GTBank announces new withdrawal limit for online, POS transactions
Guaranty Trust Bank (GTBank) has introduced new transaction limits for its Naira cards used internationally.
Notably, GTBank had previously suspended international transactions on its Naira cards due to foreign exchange restrictions, but has now resumed this service with the new limits in place.
The new international transaction limits are Quarterly limit: $1,000 for international transactions, including online purchases, POS payments, and ATM withdrawals.
Furthermore, ATM withdrawal limit: $500 per quarter for withdrawals abroad and overall international transaction limit: Up to $1,000 per quarter.
These changes apply to all GTBank Naira cardholders, with the quarterly limit covering various international transactions.