Nigeria: Standard Chartered Bank Suspends Int’l Transactions on Naira Debit Card

International transactions on Naira visa debit cards will be suspended from August 1, Standard Chartered Bank has said.

The bank said this via a statement sent to its customers.

According to the statement, the suspension would take effect from August 1, 2022.

“Kindly be informed that effective August 1, 2022, International spending on our Naira Visa Debit Card will be suspended,” the statement reads

“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.”