Business
Banks resume international transactions on naira cards as FX liquidity improves
Commercial banks in Nigeria have announced the resumption of international transactions on their naira cards.
After years of suspension, United Bank of Africa (UBA), Wema Bank, and GTBank said in separate announcements to customers that the service has recommenced on their naira cards.
“In line with our continued commitment to providing you with seamless and enhanced banking experiences, we are pleased to inform you that all UBA Premium Naira Cards, including Gold, Platinum, and World variants are now enabled for international transactions,” UBA told its customers.
In the recent notice to customers, UBA stated that the resumption aligns with its continued commitment to providing clients with seamless and enhanced banking experiences.
The development comes about three years after many banks suspended international transactions on naira debit cards
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