Fidelity Bank Plc said it has raised the monthly international spend limit on its Naira cards to $1000. The Bank made the disclosure yesterday in a statement issued by the Chief Executive Officer, Nnamdi Okonkwo. According to him, the move was in response to complaints from customers as well as improved liquidity in foreign exchange occasioned by economic recovery plans engineered by the Central Bank of Nigeria (CBN).
“We are pleased to remove the restrictions on International transactions on Fidelity Visa Naira Credit and Debit Cards. It was important for us to take advantage of the slight ease in sourcing foreign exchange to do this in order meet with the yearnings of our teeming customers"
The statement further advised customers “to always insist on being billed in the currency of the country in which the purchases are made especially, POS payments in order to avoid attracting additional charges".
