Standard Chartered Bank says it will suspend international transactions on its naira visa debit card from next month.
The bank made this known in a recent statement to customers, signed by its head of deposits, debit cards and mortgages.
According to the statement, the suspension would take effect from August 1, this year.
“Kindly be informed that effective August 1, 2022, International spend on our Naira Visa Debit Card will be suspended,” the statement reads.
Standard Chartered Bank Suspends Int’l Transactions On Naira Card August 1
“International spend limit on our Standard Chartered Bank Credit Card however remains at $1,000 monthly and Foreign Currency Debit Card limits remain unchanged.
“Thank you for banking with Standard Chartered Bank. As always, we remain committed to providing you best-in-class financial solutions.”