It can be used to make purchases online, pay bills, and access cash at ATMs worldwide. International spend: Daily ATM limit of $100 and a cumulative Monthly limit of $200 (ATM, POS & Web). Banks had in 2020 reviewed monthly international spending using naira ards from $500 to $300 and ultimately to $100. Please call our 24 Hour Contact Centre on 01-2712005-7 to block your card, and request for another card. Some Nigerian banks have imposed limits on the international transactions of its customers. It offers a convenient alternative to the use of cash and cheques. Over the weekend, First Bank, Zenith Bank, Sterling Bank, Guaranty Trust Bank, Union Bank and other banks sent notices to their customers on the restrictions. Zenith reduces international spending limit to $20 monthly; First Bank $50 GTB had also cut monthly limit to $20 while First Bank of Nigeria set the . atm service. TNG recalls that Guaranty Trust Bank (GTBank) had two weeks ago slashed the international spending limit on its Naira Mastercard by 80 per cent to $100 per month from $500 it first reduced it to earlier in the year. A notice obtained by Business Post on Friday, November 12, 2021, disclosed that the new spending limit is now $200 instead of the former $100. The Visa Infinite Debit Card is linked to your savings or current account. Debit Mastercard | Stanbic IBTC Bank 13/11/2021. Local POS (& Online) transaction Limit: Web-N500 000. Guaranty Trust Bank (GTBank) has increased its monthly spending limit on the GTBank Naira Mastercard for international transactions to $200. Local spend: ₦300,000 on ATM and ₦3,000,000 on POS/Web per day. With this review, the spending limits currently applicable for customers, using an Ecobank naira MasterCard, for international spend on Point of Sale (PoS) and online channels was raised from $300 . Notable among them is Stanbic IBTC . One of the best online banking service provider in Nigeria, GTank has now reviewed it's Naira Card spending limit from $100 up to $200.