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Thousands of United Kingdom and Canadian visa applicants and intending travellers wanting to book hotels online were stranded on Monday as Deposit Money Banks stopped their naira debit cards from being used for dollar and other foreign currency-denominated transactions. The DMBs had on Friday stopped their naira debit cards from dispensing dollars to customers via Automated Teller Machines in foreign countries, as well as disallowed the cards from being used for online and Point of Sale transactions.
The banks cited dollar scarcity and volatility in the foreign exchange market as reasons. Payment for the UK visa is done online via the government-designated website. Travelling agents and applicants said they could not complete the UK visa application procedures on Monday. They said payments with naira debit cards of Guaranty Trust Bank Plc, Ecobank Nigeria, United Bank for Africa Plc and other banks were declined. It was further learnt that intending travellers and forex card atm withdrawal limit applicants wanting to make hotel booking online could not do so as their transactions via the naira debit cards were declined by withdraqal banks.
I am finding it difficult to pay for my UK visa online. I have filled the form. Travelling agents assisting the visa applicants to fill their forms said they found it difficult to make payment for UK and Canadian visas online using naira debit cards. The Chief Executive Officer, Flying Partner, a Lagos-based travel agency, Mr. The few payments we made were done through our partners in foreign countries, who used international debit cards issued by foreign banks.
It is very terrible. I am not sure we can continue like this. Meanwhile, hundreds of customers besieged banking halls on Monday to apply for dollar debit cards, a day after the banks suspended naira debit cards from working overseas. When our correspondent visited some bank branches, crowds of customers were seen filling forms to open domiciliary accounts and to obtain dollar debit cards. Stanbic IBTC Bank and Standard Chartered Bank Nigeria had on Friday advised customers seeking to carry out transactions denominated in foreign currencies to apply for dollar or pound sterling debit and credit cards.
Kindly note that ATM cash withdrawal on your naira MasterCard is now only available in Nigeria. Most of the students had relied withdrrawal ATM card withdrawals to get their monthly stipends from their parents before now. Although other banks have yet to announce the suspension of ATM card services abroad, findings by our correspondent showed that many lenders had reduced drastically the amount that customers could withdraw via ATMs abroad.
This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or withdraaal in whole withdrxwal in part without prior express written permission from PUNCH. This is a lawless country and those entrusted to execute the law are anarchist. So what do you expect. The highest institutionally corrupt government establishment in Nigeria is the Nigerian Police.
But again they can do their job very well if they want to. Did the police have to take the suspects to the hide? Getting the description of the place was it not enough wuthdrawal the police to swoop witudrawal the gang members? HOW MANY TIMES DID ICALL U? Published October 18, October 18, Another case of extra-judicial killings by the Nigerian Forex card atm withdrawal limit What sort of country is this?
This is just an iceberg of what they police do.
Breaking News: ATM Cash Withdrawal Limit Raised From Rs. 4,500 To Rs. 10,000 A Day
Earn miles for loading and every time you spend on your Miles & More Axis Bank World Traveller Card. Thousands of United Kingdom and Canadian visa applicants and intending travellers wanting to book hotels online were stranded on Monday as Deposit Money Banks. Debit Cards from Axis Bank. Apply for the best Debit/ ATM Cards Online. Click here to get more information.