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Nairaland Forum / Nairaland / General / Business / Access Bank Increases International Spending Limit To $1500 Monthly (8161 Views)
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Access Bank Increases International Spending Limit To $1500 Monthly by invincible560(m): 5:01pm On Mar 16, 2022 |
Amid dollar scarcity when almost all banks have limited international spending limits on their cards to $20, Accessbank has thrown the hat into the ring amongst other banks and availed their customers with a $1500 international spending limit Monthly. This new development was spotted in the memo sent earlier this morning via email to us. What you should know! Earlier Feb 11, the CBN said it will stop the sale of FX to money deposit banks and strongly advised money deposit banks(MDB) to source for export proceeds to meet dollar demands for their customers. However, the CBN has implemented a new scheme “RT2000 scheme” very similar to the naira4dollar scheme but rewards differently with 65# for every dollar traded at the I & E importers window. The program aims to generate over $200bilion in FX into the economy from non-oil exporters So this vividly, shows the economy is need of FX as there are endless efforts by the CBN to get more FX supplies into the economy through different policies and schemes. Access bank New international spending limits capped $1500 Monthly. If you own a visa card or a master card, you can conveniently make international purchases up to $1500 with your debit card. However, access bank has capped international ATM withdrawal on all their debit cards at $100 daily. Access Bank Current Exchange Rate As at the time of writing this post, the current exchange rate for access bank is 557/$ does this profer solution to your dollar needs at the moment? Considering black market to be over 580/$ https://techfashy.com/2022/03/access-bank-increases-international-spending-limit-to-1500-monthly.html 1 Like
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Re: Access Bank Increases International Spending Limit To $1500 Monthly by invincible560(m): 5:02pm On Mar 16, 2022 |
[quote author=invincible560 post=111092778]Amid dollar scarcity when almost all banks have limited international spending limits on their cards to $20, Accessbank has thrown the hat into the ring amongst other banks and availed their customers with a $1500 international spending limit Monthly. This new development was spotted in the memo sent earlier this morning via email to us. What you should know! Earlier Feb 11, the CBN said it will stop the sale of FX to money deposit banks and strongly advised money deposit banks(MDB) to source for export proceeds to meet dollar demands for their customers. However, the CBN has implemented a new scheme “RX 2000 scheme” very similar to the naira4dollar scheme but rewards differently with 65# for every dollar traded at the I & E importers window. The program aims to generate over $200bilion in FX into the economy from non-oil exporters So this vividly, shows the economy is need of FX as there are endless efforts by the CBN to get more FX supplies into the economy through different policies and schemes. Access bank New international spending limits capped $1500 Monthly. If you own a visa card or a master card, you can conveniently make international purchases up to $1500 with your debit card. However, access bank has capped international ATM withdrawal on all their debit cards at $100 daily. Access Bank Current Exchange Rate As at the time of writing this post, the current exchange rate for access bank is 557/$ does this profer solution to your dollar needs at the moment? Considering black market to be over 580/$ https://techfashy.com/2022/03/access-bank-increases-international-spending-limit-to-1500-monthly.html |
Re: Access Bank Increases International Spending Limit To $1500 Monthly by Apus: 5:05pm On Mar 16, 2022 |
Nice! |
Re: Access Bank Increases International Spending Limit To $1500 Monthly by jackson44(m): 6:09pm On Mar 16, 2022 |
invincible560: |
Re: Access Bank Increases International Spending Limit To $1500 Monthly by Dialpad: 6:17pm On Mar 16, 2022 |
This is some good news .... so where are they getting their dollars from... I don't trust that bank, they could buy from Aboki and resell to the public via their cards at a stupidly exorbitant rate.... They made people pay for their exclusive card for over 100k .... that's a super scam |
Re: Access Bank Increases International Spending Limit To $1500 Monthly by Dscientist: 6:21pm On Mar 16, 2022 |
557NGN/ 1USD The NGN/USD rate is killing . |
Re: Access Bank Increases International Spending Limit To $1500 Monthly by Conner44: 7:49pm On Mar 16, 2022 |
Other banks reduced theirs to $20 but access wants to do abracadabra and provide $$ for their customers. there must be a catch somewhere 2 Likes 1 Share |
Re: Access Bank Increases International Spending Limit To $1500 Monthly by invincible560(m): 9:01pm On Mar 17, 2022 |
[quote author=jackson44 post=111094588][/quote] Update!! Accessbank reduces rate to 498/$ today!! March 17th |
Re: Access Bank Increases International Spending Limit To $1500 Monthly by jackson44(m): 9:00am On Mar 18, 2022 |
invincible560:correct bro. I was charge #42,574.02 for $85.49 transaction today. |
Re: Access Bank Increases International Spending Limit To $1500 Monthly by toniotonero(m): 3:51am On Mar 29, 2022 |
invincible560:498 is still better dan those stupid $20 limit to other banks, @ all @ all na im bad pass 1 Like |
Re: Access Bank Increases International Spending Limit To $1500 Monthly by Jerien1: 12:30pm On Apr 03, 2022 |
Pls what's Access bank current $ exchange rate |
Re: Access Bank Increases International Spending Limit To $1500 Monthly by Jerien1: 3:18pm On Apr 26, 2022 |
Re: Access Bank Increases International Spending Limit To $1500 Monthly by Awadi(m): 6:45pm On Jun 18, 2022 |
Please is access bank still doing this till now? |
Re: Access Bank Increases International Spending Limit To $1500 Monthly by grandstar(m): 2:23am On Jun 19, 2022 |
This ₦65 compensation for every dollar received is devaluation by another name 1 Like |
Re: Access Bank Increases International Spending Limit To $1500 Monthly by Awadi(m): 3:12am On Jun 19, 2022 |
grandstar: But will the Access bank card work If I try to perform an international transaction with it And is the limit still at 100$ |
Re: Access Bank Increases International Spending Limit To $1500 Monthly by grandstar(m): 6:29pm On Jun 19, 2022 |
Awadi: I am not familiar with Access bank card. Your best bet is www.barter.me Once you register, you're automatically assigned a virtual Naira debit card. You can apply for a virtual dollar card. I think it cost $2 and you get it instantly. Minimum you can load at any time is $5. The card even works with PayPal. The exchange rate they use is the black market rate. |
Re: Access Bank Increases International Spending Limit To $1500 Monthly by EthiiDesign(m): 11:54pm On Aug 22, 2022 |
Awadi: Is it? |
Re: Access Bank Increases International Spending Limit To $1500 Monthly by MrPADDY(m): 7:12am On Aug 23, 2022 |
Impressive |
Re: Access Bank Increases International Spending Limit To $1500 Monthly by cmoney22222: 9:11am On Aug 23, 2022 |
Access is 20$ |
Re: Access Bank Increases International Spending Limit To $1500 Monthly by searchng4love: 4:27am On Aug 26, 2022 |
cmoney22222:Per day for online purchases? |
Re: Access Bank Increases International Spending Limit To $1500 Monthly by teslheem: 11:47pm On Aug 29, 2022 |
$20 monthly now |
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