CBN. It’s unbelievable.

Did you just say "A whole CBN?" Like it's angels working there?? grin

They used that eNaira to steal from unsuspecting Nigerians.

It was a parody arrangement which I was definitely aware would happen from it's inception.
Re: GTB Suspends International Transaction On Naira Cards by priceless20(f): 11:05pm On Dec 30, 2022
gr8child:
When last was anyone able to use the Naira Card to pay for any international transaction?
I ordered 3 items from AliExpress on the 27th of this month. I've not been able to order since then, used GTB master card

Re: GTB Suspends International Transaction On Naira Cards by iamsolasoul(f): 11:43pm On Dec 30, 2022
Stevosty:
Are you saying Nigeria or the nearest gadgets store produces these speakers?
he has a point but the pricing factor is what drives people to buy international. I am up for stimulus for local business and products but for the genuine ones not the ones masquerading and using products to endanger lives

You buy Powerbank in a year in swells up it’s either we make quality or we don’t make at all

You will see a device that’s priced high here but fairly affordable online. Shipping is no longer to the door they want you to come to the office anyway so it’s even great to buy local sometimes. Everyone can make money there is enough space it’s not one or the other. Without a foreign bank you can’t do business internationally forget dom card that you will sign and never see physically lol scam

Shops should please allow for transfers the less cash one uses to avoid scam the better. The old money na that one sure pass USD and pounds is the future.

Contact me for Cruises Worldwide like big boys and big girls that you are. No more penny punchers. We should be aiming to open up our ports for tourism or cruising. Other people embraced ideas.

Do you know the new Mastercard and Visa cards don’t have numbers or a name anymore and some banks automatically add a card when you sign up. But you can only sign up abroad. These extra things are seen as added cost here but are the deciding factor in other countries. It’s time to embrace digital but not the scammer type.
Re: GTB Suspends International Transaction On Naira Cards by Fragility6: 11:55pm On Dec 30, 2022
Roboto11:


You can't order if you are not enriching the Naira.

Abi who suppose dey bring dollar for you?
When you close border,kill exports with tariffs,ban crytpo,frustrate forex, u expect somebody from heaven to print dollar for u. By blocking and limiting card transactions, dollar go automatical dey available?

2 Likes

Re: GTB Suspends International Transaction On Naira Cards by Roboto11: 11:57pm On Dec 30, 2022
Fragility6:

When you close border,kill imports,ban crytpo,frustrate forex, u expect somebody from heaven to print dollar for u. By blocking and limiting card transactions, dollar go automatical dey available?

You mean imports bring forex?

grin
Re: GTB Suspends International Transaction On Naira Cards by iamsolasoul(f): 11:58pm On Dec 30, 2022
Roboto11:


You mean imports bring forex?

grin

Having something other than oil helps the land we have is enough for at least a major theme park

But who wants to build what you will burn when you get upset again

First allow another man make money then you will make money

1 Like

Re: GTB Suspends International Transaction On Naira Cards by Fragility6: 11:59pm On Dec 30, 2022
Roboto11:


You mean imports bring forex?

grin
Ignore the rest but pick the only mistake there since u no get ur own sense

1 Like

Re: GTB Suspends International Transaction On Naira Cards by Roboto11: 12:00am On Dec 31, 2022
iamsolasoul:


Having something other than oil helps

Importation doesn't bring forex.

It needs forex and so makes the dollar for instance more expensive.
Re: GTB Suspends International Transaction On Naira Cards by Roboto11: 12:00am On Dec 31, 2022
Fragility6:

Ignore the rest but pick the only mistake there since u no get ur own sense

I can't ignore it when it is evident you don't know what you are talking about.
Re: GTB Suspends International Transaction On Naira Cards by iamsolasoul(f): 12:02am On Dec 31, 2022
Roboto11:


Importation doesn't bring forex.

It needs forex and so makes the dollar for instance more expensive.

That’s for those importing to sell in large quantities. They will still sell in Naira and import more and pay high exchange rates we just have a problem remitting payments back on time maybe due to understaffing because one person wants to eat every bodies salary.

Most people will like to save that extra 10k on that iPad even if it means risking it being stolen by the post office but now you can order and ship to GiG but I recommend you ship a lot because of the high cost of delivery we are talking 15k for a dvd

Most banks abroad collect the money immediately and explain the exchange and remit immediately.

Thank God for innovation
Re: GTB Suspends International Transaction On Naira Cards by Fragility6: 12:02am On Dec 31, 2022
Roboto11:


I can't ignore it when it is evident you don't know what you are talking about.
Na ur headache. When you plan to order things online u go understand but for now focus on finding food to eat first
Re: GTB Suspends International Transaction On Naira Cards by Roboto11: 12:04am On Dec 31, 2022
iamsolasoul:


That’s for those importing to sell in large quantities. They will still sell in Naira and import more and pay high exchange rates we just have a problem remitting payments back on time maybe due to understaffing because one person wants to eat every bodies salary.

Most banks abroad collect the money immediately and explain the exchange and remit immediately

The point is , if you import more than you produce, your local currency would lose value.
Re: GTB Suspends International Transaction On Naira Cards by iamsolasoul(f): 12:06am On Dec 31, 2022
Roboto11:


The point is , if you import more than you produce, your local currency would lose value.
you are not even producing that’s the thing so allow those who do to make money

Computer village still has to import computers yes I’d love to buy and support local computer production but will my fellow citizen sell me something free of Trojan horse?

What will happen is armed robbery will rise again because people need the goods to sell if that is not the plan lol

Let them mount camera on that train and bridge o cause your computer will be in Ibadan before 5pm
Re: GTB Suspends International Transaction On Naira Cards by Roboto11: 12:07am On Dec 31, 2022
iamsolasoul:
you are not even producing that’s the thing so allow those who do to make money

Funny.
Re: GTB Suspends International Transaction On Naira Cards by iamsolasoul(f): 12:19am On Dec 31, 2022
Roboto11:


Funny.

Let me rephrase Nigeria you do not give the kind of economical climate that encourages production. The scale has to be balanced for everyone. A Global business is a Global business.
Re: GTB Suspends International Transaction On Naira Cards by hoilakes(m): 12:36am On Dec 31, 2022
Please how will this affect our daily activities? am about to buy this AirBuds 3 Powerful Bass IPX7 Waterproof TWS True Wireless Earbuds online

Re: GTB Suspends International Transaction On Naira Cards by Mamaafrik1(m): 12:50am On Dec 31, 2022
CheapHomes1:


Even the so called dollar master card isn't available in any gtbank office
Yesoooo,I Don complain taya
Re: GTB Suspends International Transaction On Naira Cards by Mamaafrik1(m): 12:58am On Dec 31, 2022
CheapHomes1:


Which one is "you must first have a Dom acct"? Was dollar master card going to operate on its own without being linked to an account? Gtbank dollar mastercard isn't available at gtbank branches
I can confirm that the dollar card is not available.
Re: GTB Suspends International Transaction On Naira Cards by Mamaafrik1(m): 1:00am On Dec 31, 2022
franugo:


Gtb dollar prepaid card is available in all branches and can be given to you instantly upon request. Normal usd ATM cards are requested from HQ and usually takes about 7 working days to get to branch.
what is the difference between the prepaid and the normal card
Re: GTB Suspends International Transaction On Naira Cards by Mamaafrik1(m): 1:02am On Dec 31, 2022
CheapHomes1:


Gtbank dollar mastercard is not available in all gtbank branches. Abi na you supply gtbank the card?
it is notooooo I went to 3 of their branches, contacted them online(email,twitter),they were just doing oriburuku
Re: GTB Suspends International Transaction On Naira Cards by Mamaafrik1(m): 1:05am On Dec 31, 2022
franugo:


Which branch told you they didn't have?
akowojo ipaja Road and idimu road I called 5 of the customer care and used their online twitter and email.
They seem to be keeping some secret about it
Re: GTB Suspends International Transaction On Naira Cards by Mamaafrik1(m): 1:07am On Dec 31, 2022
gr8child:
When last was anyone able to use the Naira Card to pay for any international transaction?
a friend did last week
Re: GTB Suspends International Transaction On Naira Cards by edoairways: 1:43am On Dec 31, 2022
Dogalmighty17:


Zenith is the worst bank in Africa. Imagine me recieving alert for money that was paid into my account over 6 days ago today. It almost caused issue between me and my client. I initially felt like client was trying to fool me.
Zenith Bank is worse than useless.
Download mobile app to track
Re: GTB Suspends International Transaction On Naira Cards by pansophist(m): 1:53am On Dec 31, 2022
Paypal should work. But you can only spend, not withdraw. So if you load your PayPal account, you can use it for purchases online if your merchants accept PayPal.

1 Like

Re: GTB Suspends International Transaction On Naira Cards by Teejay13(m): 2:30am On Dec 31, 2022
I think earlier this year was when i noticed the restrictions of making international purchases with Naira card when I tried to pay to have my ad promoted.

So apparently this isn't new to me.
Re: GTB Suspends International Transaction On Naira Cards by weljewel: 3:36am On Dec 31, 2022
Thanks be to God Most High for the victory!

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