The Central Bank of Nigeria (CBN)
has recently reduced the annual international spend limit on your Card
from $150,000 to $50,000.
Going forward, the amount you can now spend abroad is $50,000 annually. Furthermore, the
daily cash withdrawal limit abroad has also been reduced to $300.
Please see new transaction limits both home and abroad as they apply on your Fidelity Card.
Transaction Type | Local | International |
Daily ATM Cash Withdrawal Limit
|
N150,000 | $300 |
Daily POS Purchase Limit | N1,000,000 | N2,000,000 (Equivalent in any currency) |
Daily Web Purchase/Payment Limit
|
N1,000,000 | N1,000,000 (Equivalent in any currency) |
Annual International Spend Limit
|
$50,000 |
These new limits take effect immediately and regretfully, extensions beyond those stated here cannot be granted.
Kindly understand that these measures are not intended to stifle your convenience but in compliance with a directive from CBN.
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