Guaranty Trust Bank Plc (GTBank) has raised the monthly international spend limit on its naira MasterCard by 900% to US$1,000 from US$100 effective July 10.
In an e-mail to customers, GTBank said the limit was raised for only electronic transactions online and via point of sale terminals, stressing that rstrictions still remain on cash withdrawal.
The bank stated: “We write to inform you of the monthly spending limits currently applicable when using your GTBank Naira MasterCard for International payments. Kindly note that International cash withdrawal is still restricted.”
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