Standard Chartered Bank have announced that it will suspend International transactions on its naira visa debit card from August 1, 2022.
The Bank disclosed this in a recent statement to customers signed by its head of deposits, debit cards and mortgages.
However, the bank said the international spend limit on the banks credit card remains at $1,000 monthly and forein currency debit card limits remain unchanged.
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The statement reads, “Kindly be informed that effective August 1, 2022, International spend on our Naira Visa Debit Card will be suspended.
“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.”