Home News Finance Zenith Bank suspends use of Naira cards on ATMs abroad
Finance

Zenith Bank suspends use of Naira cards on ATMs abroad

Share
Zenith Bank
Zenith Bank
Share

Zenith Bank Plc has announced that it will temporarily suspend the use of its Naira cards for International Automated Teller Machine (ATM) cash withdrawals and POS transactions.

The bank made this announcement in a notice sent to its customers on Wednesday.

“Please be informed that we have temporarily suspended the use of Zenith Bank Naira cards for International Automated Teller Machine (ATM) cash withdrawals and POS transactions,” the notice reads. 

Furthermore, It also announced the reduction of the international spending limit on its naira cards to $20.

“Additionally, the monthly card International spend limit for web transactions has been reviewed from US$100 to US$20. 

“This review is in response to today’s economic realities.

“If you have higher International spend requirements, visit any of our branches and request for a foreign currency debit or prepaid card, which are available in US Dollar, Pounds and Euro variants,” the notice added.

Share
Related News
NIBSS
Finance

NIBSS Completes Nigeria’s First Live Transaction on National Payment Stack

The Nigeria Inter-Bank Settlement System Plc (NIBSS) has confirmed the successful completion...

President Bola Ahmed Tinubu
Finance

Nigeria Poised to Lead AfCFTA Integration, Tinubu Declares at Lagos Trade Fair

President Bola Tinubu has reaffirmed Nigeria’s commitment to taking a leadership role...

Finance

NPA Pushes For Regional Maritime Integration To Boost Port Efficiency

The Nigerian Ports Authority (NPA) has called for deeper regional integration among...

Finance

NSDC Launches Programme To Integrate Outgrower Farmers Into Sugar Supply Chain

The National Sugar Development Council (NSDC) has unveiled the Sugarcane Outgrower Development...