Showing posts with label banks. Show all posts
Showing posts with label banks. Show all posts

Wednesday, 19 October 2016

Nigeria Banks Suspends ATM Card Usage Abroad and on International Websites





Owing to the recent ban on banks from forex trading by the CBN excepting only First Bank of Nigeria, Some banks have suspended the use of ATM card abroad and also for online payments on websites that accepts foreign currency.

Banks like Stanbic IBTC, GTB and Union bank are amongst the ones that have been confirmed to have suspended the use of ATM card abroad and online payment/POS on international websites.