Adjustment of FX Annual Limit

Forex
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Saturday, October 24, 2015 6.50AM / Zenith

Further to the earlier communication on "Reduction in annual spend limit on international transactions", please be informed effective Monday October 26, 2015, all Naira card transactions will have a monthly transaction limit of $2,000 subject to an annual limit of $25,000.

For customers requiring transaction spend above the limit, we advise you to obtain a dollar debit card by opening an individual domiciliary account funded by electronic transfer to ensure continued card usage abroad.

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