LAGOS (Sundiata Post) – Diamond Bank Plc has suspended international transactions on naira debit and credit cards for customers of the bank. In a statement available Sundiata Post, the bank said naira debit and credit cards can only be used for local transactions at POS, ATM and online for Nigerian retailers effective from today (May 17th, 2016).
According to the statement “Owing to the current volatility in the foreign exchange market we no longer offer access to goods and services priced in foreign currency, including purchases offshore and online on international websites. We wish to encourage our customers to make use of the many options for foreign purchases including our Dollar and GBP Debit Cards, Form A and M and also online transfers of foreign currency from our Domiciliary accounts which are available in Pounds, US Dollar and Euro.”
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